Insights
06-Aug-19 Amazon is reported to be in talks to acquire 26% of Reliance Retail. Reliance, which serves 5 million customers a week, was previously in talks with China’s Alibaba but the deal fell through because of differences in valuation. [image: Shutterstock / Retail In Asia]
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Insights
28-Jul-19 India’s automobile leader, Mahindra & Mahindra with local partner Ideal Group, will launch the first automobile manufacturing and assembly plant with in Welipenna next month, with an eye on the export market. The JV will commence with the KUV100 cars. [image: Mahindra / Sunday Observer]
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Insights
25-Jul-19 China-based venture capital firm Shenzhen Capital Group has launched a USD291 mn healthcare fund, dubbed the Shenzhen Hongtu Healthcare Private Equity Fund, aimed at investing in companies that seek to disrupt the current healthcare pattern in the country. [image: Reuters / Bobby Yip / Deal Street Asia]
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Insights
25-Jul-19 Mobile network operators in Nigeria, South Africa, Kenya and other parts of sub-Saharan Africa plan to invest USD12 bn in their networks between 2018 and 2025 with 20% of the USD12 bn to be invested in 5G network deployment. [image: Najja 247 News]
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Insights
23-Jul-19 Malaysia's USD200 bn pension fund, Employees Provident Fund, is investing AUD70 mn in an Australian healthcare real-estate fund managed by developer Dexus. Employees Provident Fund's investment in Healthcare Wholesale Property Fund will enable it to acquire North Shore Health Hub. [image: Reuters / Nikkei Asian Review]
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