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Insights
07-Feb-18 Alibaba has secured a USD200 mn stake in leading Indian online grocery group BigBasket, while its payments affiliate Ant Financial agreed to invest the same sum into Indian food-ordering app Zomato. [image: Morgan Stanley Research / FT]
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Insights
06-Feb-18 Malaysia’s IHH Healthcare and Singapore investor Temasek Holding are in separate discussions to acquire controlling interest in India's Global Health, the parent of Naresh Trehan-founded Medanta hospitals, in a deal valued at around USD900 mn. [image: ET Healthworld]
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Insights
06-Feb-18 Malaysia's IHH is said to be competing with Singapore sovereign fund Temasek Holdings to acquire a controlling interest in India's Global Health for an estimated value of around INR5,800 crore (USD904 mn). [image: The Malay Mail Online]
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Insights
06-Feb-18 Myanmar is stepping up efforts to draw investment into its healthcare sector in an effort to reduce the 80% out-of-pocket spending through insurance investments, and also to launch 10 new hospitals a year funded by international investors. [image: Zarni Phyo / The Myanmar Times]
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Insights
05-Feb-18 Ping An owned healthcare app Good Doctor has raised USD400 mn in funding, while its managed care platform OneConnect raised USD1.8 billion. Ping An's healthcare technology business covers 800 million people across 70% of the cities in China. [image: China Money Network]
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