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Alibaba buys Pakistani online retailer Daraz

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11-May-18 Alibaba has bought Pakistani e-commerce firm Daraz, as it looks to increase its presence in South Asia. Daraz, founded in 2012, is backed by tech incubator Rocket Internet and operates in Bangladesh, Myanmar, Sri Lanka, Nepal and Pakistan. [image: Shutterstock / Retail In Asia]

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China’s Lepu Medical set to enter India

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11-May-18 China-based Lepu Medical Technology, distributor of high-tech medical devices, equipment, mobile medical services and pharmaceuticals, is set to make its foray into Indian medical devices and equipment market through its subsidiary, Lepucare India Vascular Solutions. [image: Biospectrum Asia]

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