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Insights
10-Jun-19 Vingroup JSC has started work on a smartphone factory with a 125 mn unit capacity. CEO Nguyen Viet Quang said orders from partners in the US and Europe spurred the investment in increasing its current capacity by 25 times. [image: Reuters / Mai Nguyen]
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06-Jun-19 Didi Chuxing, China’s largest ride-hailing platform, is entering Chile and Colombia as it eyes overseas expansion amid stiffer competition at home. The move follows its foray in to Brazil, Mexico, Australia and Japan over the past year or so.
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18-May-19 Chinese investment in Latin America increased by over USD15 bn in the first half of 2018. Although only Ecuador and Venezuela are part of the Belt and Road Initiative, Brazil and Argentina have also received investments from Chinese tech companies.
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15-May-19 Indian online grocery delivery start-up Grofers has secured USD200 mn from investors led by SoftBank’s Vision Fund, in the USD100 bn investment vehicle’s latest bet on India's technology sector. Grofers claims to have achieved annual revenue of USD400 mn. [image: Reuters / Issei Kato / File Photo]
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25-Apr-19 Media and entertainment company CMC has partnered with Discovery to develop content for preschool children and create theme parks in China, as demand for quality family entertainment rises. [image: SCMP]
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