Lazada Malaysia CEO Hans-Peter Ressel on growth opportunities.
By Nguyen Thi Bich Ngoc
Chinese tech giant Alibaba is investing RMB1 billion ($145 million) in the mobile gaming industry, as the group continues to expand its reach in the digital realm, it said in a statement. Alibaba announced the partnership with Mail.Ru Group, TFJoy, Efun and ONEMT to establish the “Global Strategic Alliance of… Read more »
Sistema Asia Fund Advisory plans to invest $12 million in at least four Indian startups in mid-stage financing deals while Chinese internet major Alibaba is looking to acquire an online movie booking firm. Sistema fund plans $12m investment in 4 Indian startups Venture capital fund of Russian conglomerate Sistema JSFC, Sistema Asia Fund (SAF)… Read more »