By Vladimir Soldatkin
Alibaba will own 48 percent of AliExpress Russia as a result of the deal signed with RDIF, mobile operator Megafon and internet group Mail.ru
The deal allows Renesas to bring on board IDT’s know-how in chips for wireless networks and data storage which are crucial for self-driving cars.
Kirin has been reviewing its business portfolio, which spans alcohol, beverages, food and drugs at home and overseas.
The 226MW wind farm is being acquired from Renewable Energy Systems and Macquarie Capital, which jointly developed the project.
FTPE will be headed by managing partner Arthur Wang, who will be joining from San Francisco Employers’ Retirement System.
Altaba is Yahoo Japan’s second-largest shareholder with a 23.9 percent stake, trailing only SoftBank Group Corp.
The largest buyout firm in the Nordic region is also considering attracting an external investor as a part of a broader strategic review.
The new fund, Solariant Renewable Energy Fund, will accept a minimum investment of $5 million.
Dubai-based Careem is Uber’s main Middle East rival, competing in most of the region’s major cities including Cairo, Dubai, and Riyadh.
Shanghai-based Ringle.AI has raised a $30-million investment led by Bertelsmann Asia and IDG Capital while Korean startup Miso has secured $8 million Series A.