By Mars Woo
Tribe Theory, a REAPRA-backed operator of global hostels and hotel brands for startups and budding entrepreneurs, has expanded into Indonesia and India.
Consumer acquisitions in India have more than doubled this year to $7.7 billion, up from $3.4 billion during the same period in 2017
The gradual opening up of China’s financial market worth trillions of dollars has enthused some overseas firms to bulk up their presence in the country
BigBasket had earlier launched a pilot e with Kwik24 to deploy smart vending machines in five apartment buildings in Bengaluru.
The proposed acquisition will be done via PTT’s power and utilities arm Global Power Synergy.
The wind farms, acquired by Macquarie Capital last May, are scheduled to be fully operational by the second half of 2019.
The deal could help JD.com expand beyond its base in China and SE Asia and establish a meaningful presence in U.S. and European markets.
Geely announced in February it had bought a stake of almost 10 percent in Germany’s Daimler, AB Volvo’s main rival.
Tokio Marine & Nichido Fire Insurance will buy IAG’s 98.6% stake in Thailand’s Safety Insurance and 80% of PT Asuransi Parolamas in Indonesia.
This is the largest primary capital infusion in AU Bank and its first ever since their last raise in fiscal 2012.