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Lazada takes over RedMart
Alibaba’s Southeast Asian subsidiary Lazada has confirmed it will acquire Singapore e-grocer RedMart.
Alibaba to take stake in Yum China
Yum! Brands has agreed with two partners to invest $460 million into Yum China, following its spinoff from the American ...
LVMH affiliate invests $50m in Clio
L Capital, an affiliate of LVMH, will invest US$50 million in Korean cosmetics company Clio.
Alibaba buys Lazada
Alibaba buys Lazada: the world’s largest eCommerce company has acquired a controlling interest in Southeast Asia’s large...
Tesco Asia carve up likely
A Tesco Asia carve up is on the cards as a buyer emerges for the Malaysian operations.
Foodpanda seals $110m funding
Rocket Internet subsidiary Foodpanda says Goldman Sachs has invested another $110 million into the business and will tak...
Chinese chomp up UK pizza chain
Chinese private equity firm Hony Capital is eyeing to buy UK-based chain PizzaExpress. Hony Capital is reported to have ...
Lotte to list in Singapore
South Korean retailer Lotte Shopping is seeking to raise as much as US$1 billion in a Singapore IPO. The IPO – the...
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