Morgan Stanley Archives - Inside Retail Asia
Flipkart has closed a US$1 billion funding round, with plans to raise an equal amount over the next few months.
Chinese photo app and mobile-phone maker Meitu Inc is about to launch an IPO in Hong Kong.
Carlyle Group and TPG Capital are in joint bids for the McDonald’s China and Hong Kong franchise licences.
India’s Future Group is discussing a buyout or merger with Aditya Birla Retail’s supermarkets.
Beijing Tourism Group and Sanpower are among bidders for McDonald’s China restaurants and master franchise.
Southeast Asian mall developer CapitaLand has offered to buy the remaining shares at its mall unit CapitaMalls Asia for S$3.06 billion (US$2.4 billion). CapitaLand currently owns 65 per cent stake in CapitaMalls Asia and is offering S$2.22 per share to fully own the unit. The plan is part of its strategy to consolidate businesses and increase returns, it says. CapitaMalls Asia owned 105 shopping malls valued at S$34.3 billion as at December 31. “CapitaLand Group will benefit from a clea…