China’s Anbang Insurance Group Co. reached a deal to buy the South Korean operations of Germany’s Allianz SE, just days after it walked away from a $14 billion bid for…
Rocket Internet is selling its Zalora Thailand and Vietnam eCommerce fashion sites. This follows the Alibaba Group investing in Rocket Internet’s Lazada, valued at US$1.5 billion. Zalora, which raised more…
Malaysia-based Axiata Group has entered the Nepal telecoms market with the acquisition of the nation’s largest mobile operator Ncell. Axiata has paid $1.36 billion for an effective 80% stake in…
Huawei has launched a new 4K ultra HD streaming video offering during its Big Video Summit in Indonesia. The vendor recently successfully trialed the technology in collaboration with Telkom Indonesia.…
The Philippines’ 55 million voters are now susceptible to fraud and other risks after a massive data breach leaked the entire database of the Commission on Elections (Comelec), security firm…
Sino-Europe private equity firm Cathay Capital has made an undisclosed investment in Chinese home furnishing product retailer ABS through its Sino French SME Fund, says a company announcement. “ABS stands…
Europe’s second largest airline Air France-KLM has handed Tata Communications a multi-million dollar deal to provide next-generation network connectivity to 170 sites. Tata Communications will provide Air France-KLM with an…
Alibaba Cloud’s “Ai,” an artificial intelligence program was put on the spot to predict the winner at the grand finale of “I’m a Singer,” the popular Chinese reality television produced…
Three years after its Singapore debut, CB2 – the sister store of American furniture and homeware brand Crate & Barrel – is closing shop for now. Its management is looking…
Two fashion brands will bow out of the challenging retail scene here before the year is out. Eight stores in various malls showcasing the British brand New Look and French…
A lot of people thought we dreamed the impossible dream,” chuckles Chadatip Chutrakul, recalling initial reaction to her newest–and biggest–project, Icon Siam. The 55-year-old CEO of Siam Piwat is best…
Sales of Apple Inc.’s latest smartphone offering, the iPhone SE, began in Taiwan Thursday, last April 7, with retailers and telecom companies reporting mixed consumer reactions. Data Express, a chain…
POMO HOUSE founder and the Distributor Pomo Kids Watch the ultimate intelligent watch that can help you keep track of the behavior of the children. To launch the new model …
Asos has made the decision to remove its Chinese operations as the retailer found expansion of the business too costly. Instead of holding stock in China, Asos will serve it…
Luggage giant Samsonite on Thursday warned its outlook for this year was “uncertain” owing to the growth slowdown in key market China and a stronger US dollar. The firm said…
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