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Tag: JV

Retail Asia26/07/2018
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E-Tailing

Japan’s Inagora inks agreement with Thailand’s CP

1min0
Japan-based e-commerce platform Inagora is teaming with Thailand’s CP (Charoen Pokphand) Group to boost its China business. The joint venture is also researching expansion into Southeast Asia. Inagora targets Chinese shoppers seeking Japanese goods. It boasts 4 million registered users and an inventory of about 40,000 SKUs, ranging from food and household goods through to […]
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Retail Asia14/06/2018
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Fashion

Mulberry FY profit falls; to form South Korea JV

2min
Mulberry Group PLC (MUL.LN) said Wednesday that fiscal 2018 pretax profit declined 8% and that it will form a new majority-owned joint venture to develop its business in South Korea. The luxury leather-goods company said it has signed an agreement with SHK Holdings Ltd. to form a new entity called Mulberry (Korea) Co. Mulberry said […]
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Retail Asia26/12/2017
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E-Tailing

Bic Camera, Rakuten looking at JV

2min0
Japanese e-commerce site Rakuten and consumer electronics retailer Bic Camera are considering a JV that will marry virtual and real stores. They expect to sign a basic agreement soon with a view to setting up their partnership early next year to work toward launching their e-commerce site in April. Bic Camera already has an online […]
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Retail Asia18/09/2017
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Fashion

JD Sports Fashion forms JV for Korea

1min0
British sportswear retailer JD Sports Fashion has formed a joint venture to enter the South Korean market. It is partnering with footwear retailer Shoemarker and its J&S Partners unit, which trades as Hot-T . It has bought an initial 15 per cent of Hot-T fo r £ 5.5 million (US$7.4 million ) and has a […]
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Retail Asia12/09/2017
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Real Estate

Central Pattana forms JV with Tesco

1min0
Retail property developer Central Pattana (CPN) has set up a JV with British retail giant Tesco to co-develop property in the Thai market. The  Central Group subsidiary has told the Stock Exchange of Thailand (SET) that the new company, Synergistic Property Development, will support business expansion. It has registered capital of THB100,000 (US$3000) with ordinary […]
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Retail Asia29/06/2017
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Telecom

China Telecom to expand JV with AT&T

2min0
China Telecom has agreed to extend its partnership with AT&T to cover the development of more advanced network services for multinational companies operating in China. The operators have signed a framework agreement to explore ways to develop new IoT, cloud-based big data, VoLTE roaming and SDN based services. AT&T, China Telecom and Shanghai Information Investments […]
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Retail Asia26/05/2017
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Logistics

UPS and SF Holding To Establish a Joint Venture

4min0
UPS and SF Holding, the parent company of SF Express, today announced plans to establish a joint venture and collaborate to develop and provide international delivery services initially from China to the US, with expansion plans for other destinations. Through this agreement the parties will leverage their complementary networks, service portfolios, technologies and logistics expertise. The […]
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Retail Asia05/04/2017
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Living

TV programme “Startup Nation” to air shortly in Vietnam

3min0
Vietnam Television (VTV) and HCM Communist Youth Union on Monday announced a new TV programme titled “Startup Nation,” which is expected to promote startups inVietnam. The announcement was witnessed by Deputy Prime Minister Vương Đình Huệ, Minister of Science and Technology Chu Ngọc Anh, Minister of Agriculture and Rural Development Nguyễn Xuân Cường, leaders of the youth […]
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Retail Asia07/10/2016
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Finance

New Silkroutes Group in Joint Venture to Offer Private Equity Funds in Asia Pacific

8min0
New Silkroutes Group (“NSG” or “the Group”) has formed a joint venture with three parties, including the Singapore subsidiary of China’s Nanshan Group, to develop private equity funds that will focus on healthcare and infrastructure in the Asia Pacific region, including Japan and Australia. The new Singapore-incorporated entity, New Silkroutes Asset Management, is 30% owned […]
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Retail Asia05/09/2016
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Living

Blackmores, Kalbe join forces in new Indonesian venture

2min0
Australian Ambassador to Indonesia Paul Grigson has welcomed the new partnership between Australian company Blackmores and Indonesias Kalbe that will allow new vitamin products to enter the local market. Blackmores will initially supply eight products in Indonesia through the joint venture, the Australian Embassy here said on its official website on Saturday (Sept. 3). Ambassador […]
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Retail Asia30/03/2016
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Telecom

Viettel picked for Myanmar telecom JV

2min0
The Myanmar government has selected Vietnamese military-run operator Viettel as the international partner for the consortium likely to be granted the nation’s fourth telecom license. Viettel has been selected from a pool of seven contestants and been granted the rights to negotiate with the local consortium over a potential partnership. According to the report, only […]
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Retail Asia17/12/2015
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E-Tailing

Shopping tech firm Powa in major Chinese joint venture

4min
Powa Technologies, a British e-commerce tech firm, has formed a “strategic alliance” with China’s biggest payments processor, China UnionPay. The joint venture could generate $5bn (£3.3bn) in revenues over three years, Dan Wagner, Powa’s chairman and chief executive, told the BBC. China UnionPay has about 4.5 billion credit and debit card users worldwide. Powa’s technology enables […]
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Retail Asia03/08/2015
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General

Indonesia’s Bank Mandiri partners ASCO, Tunas for multifinance biz JV

5min
PT Bank Mandiri Tbk (BMRI), the largest bank by assets in Indonesia, is planning to tap the growing automotive credit market through a joint venture (JV) with a multifinance firm PT Mandiri Utama Finance (MUF). The bank plans to collaborate with automotive distribution company ASCO Automotive and Tunas Group for establishing the JV company. In the new JV, Bank Mandiri […]
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Retail Asia08/07/2015
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Automotive

Bridgestone to establish auto parts JV in Indonesia

1min
Bridgestone Corp. plans to establish a joint venture company to produce anti-vibration rubber products for automotive vehicles in Indonesia. The agreement was concluded on July 2 with PT Astra Otoparts Tbk, which manufactures and sells automotive parts in Indonesia. The JV is to build a manufacturing plant of anti-vibration rubber products, which is set to […]
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