Tencent
General
Amazon in talks to invest in MedPlus; Samara nears deal for Spoton Logistics
E-commerce giant Amazon is in preliminary discussions to invest in Hyderabad-based pharmacy chain MedPlus Health Services Pvt. Ltd, news portal ......
Finance
China's Ganesh Ventures gets investment from Jack Ma-backed fund for India foray
Chinese venture capital firm Ganesh Ventures has floated a fund to invest in Indian startups and has received the backing ......
Consumer
China's CDH Investments looks to make a splash in India with new VC fund
Chinese alternative asset management firm CDH Investments is planning to carve out a venture capital fund that will focus on ......
General
UPL consortium eyes Arysta LifeScience; Temasek, Tencent may invest in FirstCry
Indian agrochemical major UPL Ltd has joined hands with sovereign wealth fund Abu Dhabi Investment Authority and other investors to ......
TMT
Tencent Holdings leads $50 mn round in vernacular app NewsDog
NewsDog, a Hindi and vernacular app founded by Chinese entrepreneurs and downloaded 10 million times on Google Play Store, has ......
TMT
Walmart-Flipkart deal: Naspers earns four-fold returns in big India exit
South Africa-based internet group Naspers said on Wednesday it has sold its entire 11.18% stake in Indian online retailer Flipkart ......
Finance
Norway's sovereign wealth fund doubled returns last year amid stock market boom
Norway’s $1 trillion sovereign wealth fund, the world’s largest, doubled its return on investment in 2017, beating its benchmark, as ......
TMT
eBay takes $61 mn impairment hit on Snapdeal investment
Global e-commerce firm eBay Inc. has written down its investment in online marketplace Snapdeal but recorded gains by selling its ......
TMT
Ola to shut down bus unit Shuttle
Indian ride-hailing company Ola is completely shutting bus unit Ola Shuttle after scaling it down in several cities in recent ......
TMT
Google signs patent deal with Tencent to boost China prospects
Alphabet Inc’s Google has agreed to a patent licensing deal with Tencent Holdings Ltd as it looks for ways to ......
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