Tags: Stake acquisition
Alibaba Group Holding Ltd unit to buy Chinese department store operator Intime Retail Group Co
Alibaba Group Holding, through its unit, will be buying a stake and subscribing to convertible bond shares in Intime Retail Group Co, a department store operator, Bloomberg reported.
Temasek Holdings said to be in advanced discussions for substantial Watson stake purchase
Citing sources, The Wall Street Journal reported that Singapore state investment firm Temasek Holdings was in advanced discussions for a "strategic" stake acquisition of Li ka-shing's health and beauty retailer Watson.
Tencent Holdings Ltd agrees to acquire 15pct stake in retailer JD.com for $214.7M
Tencent Holdings will be acquiring a 15% stake in JD.com in a $214.7 million deal to provide a stronger platform that will rival Alibaba Group Holdings in the space, Bloomberg reported.
Tencent Holdings may acquire a 16pct stake in online retailer and merge platforms
Tencent Holdings, the biggest Internet company in China, could get a 16% stake in online retailer JD.com, according to a Chinese business newspaper, Reuters reported.