Brenda Goh
Stories by Brenda Goh
Hainan Airlines sells remaining stake in Brazil’s Azul for $306m
The company had in April sold part of its stake in Azul to a subsidiary of United Airlines' parent United Continental Holdings for $138.3 million.
Chinese online grocer Dada-JD Daojia raises $500m from Walmart, JD.com
The company comprises of two businesses and is partly owned by JD.com.
Starbucks hopes coffee delivery partnership with Alibaba can perk up China sales
The companies will collaborate across businesses within the Alibaba group, including delivery platform Ele.me, supermarket chain Hema, online retailer
Juneyao Airlines acquires 5% stake in China Eastern for $1.9b
Juneyao Airlines and its controlling shareholder Juneyao Group are expected to own more than 5 percent stake in China Eastern
Alibaba’s Cainiao JV to invest $1.53b in logistics hub at Hong Kong airport
Cainiao Smart Logistics Network will take a 51 percent stake in the joint venture.
Alibaba-led consortium picks stake in Chinese courier ZTO for $1.4b
The investment would be Alibaba's third in a Chinese courier after it bought minority stakes in YTO Express and Best Inc.
Meituan-Dianping to buy large stake in Chinese bike-sharing major Mobike
The deal was brokered by Pony Ma, chief executive of Tencent Holdings, a backer of both companies.
China’s Didi Chuxing seeks to raise $1.6b via asset-backed securities
Didi had raised $4 billion in December to support its overseas expansion. It is facing new challengers at home with several firms including Tencent-ba
China’s Okay Airways says seeking investment from foreign airlines
Okay Airways plans to eventually launch routes to Europe and America and believes that having a foreign airline as a shareholder will aid that goal.
China: Didi Chuxing to launch own bike-sharing platform and brand
Didi said it had reached a cooperation agreement with Chinese bike-sharing firm Bluegogo, which will be hosted on its platform.