Nikkei Staff Writers
Stories by Nikkei Staff Writers
China’s JD.com forecasts double-digit revenue growth this quarter
JD.com reported a better-than-expected fourth quarter of 2019, with net revenue of 170.7 billion yuan ($124.5 billion).
Germany’s Delivery Hero seeks bigger SE Asia footprint with Woowa deal
With Woowa's revenue, Asia will generate about half of Delivery Hero's worldwide sales, up from around 30% previously.
Kioxia plans Oct IPO in Japan’s biggest potential listing this year
Kioxia, formerly Toshiba Memory, estimates its market valuation to reach $31.8 billion.
Japan’s MUFG Bank to invest over $700m in ride-hailing giant Grab
The two companies will form a partnership aimed at further growth in Southeast Asia.
No handshakes, no deals: Silicon Valley VCs hit pause button on China
"It is nearly impossible for us to do due-diligence work in Asia under the current situation," said one VC.
Japanese drug chains Matsumotokiyoshi, Cocokara agree to merge
The resultant company will become the sector's market leader, with combined sales of about $9.1 billion and 3,000 outlets.
Blackstone set to ink Japan’s largest ever real estate deal for $2.8b
The deal highlights the moves being made by foreign companies that are further pushing up Japan's rising real estate prices.
Beijing takes control of 44 hi-tech firms despite US pressure in trade talks
The nationalization of high-tech companies could become a potential roadblock in the so-called phase two talks.
Mock meat merchants smell $16b opportunity in Asia-Pacific
With less fanfare, Asian chains have been cooking up their own strategies to tap the meat substitute market.
JAL, Malaysia Airlines receive go-ahead for ‘joint venture’
Joint ventures also go beyond simple code-sharing operations.
