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To Boost Growth South Korean Kakao Corp to acquire Daum Communications
South Korea’s largest mobile messaging service, Kakao Corp has agreed to acquire local web portal, Daum Communications Corp to gain a listing and boost their presence in mobile and web services. Based on the terms of a Daum ...
May 14
Japan's Mizkan Group to Buy Bertolli and Ragu Brands from Unilever
For $2.15 billion Unilever has agreed to sell its North American pasta sauce business under the Betolli and Ragu brands to the Mizkan Group of Japan.  With this deal Unilever continues to offload its food brands. Unilever, which i...
May 14
Samsung Plans to Provide Biometric Sensors to all its Smartphones
According to a Samsung executive, Samsung Electronics is developing biometric sensors in its mobile security system. This service will also be available in the low-end smartphone models.At a forum in Hong Kong, Rhee In-jong Samsung&rsq...
May 14
American Food Company Hillshire Brands to Purchase Pinnacle Foods Inc
In a deal worth $4.3 billion, Hillshire Brands Company said that it would acquire Pinnacle Foods Inc.  This deal would help Hillshire Brands to combine its product range of Hillshire lunch meats and Jimmy Dean sausages with Pinnacle's Vlasic ...
May 14
Alibaba Teams with ShopRunner to help it Expand in China
Chinese e-commerce giant, Alibaba Group Holding Ltd has teamed up with ShopRunner which is a U.S. based e-commerce company, agreeing to help ShopRunner to expand into China and compete with Amazon.com.Fiona Dias, Chief Strategy Officer...
May 14
Overview of the Chinese Frozen Food Market
In the last decade China’s frozen food industry has developed rapidly. Both demand and production of frozen food products in China is expected to continue its growth in the near future. The Chinese frozen food revenue is exp...
May 14
American Pharmaceutical Company Pfizer Offers £58.7 Billion to Acquire AstraZeneca
US pharmaceutical giant Pfizer said in a statement that it was willing to pay $98.7 billion to acquire AstraZeneca. In January this year, Pfizer had made a bid approach to AstraZeneca. Again on April 26th, Pfizer also contacted its British rival, ...
Apr 14
Bentley Unveils its First Hybrid Concept Car at the Beijing Motor Show
At the Beijing motor show, Bentley's first hybrid concept car was unveiled. This signals the importance that auto makers place on the Chinese market.The hybrid luxury car which is a new version of £225,000 flagship Mulsanne model...
Apr 14
Toyota Issues the Second-largest Recall in the Company's History
More than 6.5 million cars are being recalled by Toyota to fix a variety of problems which includes faulty seats and steering wheels. This is the second-largest recall announcement by the carmaker. This latest recall affects 27 Toyota models, incl...
Apr 14
Cofco to Acquire Stake in Agriculture Unit of Noble Group
Chinese state-owned foodstuffs conglomerate, Cofco Corporation has agreed to pay $1.5 billion for a majority stake in the Noble Group’s agriculture unit.The tie-up with a major commodities trader Noble which is based in Hong Kong...
Apr 14
Sanpower Group Considers Acquiring House of Fraser
According to sources, Sanpower Group, a corporation that is controlled by former Chinese government official and multimillionaire, Yuan Yafei has offered to purchase House of Fraser, the 165-year-old historic British department chain for £45...
Mar 14
Evolution of Animation Industry in China
The Chinese animation industry is supported well by national policies and strategies that are encouraging the growth in the industry. There are more than 500 animated enterprises in China and the number of domestic animations has witnessed dramati...
Mar 14
How China's Aged Care Industry has changed in Recent Years
With increase in China’s aging population, the industry for aged care in the country has grown significantly. In 2012, the number of elderly people over the age of 60 in China was 194 million. This number is forecasted to increase, and by 20...
Mar 14
Prospect of the Chinese Patent Medicine Industry
The Chinese patent medicine industry has grown steadily in the last couple of years with increase in favorable policies by the state government. In 2013, the revenue generated from the Chinese patent medicine industry was 448.2 billion yuan and th...
Mar 14
Hyundai Motor's first Electric Car to be launched in 2016
South Korean multinational automobile manufacturer Hyundai Motor Company plans to start selling its first battery-powered electric vehicle (EV) in 2016. This marks the automakers venture into the nascent electric vehicle market.In resp...
Mar 14
To boost e-Commerce, Tencent to buy into JD.com
Tencent Holdings Ltd will purchase a 15 percent stake in e-commerce firm JD.com for $214.7 million as both the companies are seeking to challenge Alibaba Group Holding's dominant position in online shopping in China.This move is ahead ...
Mar 14
Cerberus Capital to Acquire Second Largest Grocery Store in US
The second-largest U.S. mainstream grocery store operator, Safeway Inc said Cerberus Capital Management which is a private equity firm, would acquire the company in a deal valued at about $9.4 billion.The present offer price of $40 per...
Mar 14
CNN's Zite Acquired by News Reader Company Flipboard
Flipboard, a news reader company announced on Wednesday that it has bought rival app Zite from CNN. Flipboard has also reached an agreement on content partnership with CNN.According to the CNN Money website, the deal is valued at $60 m...
Mar 14
China's COFCO might Acquire Noble Group's Agribusiness Division
China's state owned food processing holding companies COFCO Corp is in talks to buy Noble Group Ltd's agribusiness division. The deal would value the agribusiness division at around $1 billion.Acquiring the Noble Groups agribusiness un...
Mar 14
Alibaba Group to invest $820 million to build a Smart City
Alibaba Group, the Chinese e-commerce giant plans to invest $820 million in building a “smart city” with advanced computing facilities in Hainan, a southernmost Chinese island province.With Hainan selected to pilot the sche...
Feb 14
Prospect of China's Activated Carbon Industry
Activated carbon is a kind of adsorbent that is highly porous and is used in a number of industrial applications such as water purification, sewage treatment, gas purification, metal extraction, etc. The global market for activated carbon has been...
Feb 14
Panasonic Might invest in Tesla Battery Plant
Panasonic Corp is considering investing in a U.S. car battery plant planned by Tesla Motors Inc. The total investment for the battery plant project is estimated to be around $979 million (100 billion yen).In 2017, this facility is expe...
Feb 14
Overview of the Chinese Automotive Transmission Industry
China’s automotive transmission industry makes an important contribution to Chinese automobile industry as well as the development of the local economy. There is high-speed development in the Chinese automotive industry due to the scientific...
Feb 14
Overview of China's Luxury Items Industry
In economic terms, luxury goods are the ones, for which the law of demand is reverse i.e., the demand for such products increase with price. Luxury fashion products satisfy the socio-psychological needs in greater form and bring esteem to the owne...
Feb 14
Private Equity firm Cinven Signs a $900 Million Deal to Acquire Medpace
Cinven Ltd, a private equity firm has agreed to purchase Medpace Inc, a pharmaceutical contract research organization from buyout firm CCMP Capital Advisors LLC, for a little over $900 million.CCMP and Cinven refused to comment, while ...
Feb 14
Tencent Holdings to invest in Dianping
One of China’s largest internet companies, Tencent is all set to purchase 20-25 percent stake in food review and group-buying website Dianping for $400 million to $500 million. Tencent holds the option to purchase another 5 percent of Dianpi...
Feb 14
Alibaba Invests $100 million in Online Education Platform TutorGroup
On 17th February 2014, Alibaba the Chinese online shopping business announced that it has invested in the largest English-language learning institution in the world and a leading online education platform called TutorGroup.Alibaba said...
Feb 14
Digital Publishing Industry in China Poised to Witness Rapid Growth
Digital publishing has become quite popular in China and it is a thriving industry in the country. With the rapid evolution of digital technology in recent years, the digital publishing industry in China has grown significantly. In 2012, the digit...
Feb 14
Prospect of China's Laser Equipment and Processing Industry
The global laser equipment market has witnessed declining growth in recent years in spite of continuous improvement in laser technology. The market for laser equipment and laser processing has been adversely affected by a number of factors such as...
Feb 14
HTC to Focus on Cheaper Smartphones to Turn Around Declining Profits
HTC Corporation, the Taiwanese smartphone and tablet maker said that the company’s launch of new lines of mid-tier handsets will help it return to net profit in 2014. The company predicts that lower-priced products can help it to regain mark...
Feb 14
Sale of Luxury Goods Decline in spite of boom in China's New Year Market
The Ministry of Commerce (MOC) said that China’s consumer market boomed during the first few days of the Lunar New Year holiday despite declining sales of luxury gifts.The MOC said that in the first four days of the week-long Spr...
Feb 14
China's Budget Hotel Industry Grows with Boost in Tourism
To meet the demands of the growing business travel market, the budget hotel industry in China has been expanding at a rapid rate. The budget hotel industry in China started late as compared to most developed nations. However, the industry is fast ...
Feb 14
Nestle Evaluating Possible Sale of Davigel Frozen Food Unit
As a part of its drive to streamline its extensive and sprawling portfolio, Nestle, the Swiss multinational food company is exploring a possible sale of its frozen foods business Davigel for around $400 million (300 million euros).The ...
Feb 14
Prospect of Corn Deep Processing Industry in China
The corn deep processing industry in China has seen rapid growth in recent years primarily due to robust growth in the output of corn starch. There are many products that are made by deep processing corn which includes corn oil, glutamic acid, cor...
Jan 14
Challenges in the Chinese Sportswear Industry
The sportswear market in China had seen tremendous growth over the past few years. Many international events like the 2010 Asian Games in Guangzhou and 2011 Universiade in Shenzhen were hosted in China, giving a boost to the sportswear industry in...
Jan 14
Future of Synthetic Rubber Industry in China
China is one of the major producers of synthetic rubber in the world and in the future the industry is expected to grow significantly. Synthetic rubber is a kind of polymer which is made from polymerization of petroleum by-products. Synthetic rubb...
Jan 14
Prospect of the Leather Shoe Industry in China
The leather shoe industry in China has seen declining growth in recent years with the economic slowdown. Factors such as increase in labor cost, price hike of raw materials and volatility in exchange rate is contributing to the decline in the leat...
Jan 14
What is happening in the OTC Drugs Market in China?
The OTC drug market in China has been growing steadily in the past decade and it has potential to grow in the future. OTC drugs are non prescriptive medications that are easily available in pharmacies. The over-the-counter drug market is one of th...
Jan 14
Market for Sanitary Ware in China worth 171.6 Billion Yuan by 2017
In recent years, China’s sanitary ware industry has grown rapidly primarily due to an increased demand for housing. In 2007, the sanitary ware market in China was valued at around 44.1 billion yuan. In 2012, the market was valued at around 9...
Jan 14
Future of China's Dental Industry
Although the dental market in China is still at a nascent stage compared to most developed nations, the industry has witnessed rapid growth in recent years. With growing awareness about dental care and oral hygiene and rise in disposable income, t...
Jan 14
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