Philippines evacuates 100,000 people as Fung-wong intensifies into super typhoonPhilippines is bracing for Super Typhoon Fung-wong. Over 100,000 people are being evacuated from eastern and northern regions. The storm is...
Ex-TikTok gaming head Jason Fung to launch blockchain games startupThe 34-year-old left TikTok last month after two years with the firm, and his exit comes as TikTok and its Chinese owner ByteDance have bee...
Why China's 'world's low-cost factory' status is under threatA growing number of global firms are pivoting production out of China in reaction to the trade war.
US-China trade war opened window of opportunity for India: Victor FungFung told ET that as the US-China trade war refuses to abate despite talks of a truce, China is facing higher import duties on exports to t...
ShopX raises $35 million from Fung to fuel expansion plansThe Indian B2B retail industry is estimated at over $100 billion, and with negligible online penetration, it offers good opportunity for pl...
Inside the red-hot equity fund: What it takes to pick winnersIn the small-cap space, the first thing that comes to investors’ minds is corporate governance.
Global travel search engine Kayak enters IndiaThe company has aggressive plans to promote the company in India with both through the digital as well as the traditional media.
Private equity firm SSG Capital buys 40% stake in Kishore Biyani's Future Supply ChainPrivate equity firm SSG Capital Management has picked up a 40% stake in Kishore Biyani-promoted Future Supply Chain Solutions from existing...
Now play games on ViberMobile communications firm Viber Thursday launched Viber Games worldwide in partnership with leading game developers.
- Harinder Pal Sandhu wins gold in men's squash at Beach Games
Apart from Sandhu, India got two more bronze medals in Kush Kumar (men's singles) and Aparajitha Balamurukan (women's singles).
Retail baron Kishore Biyani ties up with Hong Kong’s Li & Fung to float wholesale JVBiyani confirmed the development and said the venture will open its first cash-and carry store in Bangalore in the next three months.
- Bill Gates invests in chewing gum, chocolate to combat malaria
Bill Gates believes chewing gum and chocolate could become the next tool to combat malaria.
- Hong Kong co acquires 26% in Future Logistics
Hong Kong-based Li & Fung Group, a global supply chain manager picked up more than 26% stake in Future Group’s logistics arm Future Logisti...
- Arcandor owes $70 mn to Indian exporters
Almost a week after German company Arcandor, that owns the retailing giant Karstadt, filed for bankruptcy, the extent of loss inflicted upo...
- China's Li & Fung considering India's retail sector
Chinese conglomerate Li & Fung Group today said it is studying India's logistics and retail sectors to expand its presence in the country.
- HK co scripts a passage to India
Hong Kong-based Li and Fung is headed for India as it plans to shift its focus from China due to labour cost advantage of the former.
- China's Li & Fung to expand in India, source talent
Chinese consumer products trading firm Li & Fung Group will ramp up its India operations over the next three years by hiring more people an...