Business
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KFit Acquires Groupon Malaysia To Expand Beyond Fitness Into Local Services
After purchasing Groupon Indonesia in August, KFit Group now acquires the company’s Malaysian operation as it pivot to become a full-fledged online-to-offline (O2O) platform.
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Phillipines Jollibee Completes Buyout Of Happy Bee In China
Philippines‘ Jollibee buys out partner stake in China-based food Joint Venture Happy Bee for US$10.4 million.
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China’s Ctrip.com To Buy Out Skyscanner In US$1.74 Billion Deal
China’s largest travel site, Ctrip to buy Skyscanner with deal valuing the British travel-search company at US$1.74 billion,
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Malaysia’s MaGIC, Uber, And Digi Initiate Ideation Lab – ASEAN’s Next Great Idea To Groom Selected Startups
Malaysia’s MaGIC, Uber and Digi have launched a six-day program for the top 20 shortlisted startups to learn how to develop key aspects of their future business.
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China’s HTC Places US$1.5 Billion Investment Fund In Research Center For Virtual Reality
HTC Corp recently signed a strategic partnership with Shenzhen municipal government in China, creating a RMB10 billion (about US$1.5 billion) investment fund, and a research center to boost virtual reality developments.
