Fosun

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Fosun - Total results - 7
Premier League: Wolves sign Portuguese forward Fabio Silva from FC Porto for club record $47 million fee
Sports

Premier League: Wolves sign Portuguese forward Fabio Silva from FC Porto for club record $47 million fee

Silva becomes the 10th Portuguese player in Wolves' squad due to close links between Portuguese super agent Jorge Mendes and the club's Chinese owners Fosun.

Thomas Cook to retain its name; Chinese conglomerate Fosun buys brand for 11 mn pounds
Business

Thomas Cook to retain its name; Chinese conglomerate Fosun buys brand for 11 mn pounds

The 178 year-old Thomas Cook had struggled against fierce online competition for some time and blamed Brexit uncertainty for a drop in bookings before its collapse

Thomas Cook files for bankruptcy: Lakhs of travellers stranded, thousands laid off as 178-year-old travel agency collapses
World

Thomas Cook files for bankruptcy: Lakhs of travellers stranded, thousands laid off as 178-year-old travel agency collapses

Families stranded, honeymoons and vacations cancelled, thousands of workers laid off due to the sudden collapse of British tour company Thomas Cook

UK travel firm Thomas Cook collapses after failing to reach last-ditch rescue deal; over 1 lakh tourists stranded, 22,000 jobs cut
Business

UK travel firm Thomas Cook collapses after failing to reach last-ditch rescue deal; over 1 lakh tourists stranded, 22,000 jobs cut

Thomas Cook, the 178-year-old operator, had been desperately seeking 200 million pounds ($250 million, 227 million euros) from private investors to save it from collapse.

Tour operator Thomas Cook seeks $250 mn extra funding from UK govt to avoid collapse, stay afloat
Business

Tour operator Thomas Cook seeks $250 mn extra funding from UK govt to avoid collapse, stay afloat

If Thomas Cook goes under, Britain's Civil Aviation Authority would likely be ordered to launch a major repatriation operation to fly stranded vacationer home

Logistics firm Delhivery raises $413 million in funding round led by SoftBank Vision Fund
Business

Logistics firm Delhivery raises $413 million in funding round led by SoftBank Vision Fund

Carlyle and Fosun, both existing investors in Delhivery, have also participated in this round of financing, the company said in a statement.

Alibaba takes control of Cainiao; pledges to spend $15 billion to build a global logistics network
News & Analysis

Alibaba takes control of Cainiao; pledges to spend $15 billion to build a global logistics network

Alibaba, which will gain an extra seat on Cainiao’s board, added that more shares were issued in the funding round to other investors.