Latest News on Fosun
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Fosun - Total results - 6
Nov 03, 2019
Thomas Cook to retain its name; Chinese conglomerate Fosun buys brand for 11 mn poundsThe 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
Sep 24, 2019
Thomas Cook files for bankruptcy: Lakhs of travellers stranded, thousands laid off as 178-year-old travel agency collapsesFamilies stranded, honeymoons and vacations cancelled, thousands of workers laid off due to the sudden collapse of British tour company Thomas Cook
Sep 23, 2019
UK travel firm Thomas Cook collapses after failing to reach last-ditch rescue deal; over 1 lakh tourists stranded, 22,000 jobs cutThomas 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.
Sep 21, 2019
Tour operator Thomas Cook seeks $250 mn extra funding from UK govt to avoid collapse, stay afloatIf Thomas Cook goes under, Britain's Civil Aviation Authority would likely be ordered to launch a major repatriation operation to fly stranded vacationer home
Mar 25, 2019
Logistics firm Delhivery raises $413 million in funding round led by SoftBank Vision FundCarlyle and Fosun, both existing investors in Delhivery, have also participated in this round of financing, the company said in a statement.
Sep 26, 2017
Alibaba takes control of Cainiao; pledges to spend $15 billion to build a global logistics networkAlibaba, which will gain an extra seat on Cainiao’s board, added that more shares were issued in the funding round to other investors.