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.
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
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
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.
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
Carlyle and Fosun, both existing investors in Delhivery, have also participated in this round of financing, the company said in a statement.
Alibaba, which will gain an extra seat on Cainiao’s board, added that more shares were issued in the funding round to other investors.