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Alibaba Rival JD.com Launches Crowdfunding Site for Startups in China
China’s largest e-commerce companies are eager to leverage their millions of users and hoards of data for new projects. For example, Alibaba’s other businesses include healthcare management, financial services, and cloud data. Now JD.com, its smaller but still formidable rival, is branching out into crowdfunding for startups.
- Categories
- Investing
- Region
- South Asia
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The US Is Warming Up to China’s Big New Development Bank
Washington appears to have softened its stance towards the new Beijing-led Asian Infrastructure Investment Bank, backing down from its earlier resistance and saying it is now ready to welcome the institution.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- impact investing
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India to Add More AIDS, TB Drugs to Essential Medicines List
India is likely to add more HIV/AIDS and tuberculosis drugs to its list of essential medicines that are subject to price caps, people directly involved in the process said, in a move to improve affordability of drugs to treat the deadly diseases.
- Categories
- Health Care
- Region
- South Asia
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India to Repackage State-Supplied Condoms in Bid to Attract Users
When it comes to the wrappers of India's state-supplied condoms, boring is out, attractive is in, but erotic is too much.
- Categories
- Health Care
- Region
- South Asia
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Press Release: Caspian Impact Investments Raises $20 Million in Financing From OPIC
Caspian Impact Investments (CII) today announced that it closed a debt financing commitment of $20 million from the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution.
- Categories
- Uncategorized
- Region
- South Asia
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Ali Health Pens Tie-Up for Online Health Testing Platform
Alibaba Group Holding Ltd's healthcare subsidiary will tie-up with Zhejiang DiAn Diagnostics Co Ltd to help develop an online hospital platform, the diagnostics firm said in a filing late on Monday.
- Categories
- Health Care, Technology
- Region
- South Asia
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In Myanmar, Microfinance Stagnates Due to Tough Rules
The domestic microfinance industry is being held back by a number of constraints on funding, preventing more small-scale loans from being disbursed, according to industry insiders.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- lending, microfinance, regulations
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New Chinese Bank Becomes Major Headache for U.S.
Another day, it seems, brings another new member to China's latest big international initiative: a new development bank for Asia.
- Categories
- Uncategorized
- Region
- South Asia
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