Walmart to invest $250 million in joint venture with content firm Eko: source
Thursday, 11 October 2018 Walmart Inc has signed a joint venture with Eko, a developer of interactive video content, to attract shoppers and boost customer engagement, and will invest $250 million in the venture as well as a funding round, a source with direct knowledge of the matter told Reuters.
Automotive news reports BMW said it will take majority control of its main China joint venture for $4.2 billion, the first such move by a global automaker as Beijing starts to relax ownership rules for the world's biggest auto market. BMW will lift its stake in its venture with Brilliance China...
Private-equity firm Warburg Pincus and a Chinese partner plan to plow $1 billion into distressed properties in China’s megacities. Wall Street Journal - Asia-PacificAlso reported by •bizjournals •Proactive Investors •GlobeNewswire