Fosun International

The Latest

  • Fosun Buying Controlling Stake In Baijiu Maker Shede Spirits For $694 Million
    Fosun
    Fosun Group bought a 30% stake in winemaker Jinhui Liquor for $262 million in July last year.
  • Fosun Tourism Plans To Bring Thomas Cook Brand Back To Life In UK
    Thomas Cook
    Fosun Tourism is reportedly planning to introduce a brand new online travel booking platform under the Thomas Cook brand in the UK.
  • CHINA BRIEFING: Luckin Board Faces More Churn; Wanda Media Loses $224 Million In H1
    Luckin Coffee
    Two newly appointed members of Luckin's board have already resigned from the fraud-wracked company.
  • Fosun International To Sell Stake In Cainiao To Alibaba For $1.3 Billion
    Fosun International
    Fosun is set to sell its 6.7 percent stake in logistics firm Cainiao, which it bought for $70 million in 2013, to Alibaba Group Holding for $1.3 billion.
  • 300 Million Skiers Before 2022 Winter Olympics To Help Ski Resort
    France-Headquartered Resort Banking On Beijing Hosting Winter Olympics
    Holiday resort Club Med counts on President Xi’s goal of 300 million skiers before 2022 Winter Olympics for growth.
  • Fosun Unable To Save Thomas Cook From Collapse
    Banklrupt
    Thomas Cook, one of the world's leading travel agencies, has gone bankrupt and sought financial aid from Fosun International to prevent this.