Fosun International
The Latest
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Fosun Buying Controlling Stake In Baijiu Maker Shede Spirits For $694 Million
Fosun Group bought a 30% stake in winemaker Jinhui Liquor for $262 million in July last year. 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
Fosun Tourism is reportedly planning to introduce a brand new online travel booking platform under the Thomas Cook brand in the UK. 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
Two newly appointed members of Luckin's board have already resigned from the fraud-wracked company. 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 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. 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
Holiday resort Club Med counts on President Xi’s goal of 300 million skiers before 2022 Winter Olympics for growth. 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
Thomas Cook, one of the world's leading travel agencies, has gone bankrupt and sought financial aid from Fosun International to prevent this. Thomas Cook, one of the world's leading travel agencies, has gone bankrupt and sought financial aid from Fosun International to prevent this.