Capital Archives - Pinfaves

China’s tech services are a top investment pick amid decoupling with the US, says CITIC Capital CEO

January 22, 2020January 22, 2020 Loknath Dasa, Amid, Are, Capital, China's, CITIC, decoupling, investment, pick, Says, Services, Tech, The, Top, US, With

Consumption, healthcare and technology are three sector picks for investing in China, said CITIC Capital’s top executive on Tuesday. “For us, the top priority … is still on consumption, because it’s still growing at a higher rate than GDP growth,” said Zhang Yichen, chairman and CEO at CITIC Capital, the flagship investment arm of Chinese state-owned conglomerate CITIC Group. China’s GDP growth was 6.1%, down from 6.6% in 2018 as the economy took a hit from its bitter trade war with the U.S. Speaking to CNBC at the World Economic Forum in Davos, Switzerland, Zhang said health care is…

Dream11 enters unicorn club with investment from Steadview Capital

April 10, 2019 Loknath DasCapital, club, Dream11, Enters, From, investment, Steadview, unicorn, With

New Delhi: Dream11, online gaming firm, on Tuesday announced the completion of a secondary investment by Steadview Capital, an Asia-focused alternative asset manager. The investment takes Dream11’s valuation at over $1 billion making it first Indian gaming company to enter the Unicornclub. “We are excited to welcome Steadview Capital on board. Our exponential growth over the past few years would not have been possible without the support and trust of our investors and Dreamsters (employees). Providing great returns to our shareholders, whether investors or Dreamsters, is very important to us and further…

Thiruvananthapuram Becomes Country’s ‘Breast Cancer Capital’

November 14, 2016 Srijitabecomes, Breast, Cancer, Capital, Country's, Thiruvananthapuram

Thiruvananthapuram has been termed as the country’s breast cancer capital, with cases at a record high of 40 per lakh of population. The revelation was made during the Kerala Chapter of Indian Radiological and Imaging Association (IRIA) Conference here last week. It noted that 50 per cent of breast cancer is occurring in the age group of under 50 years. Nine lakh women are diagnosed with breast cancer every year and it is the second most common malignancy next to cervical cancer. Speaking to IANS on Sunday, S.Pradeep, President of…

Uber Starts Motorbike Taxi Service in Indonesian Capital

April 14, 2016 SrijitaCapital, In, Indonesian, Motorbike, Service, Starts, Taxi, Uber

Ride-hailing app Uber on Wednesday launched a motorbike taxi service in the Indonesian capital where Southeast Asian rivals Go-Jek and Grab are already battling for dominance. Jakarta is one of the world’s most congested cities and motorbike taxis ordered from a smartphone app have exploded in popularity in the past 18 months as a way to beat the traffic. Uber said that its “UberMotor” service would provide cheap and reliable transportation for hundreds of thousands of people. The company used a local social media and YouTube star Arief Muhammad to…

Uber Starts Motorbike Taxi Service in Indonesian Capital

April 14, 2016 SrijitaCapital, In, Indonesian, Motorbike, Service, Starts, Taxi, Uber

Uber Starts Motorbike Taxi Service in Indonesian Capital

April 13, 2016 SrijitaCapital, In, Indonesian, Motorbike, Service, Starts, Taxi, Uber