StateInvestment

Chinese Social Media Rivals TikTok: Xiaohongshu Poised for State-Supported Investment

2 days ago

A significant shift in the Chinese social media landscape appears to be on the horizon as Xiaohongshu, a rapidly growing platform often referred to as a "TikTok alternative," is reportedly in discussions for a substantial state-backed investment. This news comes at a time when China's regulatory environment continues to evolve, particularly concerning tech companies and social media platforms.

South Africa's Attacq to Invest $1 Billion in Ambitious Waterfall City Expansion

3 months ago

Attacq Ltd., a prominent South African property development and investment firm, has revealed plans to channel a remarkable $1 billion into the expansion of its flagship project, Waterfall City. This multi-phase development is situated in Gauteng, the wealthiest province in South Africa, and aims to establish a modern urban hub that blends residential, commercial, and recreational spaces.

Negotiations Over ESR Takeover Strained by Complex Company Structure

4 months ago

In recent developments regarding the potential acquisition of ESR Group, negotiations have become protracted, largely due to the intricate financial and operational architecture of the company. Discussions are said to be ongoing as stakeholders weigh the implications of acquiring one of Asia’s biggest logistics port operators.