Wanda

China's Wanda buys sports group Infront for 1.05 bn euros: firms

China's Wanda Group has agreed to buy Infront - the Swiss sports marketing group headed by Sepp Blatter`s nephew and which holds some broadcasting rights to the World Cup - for 1.05 billion euros (USD 1.2 billion), the two firms said Tuesday.

Feb 10, 2015, 09:31 AM IST

China's Wanda in USD $800 million e-commerce JV to challenge Alibaba

China's biggest property developer Wanda Group said it will set up an e-commerce venture at a cost of over USD 800 million with two other Internet giants, Baidu and Tencent, in a challenge to industry leader Alibaba Group ahead of its debut in the US stock market.

Aug 29, 2014, 20:57 PM IST