Secoo forms strategic offline alliance amid Chinese luxury market revival

Secoo official forms alliance amid Chinese luxury market revival with Parkson Retail Group. Beijing, China – January 24, 2018 — Secoo Holding Limited, China’s largest premium e-commerce platform, signed a strategic collaboration contract with Parkson Retail Group, a leading international department store also operating in China. The two’s alliance will expand the NASDAQ-listed company’s offline … Read more

Creador-backed RedCap Pharmacy forms merger with BIG Pharmacy

8/2/2018 – Creador-owned Malaysian retail pharmacy chain RedCap Pharmacy has on Tuesday announced that it is merging with local pharma retailer BIG Pharmacy. Creador’s founder and chief executive Brahmal Vasudevan confirmed the deal and noted that the PE firm has a significant minority position in the combined entity. He, however, did not disclose the financial … Read more