Deals

Alibaba branding, the e-commerce group bidding $1.5 billion for grocery delivery firm Pupu

Alibaba Bids $1.5 Billion for Pupu as China’s Delivery War Becomes a Buying War

Alibaba offered $1.5 billion for Pupu, the Fujian grocer that delivers in 30 minutes on $4.2 billion of annual revenue, more than doubling a rival bid weeks after Meituan bought Dingdong Fresh.

June 12, 2026

by Economy Desk

Onitsuka Tiger storefront in the Shinsaibashi shopping district of Osaka, Japan

Asics Sets Its Tiger Free: Onitsuka, the 38% Margin Brand, Becomes Its Own Company

Asics will spin off Onitsuka Tiger into a standalone subsidiary from January 1, separating its fastest-growing, highest-margin brand after sales jumped 43 percent to $851 million. Shares rose, because the market read what a 38 percent margin business standing alone

June 10, 2026

by Economy Desk

A Boots pharmacy store on the High Street in Cheltenham, part of the 1,800-store chain drawing a 10 billion dollar Australian bid

Boots, Stripped From Walgreens a Year Ago, Draws a $10 Billion Australian Bid

Sigma Healthcare, the Australian owner of Chemist Warehouse, confirmed preliminary talks to buy Boots in a

Shibuya Crossing in Tokyo, overlooked by one of Starbucks Japan's most famous stores, as the company weighs a stake sale

Starbucks Eyes a Stake Sale or IPO for Japan, Its Next Retreat From Owning Asia

Starbucks has held preliminary talks with banks about a stake sale or IPO for its Japan

Deals

Alibaba Bids $1.5 Billion for Pupu as China’s Delivery War Becomes a Buying War

Asics Sets Its Tiger Free: Onitsuka, the 38% Margin Brand, Becomes Its Own Company

Boots, Stripped From Walgreens a Year Ago, Draws a $10 Billion Australian Bid

Starbucks Eyes a Stake Sale or IPO for Japan, Its Next Retreat From Owning Asia

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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