Volume No.9 | 10/16/2017
Fosun News
Frost & Sullivan Awarded Fosun International’s FONOVA “Excellence in Innovation in AI Big Data Market”

Frost & Sullivan, a well-known global growth consulting organization, awarded “Excellence in Innovation in AI Big Data Market” to FONOVA, Fosun’s specialty technology and innovation subsidiary.

Gland Pharma to Leverage Fosun’s Strengths for Growth

Gland Pharma aims to double its injectables capacity in the next two to three years before going public, a top company executive said a day after Chinese drugmaker Fosun Pharma said it acquired 74 per cent stake in the Hyderabad-based firm.

Fosun Family
Fosun and Hauck & Aufhäuser Participate in the Third CEIBS Europe Forum 2017 in Munich

On September 13, the China European Business School (CEIBS), one of the most prestigious universities in China, hosted the 3rd Europe Forum 2017. Various experts from companies, such as Fosun or Hauck & Aufhäuser were invited to report on their very own experiences with takeovers in Germany.

Club Med Announces a New Resort Slated to Open in Sri Lanka in 2019

Club Med, the pioneer of the Premium All-Inclusive holiday concept, has announced its plans to open Club Med Ceylon, it’s first resort in Sri Lanka. The all-inclusive resort is scheduled to open in August 2019.

Thomas Cook Moves into Hotel Ownership

Thomas Cook has announced plans to follow fellow tour operator TUI Group into hotel ownership, creating a joint hotel investment platform with Swiss investment group  LMEY .

The pair agreed to contribute at least five hotels with a value of £150 million.

China Insight Out
China Takes Half of World's Top 10 Venture Capital Deals in Q3

China recorded robust venture capital activity in the third quarter, with the country taking half of the world's ten largest venture capital deals during the period. Artificial intelligence (AI) was a leading sector for deal making.

Consumer Barometer
Consumer Sentiment Around the World: Trending Upward

More consumers across the globe are enjoying a sense of financial stability. In a recent global survey, fewer consumers said they were delaying purchases, cutting back on spending, and feeling uncertain about the economy.

GloCal 2.0
How Top Brands Localize Global Marketing Campaigns

As the global middle class grows from 1.8 billion to 5 billion by 2030, a brand’s moment in the world spotlight will increasingly be as close by as one particularly good or bad tweet. Brands are thinking more and more about international reach and consistency.

Fosun Times is the bi-weekly publication of Fosun Group. Founded in Shanghai, Fosun has a finger on China’s pulse with a extraordinary understanding of global business trends, and the evolving changes of the middle class consumers. Fosun Times features selective business stories in the world’s new economy, glocal competition, the artistic anecdotes from different local market around the world. 
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