Acquisitions

PH F&B company Fruitas ventures into healthcare

Famous fruit shake shop Fruitas has inked a deal to acquire 100% shares of Surehealth.

Carousell acquires sneakers-streetwear marketplace Ox Street

This move is in line with its goal to accelerate recommerce growth in SEA.

KKR buys stake in India’s Vini Cosmetics for $625m

The beauty brand has 700,000 points of sales in the country.

Naver backs out of eBay Korea acquisition bid

This leaves Shinsegae as the sole bidder for the e-commerce firm.