Expansion via franchising

Alibaba Group Holding Ltd, China's largest e-commerce firm, has set up a joint venture with Russian Direct Investment Fund, mobile operator Megafon and internet group Mail.ru. As part of deal, Alibaba will own 48% of AliExpress Russia. However, the other three companies will have a combined 52% stake in the e-commerce platform after contributing cash, ...

Da Milano has launched another store in Aerocity’s Worldmark 1, New Delhi. An affordable luxury leather accessories brand has started the first ever store in a corporate location. Covering mid to high-level price ranges, the collection at the newly opened store caters to corporates and tourists. The store provides a wide range of collection for ...

CrowdStrike Inc., the leader in cloud-delivered endpoint protection, has announced the expansion of its operations in the Asia Pacific and Japan (APJ) region with the opening of a new Innovation and Development Center in Pune, India. The company has also appointed Jagdish Mahapatra as managing director Asia (India, South East Asia and North Asia). The ...

Land Transportation Franchising and Regulatory Board (LTFRB) will open 10,000 slots for franchises of Transport Network Vehicle Service (TNVS) units on August 24. The move will help to address the problems of slow bookings and higher fares, which the TNCs attributed to the lack of drivers. Martin Delgra, LTFRB’s Chairman, said, “they hoped to fill ...

BirdsiVideo has signed a marketing agreement with Imogen Mann to expand BirdsiVideo brand in the U.K. The agreement consists business development activities intended to bring BirdsiVideo drone franchise to the U.K. and ultimately to the larger European market. A British lawyer, former airline business development executive, licensed private pilot and agricultural expert, Mann has more ...