DEALS
The JV will work with Alibaba to expand Gmarket, an online shopping platform of billionaire Chung Yong-jin’s Shinsegae.
Indonesia’s 50 Richest
Despite concerns over the weak purchasing power of its middle class, resource-rich Indonesia is targeting 8% economic growth, up from the estimated 5.1% expected this year, under its new president Prabowo Subianto, who took office in October.
QUOTE OF THE DAY
“I caught some lucky breaks along the way. But I’d also say the harder I worked, the luckier I got.”