Tags: Expansion

Huawei set to continue European expansion plans

Despite allegations of anticompetitive behavior, Huawei continued with expansion plans to Europe. Huawei, Chinese telecommunications equipment manufacturer, had laid out plans to create 5,500 jobs in Europe within five years.


ZTE Corp seeking to expand cloud services in China

In a bid to increase its contribution to ZTE's overall revenues, the cloud computing and IT productions operations of the firm had laid out plans to expand cloud computing in China.

Walgreens expands healthcare services, purchases additional drugstores

In addition to its recent partnership with lab testing company Theranos Inc, Walgreens Co purchased drugstore chain Kerr Drug for an undisclosed amount in preparation to the launch of the US's Affordable Care Act.

Cisco to expand in security services market with new business unit

Cisco Systems, Inc has opened a new business unit called Services Security Practice to expand in the security business market with tech industry veteran Bryan Palma as the unit's general manager.


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Vaultize's expansion into the Mumbai area is a step towards achieving its regional and domestic plans.
Air India Express had announced it was looking at domestic expansion to be able to compete with three current budget airlines dominating India by the end of the year.
Taulia raised USD18 million in Series C funding led by Germany's Klaus Hommels among others. In a bid to expand to Europe and develop products and personnel, the company had raise USD18 million in Series C funding.
L'Oreal's planned expansion into China's beauty markets had been burdened with complications as the country mandates animal testing for every new product introduced to Chinese consumers.
Lupin Ltd is set to expand its portfolio through strategic acquisitions and new product lines. Lupin Ltd, the pharmaceutical firm, is in the process of expanding its branded portfolio through the launch of pharmaceutical products.
Su-Kam Power Systems had agreed to expand into other businesses. Su-Kam Power Systems, an energy solutions provider, had sought the approval of its investors namely Reliance Group and Temasek Holding on expanding its solar business unit.
Generator Hostel is on acquisition spree backed by Patron Capital. The award winning urban design hostels group, Generator, had announced the acquisition of two further locations in both Paris and Rome.
Spotify's revenues in 2012 grew more than twice as much after expansion. Spotify's revenues in 2013 more than doubled to Eur435 million or US$577 million from last year.
Wexpro Company enters into a US $106.4 million definitive agreement in its efforts to further its interest in gas-producing properties.
Russian billionaire Vladimir Evtushenkov said he is considering takeover targets to expand his business abroad.
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