Robyn Mak joined Reuters Breakingviews in 2013. Previously, she was a Research Associate for the Global Policy Programs at the Asia Society in New York where she focused on US-Iran relations, US-Myanmar relations and sustainability issues in Asia. She has also worked as a researcher at the Carnegie Endowment for International Peace in Washington DC and interned at several consulting firms, including the Albright Stonebridge Group. She holds a masters degree in international economics and international relations from the Johns Hopkins School of Advanced International Studies and is a magna cum laude graduate of New York University.
The e-commerce giant's fintech stake might be crystallised soon at some $80 bln. A promising cloud computing business could be worth more, but investors ascribe hardly any value to it. Better financial disclosure would help narrow a discount CFO Maggie Wu keeps griping about.
The South Korean semiconductor giant will buy Intel's NAND memory business in its largest acquisition ever. Less competition might prop up prices, which have plunged on uncertain demand. In the long term, a beefed-up SK stands a better chance against Chinese entrants.
The Chinese e-commerce giant is buying out its French partner in supermarket chain Sun Art, for $3.6 bln. A mere 2% premium suggests an eager retreat for the seller. Given Alibaba’s brick-and-mortar ambitions, minority shareholders have less reason to settle for a discount price.