Joint Venture news and trends

Meet Haven, Amazon’s Shared Healthcare Initiative
Amazon // March 07, 2019

Amazon, J.P. Morgan and Berkshire Hathaway have finally revealed the name for their joint healthcare initiative: “Haven.” “We want to change the way people experience healthcare so that it is simpler, better and lower cost,” Dr. Atul Gawande, Haven’s CEO, said in a statement on...

China Puts Visa, Mastercard Applications On Hold
International // January 14, 2019

China’s central bank has yet to acknowledge applications submitted by Visa and Mastercard that would allow the companies to process renminbi payments. Citing sources familiar with the matter, Financial Times (FT) reported that while Visa and Mastercard submitted their applications to the People’s Bank of China...

Walmart Teams With Eko To Develop Content
Retail // October 12, 2018

To drive customer engagement and bring in shoppers, Walmart has teamed up with video content developer Eko for a joint venture dubbed W*E Interactive Ventures. The two companies will develop content such as cooking shows and toy catalogs, Reuters reported. Walmart reportedly plans to invest...

Amazon, Berkshire, JPMorgan Healthcare Venture Finds A CEO
Personnel // June 21, 2018

Well-regarded surgeon and author Atul Gawande has been named CEO of the new healthcare company formed by Amazon, Berkshire Hathaway and JPMorgan Chase. Earlier this year, the three companies announced they are working on ways to address healthcare for their U.S. employees, focusing on reducing...

Quick Reads
Russian eCommerce Giant, MegaFon, Alibaba Team For New Venture

June 05, 2019
Russian eCommerce giant Mail.ru, mobile company MegaFon and Alibaba have announced a joint partnership for a new venture called AliExpress Russia JV, according to reports. The new operation will cater to Russia and the surrounding countries of the Commonwealth of Independent States (CIS). It’s estimated to be worth about $2 billion. “This partnership will enable the […]

Meet Haven, Amazon’s Shared Healthcare Initiative

March 07, 2019
Amazon, J.P. Morgan and Berkshire Hathaway have finally revealed the name for their joint healthcare initiative: “Haven.” “We want to change the way people experience healthcare so that it is...

China Puts Visa, Mastercard Applications On Hold

January 14, 2019
China’s central bank has yet to acknowledge applications submitted by Visa and Mastercard that would allow the companies to process renminbi payments. Citing sources familiar with the matter, Financial Times (FT)...

Walmart Teams With Eko To Develop Content

October 12, 2018
To drive customer engagement and bring in shoppers, Walmart has teamed up with video content developer Eko for a joint venture dubbed W*E Interactive Ventures. The two companies will develop...