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JD Sports expands into the Middle East

The sports retail giant has announced the opening of a new store at Bahrain’s beachfront shopping destination, Marassi Galleria Mall. Under terms of the agreement, franchise partner GMG will open around 50 stores under the JD fascia by 2028.

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China’s Zeekr targets $5.13bn valuation

Electric vehicle maker Zeekr has said that it is eyeing a valuation of up to $5.13bn in it US IPO. The IPO will be the first major floatation of a China-based company in more than two years.

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