Acquisitive Chinese conglomerate Fosun International, which owns Club Med and Cirque du Soleil within its broad portfolio, said on Wednesday it aims to invest 20 billion yuan ($3.19 billion) in technology in the next three years.
Fosun Chief Executive Wang Qunbin was speaking after the company on Tuesday said full-year profit jumped 28.2 percent to a record high, its fastest growth in four years.
He added investment in technology is expected to reach 100 billion yuan in the next ten years.
