Banking/Financial Service
Ping An Voyager Fund Leads Investment in PlusDental to Enhance Modern Dentistry in Europe
HONG KONG and SHANGHAI, May 29, 2020 /PRNewswire/ -- Ping An Insurance (Group) Company ofChina, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) is delighted to announce that its fintech and healthtech investment arm Ping An Global Voyager Fund has invested in digital dentistry pl...
GoBear accelerates its transformation to become Asia's leading financial services platform with US$17M fundraise
* The fresh injection of capital marks GoBear's fifth fundraise to date. * The round came from GoBear's long-term investors: Walvis Participaties, a Dutch venture capital firm and Aegon N.V., one of the world's leading providers of life insurance, pensions and asset management. * This strate...
FICO Survey: Malaysian Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and Canadians
23 percent of Malaysians prefer to open a bank account on their phone compared
to 18 percent in the US and 16 percent inCanada
KUALA LUMPUR, Malaysia, May 29, 2020 /PRNewswire/ --
Endofotonics Raises S$12 million in Series B Funding for the Commercialization of its AI Powered Medical Device to Support Clinicians in the Real Time Detection of Early Stomach Cancer
SINGAPORE, May 29, 2020 /PRNewswire/ -- Endofotonics
China Finance Online Reports Fourth Quarter and Full Year 2019 Unaudited Financial Results
BEIJING, May 28, 2020 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading ...
Rochester Group Gets Record 7.2 Bn EUR Traction With Its Latest Spin-Off
Rochester Group Gets Record 7.2 Bn EUR Traction in Spinning Its Banking, Insurance and International Trade Lines Into One Offering. LONDON, May 28, 2020 /PRNewswire/ -- The Rochester Group™ ( www.rochestergroup.eu) announces an unprecedented success and all-time-high for the group by spinning-off...
China Finance Online to Report Fourth Quarter and Full Year 2019 Unaudited Financial Results on May 28, 2020
BEIJING, May 28, 2020 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading,...
Labuan IBFC Market Performance for 2019: 30 Years of Intermediating Asia - Embracing Business Innovation & Digitalisation
* The banking and insurance market's profitability grew by 26.9% and 43.7% * More than 55% international businesses in banking and insurance * 28 new licences approved for digital financial services business * More jobs creation; boosting industry total workforce to more than 6,000 LA...
Wanda Sports Group to Report First Quarter 2020 Financial Results on June 9, 2020
BEIJING, May 28, 2020 /PRNewswire/ -- Wanda Sports Group Company Limited (the "Company" or "Wanda Sports Group") (NASDAQ: WSG), a leading global sports events, media and marketing platform, announced today that it will report its first quarter 2020 unaudited financial results before the U.S. mark...
BEST Inc. Announces Agreement to Raise US$150 Million to Support Continued Growth
HANGZHOU, China, May 28, 2020 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina, today announced that it has signed a definitive agreement with Alibaba.com Hong Kong Limited (the "Investor"),...
Hexindai Launches Social e-Commerce Platform Xiaobai Maimai
BEIJING, May 28, 2020 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace inChina, today announced that it has launched Xiaobai Maimai, a membership-based social e-commerce mobile platform offering high-quality and affordable brand...
Abridge Initiates Coverage on V1 Group with a "Buy" Rating and HK$0.29 Price Target
HONG KONG, May 28, 2020 /PRNewswire/ -- Abridge Enterprises Company Limited ("Abridge"), a professional investment advisory and asset management company has initiated coverage ofV1 Group Limited ("V1 Group" or the "Company", together with its subsidiaries, the "Group"; stock code: 00082.HK), with...
X Financial Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price
SHENZHEN, China, May 28, 2020 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading technology-driven personal finance company inChina ,, today announced that it has received a letter from the New York Stock Exchange (the "NYSE") datedApril 28, 2020, notifying X Financial that...
Analytic Partners Report: Cutting Ad Spend Guarantees Losses in a Recession
NEW YORK, May 28, 2020 /PRNewswire/ -- A brand that reduces its media spend in 2020 by$50 million will, on average, stand to lose $130 million in revenue in 2020 alone, and when factoring in the long-term implications of this reduction, the number increases to well over$300 million. That's accor...
Danke Provides Best-in-Class Cleaning Services to Help Keep Residents Healthy amid COVID-19
BEIJING, May 28, 2020 /PRNewswire/ -- Phoenix Tree Holdings Limited ("Danke" or the "Company") (NYSE: DNK), one of the largest co-living platforms inChina with the fastest growth, is providing best-in-class cleaning services to help residents stay healthy amid the global COVID-19 pandemic, part o...
After Capturing a Record US$2.4 Billion in 2019 AI Investments, Healthcare AI Startups Set for Stardom in the Post-COVID-19 World
SINGAPORE, May 28, 2020 /PRNewswire/ -- In 2019, the United States led in Artificial Intelligence (AI) venture capital investment, with 220 deals and a total ofUS$16 billion. China remained a distant second with 24 deals and US$3.6 billion. Overall, global tech market advisory firm, ABI Research,...
Jupai Reports First Quarter 2020 Results
SHANGHAI, May 28, 2020 /PRNewswire/ -- Jupai Holdings Limited ("Jupai" or the "Company") (NYSE: JP), a leading third-party wealth management service provider, focusing on distributing wealth management products and providing quality product advisory services to high-net-worth individuals inChina,...
AmCham Singapore Announces the Election of Ms. Lisa Liaw as Chair of the Board of Governors
SINGAPORE, May 28, 2020 /PRNewswire/ -- The American Chamber of Commerce in Singapore (AmCham Singapore) is pleased to announce the election of Lisa Liaw as Chair of the Board of Governors. Ms. Liaw assumed her role onMay 11, 2020 and is the first woman chair of AmCham Singapore in more than 10 y...
IntegriCulture Inc. Closes Series A Fundraising Round Led by Beyond Next Ventures at JPY800 Million
TOKYO, May 28, 2020 /PRNewswire/ -- IntegriCulture Inc. has completed a Series A fundraising round ofJPY800 million (USD7.4 million) backed by Beyond Next Ventures, NH Foods, AgFunder and other investors. The cumulative amount raised stands aboutJPY1.1 billion (USD10.2 million). (Logo: https://...
Introducing Apiflex, Apigate's Partner Bundling Platform for Customer Acquisition and Retention
KUALA LUMPUR, Malaysia, May 28, 2020 /PRNewswire/ -- Apigate, a trusted
provider to Telco Operators and Digital Merchants for reach, acquisition and
monetisation, today announced the launch of its new dynamic content bundling
platform "Apiflex".
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