Financial Services

CICC Porsche Fund has completed its initial closing

BEIJING, June 7, 2024 /PRNewswire/ -- Recently, CICC Porsche (Shanghai) Venture Capital Investment Partnership (Limited Partnership) (hereinafter referred to as "CICC Porsche Fund") sponsored by CICC Private Equity Investment Management Co., Ltd. and the wholly-owned overseas entities of Dr. Ing....

2024-06-07 17:54 4928

Cheetah Mobile Announces First Quarter 2024 Unaudited Consolidated Financial Results

BEIJING, June 7, 2024 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a China-based IT company, today announced its unaudited consolidated financial results for the first quarter endedMarch 31, 2024. Management Commentary Mr. Sheng Fu, Cheetah Mobile's Chai...

2024-06-07 17:17 3588

Matthew Green joins Melbourne Capital Group to launch Global Citizenship and Residency team.

KUALA LUMPUR, Malaysia, June 7, 2024 /PRNewswire/ -- Melbourne Capital Group (MCG) has strengthened its offering to private clients by establishing a new Citizenship and Residency by Investment team. The team will be led byMatthew Green, Head of Global Citizenship and Residency, who joined MCG in...

2024-06-07 14:13 2369

Palo Alto Networks Invests in New Indonesian Cloud Location

New cloud location in Indonesia delivers best-in-class cloud-based cybersecurity platforms while supporting customers with their data residency needs JAKARTA, Indonesia, June 7, 2024 /PRNewswire/ -- Palo Alto Networks  (NASDAQ: PANW), the global cybersecurity ...

2024-06-07 11:00 4367

Big Tree Cloud and Plutonian Announce Closing of Business Combination

Big Tree Cloud's shares and warrants are expected to begin trading on Nasdaq under the tickers "DSY" and "DSYWW", respectively, onJune 7, 2024 SHENZHEN, China, June 6, 2024 /PRNewswire/ -- Big Tree Cloud International Group Limited ("Big Tree Cloud" or the "Company"), a company devoted to the de...

2024-06-07 04:15 2145

INSEAD names Mrs. Kristin Skogen Lund as new Chairperson of the Board of Directors

Mrs. Kristin Skogen Lund has been appointed Chairperson of the Board of Directors of INSEAD, to succeed Mr.Andreas Jacobs as of 1 September 2024. FONTAINEBLEAU, France, SINGAPORE and SAN FRANCISCO, June 6, 2024 /PRNewswire/ -- INSEAD, The Business School for the World, has appointed Mrs. Kristin ...

2024-06-07 01:00 2341

IMG Expands Partnership with Teladoc Health to Provide More Travelers with Telehealth Services

INDIANAPOLIS, June 6, 2024 /PRNewswire/ -- IMG (International Medical Group), an award-winning global insurance benefits and assistance services company, has announced an expansion of their partnership with Teladoc Health, the global leader in whole person virtual care. Service capabilities will ...

2024-06-06 21:00 2053

Nature's Miracle Announces Agreement with Traxon Technologies to Distribute OSRAM General Lighting Luminaires in the U.S.

~ Granted U.S. Distributor Rights of OSRAM branded General Lighting Luminaires for Horticulture Applications ~ ~ Company Diversifies Lighting Portfolio with Premium Osram LED Luminaire Line to Complement EfinityUSA's Mid-Range LED Line ~ ~ Sales to Commence in Third Quarter of 2024 ~ ONTARIO, C...

2024-06-06 20:30 3402

Xiao-I Partners with Global Leader in Health Technology to Enhance Knowledge Management with AI Solutions

SHANGHAI, June 6, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading AI company, announces a contract is secured from a renowned multinational conglomerate in the health technology sector base inChina. This contract is set to revolutionize knowledge mana...

2024-06-06 20:01 4055

Scienjoy Holding Corporation Reports Unaudited First Quarter 2024 Financial Results

BEIJING, June 6, 2024 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced its financial results for the first quarter endedMarch 31, 2024. First Quarter 2024 Operating and Finan...

2024-06-06 20:00 3939

Lexasure Financial Group and OneDegree Global Launching Digital-First Cyber Insurance Platform to Address Rising Cybersecurity Threats in South and Southeast Asia

GEORGETOWN, Cayman Islands, June 6, 2024 /PRNewswire/ -- Lexasure Financial Group Limited  ("Lexasure"), a provider of reinsurance, insurance, and insurtech solutions in South andSoutheast Asia, and OneDegree Global  ("ODG"), the technolo...

2024-06-06 20:00 2328

New tender for the sale of URSUS S.A.

WARSAW, Poland, June 6, 2024 /PRNewswire/ -- Ursus S.A. is a widely recognizable Polish brand operating on the market since 1893, famous for its production of tractors and agricultural machinery exported to 50 countries. The iconic C-325, which was an awarded and completely Polish design idea, ha...

2024-06-06 20:00 2001

Yiren Digital at Forefront of AI Transformation: Board Director Huang Jingsheng Addresses GenAI Summit San Francisco 2024

BEIJING, June 6, 2024 /PRNewswire/ -- When identifying a unicorn in the AI sector, consider this: focus on businesses with stable cash flow that can pivot to AI-powered innovations and have the potential to redefine their market categories. That's the approach highlighted by Mr. Huang Jingsheng, ...

2024-06-06 19:54 3829

Insgeek Champions Digital Transformation in Group Insurance at ITC Asia 2024

SINGAPORE, June 6, 2024 /PRNewswire/ -- Insgeek , a leading player in digital insurance, participated in theInsureTech Connect Asia 2024 (ITC Asia 2024) in Singapore. The event, held fromJune 4th to 6th in Singapore, convened insuran...

2024-06-06 18:42 3658

CNOOC Limited Made Major Discovery in Western South China Sea

HONG KONG, June 6, 2024 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that it has achieved a major exploration breakthrough in ultra-shallow gas play in ultra-deep water South China Sea. Lingshui 36-1 gas field is ...

2024-06-06 18:37 4118

Waterdrop Inc. Reports 2024 Q1 Revenue of RMB 704.7 Million, net profit rises 62.2% year-on-year, Sustaining Profitability for Nine Consecutive Quarters

BEIJING, June 6, 2024 /PRNewswire/ -- On June 5, Waterdrop Inc. (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, unveiled its unaudited financial results for the first quarter of 2024 endedMarch 31, 2024. During the quarter, ...

2024-06-06 18:07 4242

Alibaba.com Officially Launches Alibaba Guaranteed: Making Global Sourcing as Simple as Online Shopping

NEW YORK, June 6, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce and part of Alibaba International Digital Commerce Group, today announced the official launch of Alibaba Guaranteed to help simplify global sourcing and provide a more flexible ...

2024-06-06 18:00 3234

Work Hard, Play Hard : Gen Zers in Hainan Free Trade Port

BEIJING, June 6, 2024 /PRNewswire/ --  A news report from China Daily:   June 1, 2024, marks the 4th anniversary of the release of The Overall Plan for the Construction of Hainan Free Trade Port and the 3rd anniversary of the implementation of The Hainan Free Trade Port Law ofthe People's Republ...

2024-06-06 16:43 1414

A New Chapter Begins: GRP Successfully Completes Investment Partnership in its Structural Steel Business, Garuda Yamato Steel, with Yamato Kogyo, Hanwa and Siam Yamato Steel.

JAKARTA, Indonesia, June 6, 2024 /PRNewswire/ -- In a significant move signalling a new phase of growth and expansion, PT Gunung Raja Paksi Tbk ("GRP") and its affiliated company, PT Gunung Garuda ("GRD"), are pleased to announce the successful completion of the sale process involving a combined ...

2024-06-06 16:00 13374

Thai Prime Minister's Visit to Agoda Supports Thailand's Vision to Become Asia's Next Silicon Valley

SINGAPORE, June 6, 2024 /PRNewswire/ -- The Prime Minister of Thailand, H.E. Srettha Thavisin, visited Agoda's office inBangkok highlighting the shared vision between Agoda and the Royal Thai government to transformThailand into the new Silicon Valley ofAsia, leveraging the nation's vibrant tech ...

2024-06-06 16:00 3987