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Meituan-Dianping Raises $4 Billion in New Fundraising Round

2017-10-19 13:57 4352

Funding to Strengthen Company's Core Business Groups and Enable Continued Investment in AI-based Technology and Innovation to Lead Services Industry E-Commerce Transformation BEIJING, Oct. 19, 2017 /PRNewswire/ -- Meituan-Dianping, China's largest service-focused e-commerce platform, today anno...

VOCOlinc Brings New Smart Home Products to Global Sources' Mobile Electronics Trade Fair

2017-10-19 08:00 10105

HONG KONG, Oct. 19, 2017 /PRNewswire/ -- Leading home automation innovator VOCOlinc has made a high-profile debut at this year's Global Sources' Mobile Electronics Trade Fair (METF or "the Fair"), proudly presenting its new smart home products to the world.

On-Device Machine Learning Opportunity Sends Chipset Companies Searching for Gold at the End of the Rainbow

2017-10-18 21:03 3361

Over 34 Million Devices Now Using Artificial Intelligence Technologies; 2.7+ billion by 2022 OYSTER BAY, New York, Oct. 18, 2017 /PRNewswire/ -- On-device machine learning (ML), aka edge processing and/or edge learning, is the fastest growing segment of AI, according toABI Research, a leader in ...

China Internet Nationwide Financial Services Inc. Announces Changes to Its Board of Directors

2017-10-18 18:30 2052

BEIJING, Oct. 18, 2017 /PRNewswire/ -- China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS) ("CIFS" or the "Company"), a leading financial advisory services company, today announced changes to its Board of Directors (the "Board") with the appointment of Mr. Buting Yang as director of ...

2017 CEEMAN Annual Conference Successfully Held in Hangzhou by ZJUSOM

2017-10-18 09:36 1620

HANGZHOU, China, Oct. 18, 2017 /PRNewswire/ -- The 25th CEEMAN Annual Conference was co-organized and hosted by The School of Management,Zhejiang University inHangzhou, China recently. More than 150 participants from over 30 countries joined the event, including deans and directors from business ...

Beyond Ventures and Alibaba lead US$40 million investment in Prenetics

2017-10-18 06:00 4084

Large level of funding for the health technology start-up in Southeast Asia HONG KONG, Oct. 18, 2017 /PRNewswire/ -- Hong Kong-based venture capital fund Beyond Ventures and the Alibaba Hong Kong Entrepreneurs Fund have led aUS$40 million investment in Prenetics Limited ("Prenetics").   Other st...

WuXi AppTec Acquires ResearchPoint Global to Better Enable Clinical Development Worldwide

2017-10-18 05:30 1634

SHANGHAI and AUSTIN, Texas, Oct. 17, 2017 /PRNewswire/ -- WuXi AppTec, a leading global pharmaceutical, biotechnology and medical device open-access capability and technology platform, today announced that it has acquired ResearchPoint Global (RPG), a US-based contract research organization (CRO)...

SanKoBot Delivers the First VSLAM Technology System for Large Scale Production in the Market

2017-10-18 01:23 2572

- Upgrade the Robotics from Mobile Phone Era into Smartphone Era SAN FRANCISCO, Oct. 17, 2017 /PRNewswire/ -- SanKoBot, a tech startup based in Shanghai and Shenzhen, China with R&D divisions in Shenzhen, Singapore, Silicon Valley andIsrael, has released its ground-breaking robotics vision system ...

XCMG Achieves ex-China Growth of 84.83 Percent in First Half of 2017

2017-10-17 22:37 1979

XUZHOU, China, Oct. 17, 2017 /PRNewswire/ -- XCMG (SHE: 000425), the world's leading construction machinery manufacturer, has issued its semi-yearly report showing that the company has achieved revenue growth of 77.44 percent and seen its net profit increase 333.27 percent year-on-year. The bigg...

The 122nd Canton Fair Kicks Off in China

2017-10-17 21:42 4740

Number of Attendance Expected to Increase as Global Markets Recover GUANGZHOU, China, Oct. 17, 2017 /PRNewswire/ -- The 122nd Canton Fair ("the Fair"), the largest trade fair inChina, kicked off on Oct.15, with 60,466 exhibitors covering an area of 1,185,000 square meters (12.8 million square fe...

The Public Investment Fund to Establish Recycling Sector Company

2017-10-17 20:44 2628

RIYADH, Saudi Arabia, Oct. 17, 2017 /PRNewswire/ -- In line with objectives to preserve the environment and protect natural resources   The Public Investment Fund has announced its intention to establish The Saudi Recycling Company, a new waste management company to support and operate the Fun...

Business Travel in China Continues to Grow, as Chinese Companies Increasingly See Client-Facing Travel as a Key Revenue Driver

2017-10-17 20:08 5885

SHANGHAI, Oct. 17, 2017 /PRNewswire/ -- The CITS American Express Global Business Travel2017 China Business Travel Survey (the Barometer) has revealed that 31% of Chinese companies expect travel budgets to rise over the next twelve months. The figure reflects increasing business confidence, as on...

Style Research Expands in Asia Pacific, Opens Offices in Australia and Japan

2017-10-17 20:00 3070

LONDON, Oct. 17, 2017 /PRNewswire/ -- Style Research, the industry standard for factor-based equity analytics and portfolio communications, is investing further inAsia Pacific to enhance customer service to clients in the region and accelerate growth. In addition to opening offices inMelbourne an...

Montage Technology Licenses Allegro DVT's Latest Multi-Format Video Encoder IP for Next Generation Set-Top Box Chips

2017-10-17 19:17 3820

GRENOBLE, France, Oct. 17, 2017 /PRNewswire/ -- Allegro DVT, a leader in video compliance streams and video codec semiconductor IP solutions, announced today that Montage Technology, a leading fabless semiconductor provider for smart home entertainment and data center markets, has licensed Allegr...

EASB and NATAS Form Strategic Partnership

2017-10-17 19:17 2470

SINGAPORE, Oct. 17, 2017 /PRNewswire/ -- EASB (East Asia Institute of Management), a fully-owned subsidiary of the EASB Education Group and NATAS (National Association of Travel Agents Singapore) jointly announced a strategic partnership under which EASB will acquire the major shareholding in TMI...

Canadian Solar Partners with Menora Mivtachim to Invest in Solar Power Projects in Israel

2017-10-17 19:00 1660

GUELPH, Ontario, Oct. 17, 2017 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced that a wholly owned subsidiary of the Company and a few subsidiaries of Menora Mivtachim Holdings Ltd. ("Menora ...

ZTO Joins Consortium to Establish Logistics Insurer

2017-10-17 18:00 1649

SHANGHAI, Oct. 17, 2017 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO) ("ZTO" or the "Company"), a leading express delivery company inChina, today announced that it has joined a seven-member consortium (the "Consortium") to establish a logistics insurer. In addition to ZTO, the consortium ...

Yangon goes live with Hikvision Traffic Management Solution

2017-10-17 10:18 4735

HANGZHOU, China, Oct. 17, 2017 /PRNewswire/ -- Hikvision, the world's leading supplier of video surveillance products and solutions, is ensuring safe vehicle flow and helping to improve driving standards inYangon, Myanmar (formally Burma ), via an intelligent wide-area integrated traffic managemen...

Cirro Capital expands CPO investments into Indonesia

2017-10-17 08:35 3027

JAKARTA, Indonesia, Oct. 17, 2017 /PRNewswire/ -- On 15th October 2017, Cirro Capital Limited, a Malaysian-based investment and financial services company has sealed yet another plantation acquisition, this time in the Riau Islands of Indonesia. This is its second acquisition in the last 2 months....

PINTEC's Wealth-management Venture PIVOT Sees Boost from China's Belt and Road Initiatives

2017-10-17 08:00 2940

- Partnering with FWD Group, PIVOT is banking on Southeast Asia's fintech potential, bolstered by the Chinese government's Belt and Road program SINGAPORE, Oct. 17, 2017 /PRNewswire/ -- Riding the wave of China's expanding "One Belt, One Road" economic initiative, Beijing-based financial technolo...