Investment & Financing

Onion Global Will Launch Eyelicious Cosmetic Contact Lens Brand

2021-12-03 18:00 889

GUANGZHOU, China, Dec. 3, 2021 /PRNewswire/ -- Onion Global Limited ("Onion Global", the "Group" or the "Company") (NYSE: OG), a next-generation lifestyle brand platform that incubates, markets, and distributes the world's fresh, fashionable, and future brands to young people inChina and across A...

Leading Korean Online Lending Platform, PeopleFund Raises KRW 75.9 Billion Series C Funding led by Bain Capital

2021-12-03 12:29 779

* Largest amount raised among all lending platforms focused on consumer loans in Korea * Funding from global financial institutions, including Bain Capital, Lending Ark Asia Secured Private Debt Fund, 500 Global * Goldman Sachs to obtain equity exposure and lead financing for a debt warehou...

Singapore-based equity management platform Qapita secures a partnership with Citi to accelerate development of its private market trading platform

2021-12-03 11:00 889

* Citi makes a strategic investment, joining the Series A round led by East Ventures (Growth Fund) and Vulcan Capital announced a few weeks earlier * This non-exclusive partnership with Citi will help the company accelerate its platform for private stock * The Company aims to secure other si...

TD Holdings, Inc. Enters into Letter of Intent to Launch RMB300 Million Special Fund to Accelerate Development of Digital Cloud Warehouse

2021-12-02 21:00 895

SHENZHEN, China, Dec. 1, 2021 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced that the Company and its wholly owned subsidiary, Shenzhen Baiyu Jucheng Data Technology Co., Ltd. ("BJDT"), have entered into a non-bind...

Immensitas Private Limited Raises $2.3M in Pre-series A1 Round

2021-12-02 14:08 785

BOSTON, Dec. 2, 2021 /PRNewswire/ -- Immensitas Private Limited has raised $2.3M in a Pre-Series A1 round co-led by growx ventures, Artha Venture Fund (AVF), and DSP Investment Managers Pvt. Ltd. The round also saw participation from LogX Ventures and Atrium Angels, the ISB alumni sponsored micro...

Digital Edge Completes its Largest Acquisition To-Date in Japan

2021-12-02 14:08 856

SINGAPORE, Dec. 2, 2021 /PRNewswire/ -- Digital Edge (Singapore) Holdings Pte. Ltd. ("Digital Edge" or the "Company"), today announced the acquisition of five data center assets from Itochu Techno-Solutions (CTC) for a total purchase price of approximatelyUS$230 m...

The subsidiary of Hundsun (600570.SH) announces the acquisition of the Summit business of Finastra

2021-12-02 10:42 1082

HANGZHOU, China, Dec. 2, 2021 /PRNewswire/ -- The holding subsidiary of Hundsun Technologies Inc. (hereinafter referred to as "Hundsun" or the "Company") CloudWing NetWork Technologies Co., Inc. (hereinafter referred to as "CloudWing NetWork") has acquired the Summit business of Finastra, an inte...

Cybereason and SiS International Limited Partner to Protect Joint Customers in Hong Kong from Cyberattacks

2021-12-02 09:00 727

SINGAPORE, Dec. 2, 2021 /PRNewswire/ -- Cybereason, the leader in operation-centric attack protection, andSiS International Limited, a leading IT distributor inHong Kong, today announced a partnership to protect enterprises in Hong Kong from sophisticated cyberattacks. As part of the partnership,...

Franchise In UAE T20 League Acquired By Lancer Capital

2021-12-02 09:00 620

- Six-team League scheduled to be held in February and March 2022 - - UAE T20 League is Emirates Cricket Board's sanctioned, flagship professional T20 League - The Chairman of Lancer Capital, Avie Glazer, is also an owner of the Tampa Bay Buccaneers and the Co-Chairman of Manchester United DUBA...

Arthur J. Gallagher & Co. Acquires Sound Insurance Services

2021-12-02 07:00 1060

ROLLING MEADOWS, Ill., Dec. 2, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Caulfield,Victoria-based Sound Insurance Services. Terms of the transaction were not disclosed. Founded in 2011 by Simon Feldman and Morris Alessi, Sound Insurance is a retail propert...

Franchise in UAE T20 League Acquired By Lancer Capital

2021-12-02 06:00 791

DUBAI, UAE, Dec. 2, 2021 /PRNewswire/ -- Lancer Capital has made its first ever historic foray into cricket by acquiring a franchise in the UAE T20 league. Avram Glazer, Chairman of Lancer Capital LLC Lancer Capi...

Shell completes sale of its Permian business to ConocoPhillips

2021-12-02 05:15 778

HOUSTON, Dec. 2, 2021 /PRNewswire/ -- Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has completed the sale of its interest in the Permian to ConocoPhillips for$9.5 billion in cash. The agreement covers the sale of Shell's 225k net acres and existing production of around 175 thousan...

LMS365 and Go1 Deepen Partnership with Content Deployment Integration

2021-12-02 05:03 741

AARHUS, Denmark, Dec. 2, 2021 /PRNewswire/ -- LMS365 today announced an integration with the world's largest digital learning platform, Go1. This integration further deepens and expands the value delivered to Go1 and LMS365 joint customers by allowing users to seamlessly push curated content play...

TeamGRIT targets Japan's robotics market through global partnership

2021-12-01 22:00 863

YOKOHAMA, Japan, Dec. 1, 2021 /PRNewswire/ -- Korean IT company TeamGRIT, a joint venture member ofBorn2Global Centre, has partnered up with Japanese IT consultancy Ankocare and established a joint venture, Remote Robotics (R2), in Yokohama, Japan, in an effort to enter the Japanese robotics marke...

RISE Education Reaches Definitive Agreements for the Sale of Rise (Tianjin) Education Information Consulting Co., Ltd., RISE Education International Limited and Rise IP (Cayman) Limited

2021-12-01 21:30 1194

BEIJING, Dec. 1, 2021 /PRNewswire/ -- RISE Education Cayman Ltd ("RISE" or the "Company") (NASDAQ: REDU), today announced that onDecember 1, 2021, the Company, Wuhan Xinsili Culture Development Co., Ltd. (the "Buyer SPV"), Rise ( Tianjin) Education Information Consulting Co., Ltd. ("WFOE"), Beijin...

Ember Closes $23.5M Series E to Accelerate Category Expansion and International Growth

2021-12-01 21:00 909

Ember's Latest Funding is a Vote of Confidence in the Brand's Robust Patent Portfolio LOS ANGELES, Dec. 1, 2021 /PRNewswire/ -- Today, Ember Technologies, Inc. (Ember®), the global temperature control brand and technology platform, announces a$23.5 million Series E funding round led by GOLDTek T...

MKD sets up JV in Electric Trucks arena

2021-12-01 20:36 689

SHANGHAI, Dec. 1, 2021 /PRNewswire/ -- Molecular Data Inc. (NASDAQ: MKD) has announced a joint venture (JV) with GY Energy Tech (a company funded by several PRC Energy SOEs). The JV will help diesel trucks to be replaced with more efficient new energy trucks ("truck battery separation" mode). Th...

NEOM and Volocopter establish joint venture to create the world's first bespoke public eVTOL mobility system

2021-12-01 19:54 751

NEOM, Saudi Arabia, Dec. 1, 2021 /PRNewswire/ -- NEOM, the smart and sustainable regional development in northwestSaudi Arabia and Volocopter, the pioneer of urban air mobility, have established a joint venture (JV) company to design, implement, and operate the world's first bespoke public vertic...

Arthur J. Gallagher & Co. Completes Acquisition of Willis Towers Watson plc Treaty Reinsurance Brokerage Operations

2021-12-01 17:00 1270

ROLLING MEADOWS, Ill., Dec. 1, 2021 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that it has completed the acquisition of substantially all of the treaty reinsurance brokerage operations fromWillis Towers Watson plc. Together with Gallagher's existing reinsurance operations, the co...

Great Bay Bio Completes a Near USD 10M Series A Fundraising

2021-12-01 15:00 692

HONG KONG, Dec. 1, 2021 /PRNewswire/ -- Great Bay Bio (hereinafter referred to as "GBB") is pleased to announce today the completion of its nearUSD 10M series A fundraising led by Proxima Ventures. The round was oversubscribed and upsized with participation by many new and existing institutional ...

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