Investment & Financing
China Rapid Finance Reports Unaudited Second Quarter 2017 Financial Results
Executing on Plan with 59% Year-over-Year Growth in Total Gross Billings for Leading ConsumerLending Marketplace Serving 500 Million EMMAs SHANGHAI, Aug. 17, 2017 /PRNewswire/ -- China Rapid Finance Limited ("China Rapid Finance" or the "Company") (NYSE: XRF), a leading online consumer lendi...
Massive Potential Attracts International Players to Iran's Cloud Computing Market, Despite Challenges
Creating strong infrastructure through local collaboration will enhance growth opportunities,finds Frost & Sullivan's Digital Transformation team DUBAI, U.A.E., Aug. 17, 2017 /PRNewswire/ -- The nascent Iranian cloud computing market offers immense potential for future growth. This is subject to ...
Ericsson Sues Wiko for Patent Infringement
STOCKHOLM, Aug. 17, 2017 /PRNewswire/ -- On August 14, 2017, Ericsson (NASDAQ: ERIC) sued smartphone maker Wiko, in the regional courts ofDusseldorf and Mannheim in Germany, for infringement of patents essential for 2G, 3G and 4G cellular technology, as well as implementation patents. Wiko has ...
First CLAC Expo to be Held in Zhuhai on November 7
ZHUHAI, China, Aug. 17, 2017 /PRNewswire/ -- August 16 witnessed the first CLAC (China-Latin America and the Caribbean) Expo Promotion Conference in Beijing. As announced at the Conference, the first CLAC Expo will be staged in Zhuhai fromNovember 7 to November 9 by the China Chamber of Internat...
Air Products' Batu Kawan Industrial Park Pipeline On-stream and Supplying HP in Malaysia
LEHIGH VALLEY, Pa., Aug. 17, 2017 /PRNewswire/ -- Air Products, a world-leading industrial gases company, today announced that its pipeline in Batu Kawan Industrial Park,Penang, for global leading printing company HP has come on-stream. As the Park's first gases pipeline, which extends from Air P...
Coverfox and Vizury Innovate on 'Quote Level Personalization' to Drive Down User Acquisition Cost by 75%
BANGALORE, Aug. 17, 2017 /PRNewswire/ -- Coverfox, a global top 50 Insurtech company has disrupted the Indian insurance ecosystem with its comparison website where users can compare, buy and manage insurance policies. Coverfox has been working with Vizury to pioneer and execute 'quote level per...
Tuniu Announces Unaudited Second Quarter 2017 Financial Results
Net Revenues in Q2 2017 Increased by 53.8% Year-Over-Year Gross Profit in Q2 2017 Increased by 84.5% Year-Over-Year NANJING, China, Aug. 16, 2017 /PRNewswire/ -- Tuniu Corporation (NASDAQ: TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced its unau...
Vipshop Reports Unaudited Second Quarter 2017 Financial Results
GUANGZHOU, China, Aug. 16, 2017 /PRNewswire/ -- Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands inChina ("Vipshop" or the "Company"), today announced its unaudited financial results for the second quarter endedJune 30, 2017. Second Quarter 2017 Highlights ...
Global Military Aircraft Engine MRO Market Driven by Increasing Complexity of Components and Regional Tensions
OEMs can compound growth opportunities through long-term aftermarket support, finds Frost & Sullivan's Aerospace & Defense team SANTA CLARA, California, Aug. 17, 2017 /PRNewswire/ -- Growth in the global military aircraft engine maintenance, repair, and overhaul (MRO) market remains steady, driv...
Decision Resources Group Acquires Context Matters to Expand Global Market Access Intelligence Offerings
BURLINGTON, Massachusetts, Aug. 16, 2017 /PRNewswire/ -- Decision Resources
Group (DRG)
Baidu Announces Buyer Group Investment in China Unicom
BEIJING, Aug. 16, 2017 /PRNewswire/ -- Baidu, Inc. (the "Company" or "Baidu") (NASDAQ: BIDU), the leading Chinese language internet search provider, today announced that an investor consortium led by the Company ("Buyer Group") had entered into a share purchase agreement with China United Network...
Tencent Announces 2017 Second Quarter and Interim Results
HONG KONG, Aug. 16, 2017 /PRNewswire/ -- Tencent Holdings Limited ("Tencent" or the "Company", 00700.HK), a leading provider of Internet value added services in China, today announced the unaudited consolidated results for the second quarter ("2Q2017") and the first half year of 2017 ("1H2017") en...
Announcement Amendment -- Notice of Change in Ownership Status of Major Shareholder
TAIPEI, , Aug. 16, 2017 /PRNewswire/ -- GigaMedia Limited (NASDAQ:GIGM) released an announcement datedAugust 15, 2017, advising a change of major shareholder. The Company made an amendment today to clarify the ownership status of its shareholder. As the Company's announcement on the 16th of No...
Spackman Entertainment Group's Frame Pictures Secures Camera Equipment Deal for Upcoming Korean Film, Deceptive Murder
SINGAPORE, Aug. 16, 2017 /PRNewswire/ -- Spackman Entertainment Group Limited ("Spackman Entertainment Group" or the "Company" and together with its subsidiaries, the "Group"), one of Korea's leading entertainment production groups, wishes to announce that its wholly-owned subsidiary, Frame Pic...
Frost & Sullivan Recognizes Mambu with the 2017 Europe Growth Excellence Leadership Award
Mambu provides a best-in-class SaaS banking engine -- in response to long-term
market trends, helping financial service providers retain relevance and
sustainability
LONDON, Aug. 16, 2017 /PRNewswire/ -- Based on its recent analysis
JMU Limited Reports Unaudited Second Quarter 2017 Financial Results
SHANGHAI, Aug. 16, 2017 /PRNewswire/ -- JMU Limited (the "Company" or "JMU") (NASDAQ:JMU), a leading B2B online e-commerce platform that provides integrated services to suppliers and customers in the foodservice industry inChina, today announced its financial results for the three months endedJun...
XCMG Launches New Company in Kazakhstan, Further Integrating Eurasia with Global Outreach
ALMATY, Kazakhstan, Aug. 16, 2017 /PRNewswire/ -- XCMG, the world's leading global construction machinery manufacturer, has launched XCMG XuGong Kazakhstan (the "Company"), a "one-stop-shop" that aims to provide help to the growing number of construction projects, this July inAlmaty Kazakhstan. ...
China Dongxiang (Group) Co., Ltd. net profit increases to RMB536 million in the first half of 2017; Dividend payout ratio hits 10-year high since listing
HONG KONG, Aug. 16, 2017 /PRNewswire/ -- Results Highlights (RMB million) For the 6 months ended 30 June 2017 2016 Change Revenue 626 650 -3.7% Gross profit (before provision for inventories) 365 372 -1.9% Gross profit margin (before provision for inventories) 58.3% 57.2% 1.1 pe...
Jupai Reports Second Quarter 2017 Results
SHANGHAI, Aug. 16, 2017 /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...
/CORRECTION -- JNA/
Details of the finalists are incomplete in the press release dispatched on Aug. 14, 2017. The complete, corrected release follows: Spectacular Designs Sparkle in the Xifu International Gold Wedding Jewellery Design Competition 2017 HONG KONG, Aug. 16, 2017 /PRNewswire/ -- T...
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