Investment & Financing

LexinFintech Announces US$300 Million Private Placement of Convertible Notes with PAG

2019-09-11 18:36 12261

SHENZHEN, China, Sept. 11, 2019 /PRNewswire/ -- LexinFintech Holdings Ltd. (NASDAQ: LX) ("Lexin" or the "Company"), a leading fintech platform for educated young adults inChina, today announced that it has entered into a convertible note purchase agreement with PAG, a leadingAsia-focused private ...

Pluang Receives Over US$3M in Funding Led by Go-Ventures

2019-09-11 11:03 1261

Pluang is an Indonesia-based fintech with the goal of democratizing access to financial products. Overview * The US$ 3 million Series A funding was led by Go-Ventures * Funds will be used for marketing, product development and technology improvements. With this new capital, Pluang moves one ...

HReasily Receives US$5 Million Investment from Envy Capital

2019-09-11 11:00 1285

SINGAPORE, Sept. 11, 2019 /PRNewswire/ -- A SINGAPORE-BASED human resource and benefits management platform, HReasily, made such an impact on its client, that the firm became an investor. Managing Director of Envy Asset Management , Ng You Zh...

Pluang Receives Over US$3M in Funding Led by Go-Ventures

2019-09-11 10:30 1223

JAKARTA, Indonesia, Sept. 11, 2019 /PRNewswire/ -- Pluang (https://Pluang.com ), a fintech startup providing digital micro-savings for Indonesians (formerly known as EmasDigi), officially announced today itsUS$3 million Series A funding led by Go-Ventures. Pluang has recently...

Blue Planet acquires new unit to upcycle organic food waste in Asia

2019-09-11 10:00 1287

SINGAPORE, Sept. 11, 2019 /PRNewswire/ -- Blue Planet Environmental Solutions Pte. Ltd. ("Blue Planet") announced today that it has acquired Indian organic waste processing company, Xeon Waste Managers LLP ("Xeon"), the latest in a string of acquisitions that cements its position as a leader in s...

58.com's Zhuan Zhuan Used-Goods Trading Platform Secures US$300 Million in Financing

2019-09-11 09:01 7188

BEIJING, Sept. 10, 2019 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"),China's largest online market place for classifieds, today announced that Zhuan Zhuan, an online used goods trading platform and a consolidated subsidiary of 58.com, has entered into definitive agreements...

HEMA and Franprix (France) Start a Strategic Partnership

2019-09-11 00:13 1234

HEMA products in 15 supermarkets in Paris AMSTERDAM and PARIS, Sept. 11, 2019 /PRNewswire/ -- As of today, Parisians can also buy HEMA products from the supermarket chain Franprix, a subsidiary of the Casino Group. The Dutch and French companies will be co-operating with each other to this end. ...

McDonald's to Acquire Apprente, An Early Stage Leader in Voice Technology

2019-09-10 21:00 13219

CHICAGO, Sept. 10, 2019 /PRNewswire/ -- McDonald's Corporation (MCD) announced today an agreement to acquire Apprente, an early stage leader in voice-based, conversational technology.  The agreement marks another bold step in advancing employee and customer facing innovations while further streng...

Sourced Group Closes $20 Million Financing Round

2019-09-10 20:35 1195

Proceeds to fund global expansion, product development and acquisitions SINGAPORE, SYDNEY and TORONTO, Sept. 10, 2019 /PRNewswire/ -- Sourced Group (Sourced), a leading global IT consultancy specialising in large-scale cloud transformations for regulated industries, is pleased to announce it ha...

Lifequest World Corp subsidiary Biopipe Receives Three Purchase Orders for our 100% Sludge, Chemical and Odor Free Sewage Wastewater Treatment Plants from Joint Venture Partner, Environest Global Pvt Ltd.

2019-09-10 20:00 11672

RIDGEFIELD PARK, New Jersey, Sept. 10, 2019 /PRNewswire/ -- Biopipe Global Corp., a wholly-owned subsidiary of Lifequest World Corp (OTC: LQWC) has received three purchase orders from the Indian JV partner, Environest Global. The orders consist of 30m3/day, 50m3/day and 100m3/day capacity sewage ...

Electrolux Announces Global Streamlining Measures and Hungarian Manufacturing Investment

2019-09-10 17:24 11467

STOCKHOLM, Sept. 10, 2019 /PRNewswire/ --  Following a strategic overview started earlier this year, Electrolux today decided to initiate a plan to improve efficiency throughout the Group. The company today also announced a plan to outsource parts of its current manufacturing inHungary and invest...

Asia-Focused Corporate Services Provider, Acclime, Launches with Six Acquisitions

2019-09-10 10:30 1657

HONG KONG, Sept. 10, 2019 /PRNewswire/ -- Acclime, an Asia-focused corporate services provider, has officially launched, following a series of successful and  strategic acquisitions in the region. In a market characterised by increasing sophistication and complexity, Acclime's vision is to reinven...

Insilico Medicine Secures $37M in Series B Funding Led by Qiming Venture Partners

2019-09-10 09:00 2724

HONG KONG, Sept. 10, 2019 /PRNewswire/ -- Insilico Medicine, a pioneer in next-generation artificial intelligence technology for drug discovery, recently completes a$37 million funding round led by Qiming Venture Partners, joined by Eight Roads, F-Prime Capital, Lilly Asia Ventures, Sinovation Ve...

Future Foundation for Performance Electric Cars Presented by Automobili Pininfarina, Bosch and BENTELER

2019-09-09 23:00 2370

- Strategic collaboration formed with mobility specialists Bosch Engineering and BENTELER ahead of Frankfurt International Auto Show - Confirms future vision for a range of luxury performance electric cars - High-performance EV platform to support future Automobili Pininfarina vehicles and be ma...

Clarivate Analytics acquires the SequenceBase business to expand its search and analysis capabilities for the life sciences IP market

2019-09-09 19:00 12672

Derwent, a Clarivate Analytics company and world-leading IP intelligence provider, to offer sequence searching for the fast-growing biologics market. LONDON and PHILADELPHIA, Sept. 9, 2019 /PRNewswire/ -- Clarivate Analytics plc (NYSE:CCC;CCC.WS), a global leader in providing trusted insights and...

CreditEase Fintech Investment Fund Doubles Down in UK and Europe, and Invests in Railsbank for Singapore expansion

2019-09-09 10:00 385

BEIJING, Sept. 8, 2019 /PRNewswire/ -- CreditEase, a Beijing-based leading FinTech conglomerate in China, announced today that its CreditEase FinTech Investment Fund (CEFIF), participated in the recent $10 million Series A funding round of Railsbank, aLondon-based Banking-as-a-Service (BaaS) plat...

FDI World Dental Federation and Smile Train Launch Project to Improve Oral Health of Children With Clefts: The Most Common Birth Difference of the Face and Mouth

2019-09-06 14:00 1222

GENEVA, Sept. 6, 2019 /PRNewswire/ -- * Cleft lip and palate (clefts) are the most common birth difference of the face and mouth. * Clefts happen when certain body parts and structures do not fuse together during fetal development and impact the development of the mouth, gums, and palate. ...

Brydge Acquires Henge Docks

2019-09-06 08:03 1982

Brydge's reputation for quality tablet keyboards is now bolstered with the addition of market-leading docking solutions by Henge Docks PARK CITY, Utah, Sept. 6, 2019 /PRNewswire/ -- Brydge, the leader in high quality and innovative tablet keyboards, announced today the acquisition of Henge Docks,...

Alibaba Acquires Import E-Commerce Platform Kaola from NetEase for Approximately US$2 Billion

2019-09-06 08:00 16185

HANGZHOU, China, Sept. 5, 2019 /PRNewswire/ -- NetEase, Inc. ("NetEase") (NASDAQ: NTES) and Alibaba Group Holding Limited ("Alibaba") (NYSE: BABA) today announced Alibaba's acquisition of NetEase's import e-commerce platform Kaola for approximatelyUS$2 billion. The transaction paves the way for t...

Borussia Dortmund and Leading Online Forex Trading Company, InstaForex, Today Announce a Two-year Partnership That Will Run Until the End of the 2020-21 Season

2019-09-05 17:00 2031

DORTMUND, Germany, Sept. 5, 2019 /PRNewswire/ -- InstaForex, will become an official partner of the club inAsia and the Commonwealth of Independent States (CIS). The partnership incorporates a significant range of assets including the use of new technology that sees Instaforex messages regionally...

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