Investment & Financing
Eastern Bell Capital raises over RMB13 billion (US$2 billion) in latest USD Fund II and RMB Fund VI
SHANGHAI, Dec. 28, 2021 /PRNewswire/ -- Eastern Bell Capital today announced the final close of its USD Fund II and RMB Fund VI, with a total size of more thanRMB13 billion (US$2.0 billion), marking one of the largest fundraises among China based GPs in 2021. The latest close takes Eastern Bell ...
Malaysian Largest Auction Technology Platform - Bidnow Raises US$ 1.3 Mil from 470 Investors through Second-Round ECF on MyStartr
KUALA LUMPUR, Malaysia, Dec. 28, 2021 /PRNewswire/ -- Bidnow.my
Accelerate large-scale development of mobile robot, YouiBot has completed B series round of financing, exceeding RMB 300 million
SHENZHEN, China, Dec. 27, 2021 /PRNewswire/ -- On December 21, YouiBot, the head enterprise of industrial mobile robot, announced that it has completed two rounds of B-series financing, the accumulated amount exceededRMB 300 million. The two rounds of financing mainly come from the investment of ...
Accelerate large-scale development of mobile robot, YouiBot has completed B series round of financing, exceeding RMB 300 million
SHENZHEN, China, Dec. 27, 2021 /PRNewswire/ -- On December 21, YouiBot, the head enterprise of industrial mobile robot, announced that it has completed two rounds of B-series financing, the accumulated amount exceededRMB 300 million. The two rounds of financing mainly come from the investment of ...
Edufront Announces Partnership with Samvid Gurukulam
NEW DELHI, Dec. 28, 2021 /PRNewswire/ -- The Edufront Foundation announced today the launch of its partnership with Samvid Gurukulam, a school founded by Sadhvi Ritambhara to exemplify an ethos of holistic education in Vatsalya Gram on the outskirts of Vrindavan. The Edufront Foundation will be ...
Infobird Enters into Equity Transfer Agreement with Shanghai Qishuo to Further Expand its Standardized SaaS in the Consumer Products and Retail Industry
BEIJING, Dec. 27, 2021 /PRNewswire/ -- Infobird Co., Ltd (Nasdaq: IFBD) ("Infobird" or the "Company"), a software-as-a-service provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China, announced today it had entered into an equity transfer agree...
Tuniu Announces Senior Management Share Purchase Plan
NANJING, China, Dec. 27, 2021 /PRNewswire/ -- Tuniu Corporation (Nasdaq:TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company inChina, today announced that certain senior management members of Tuniu, consisting of Mr. Donald Dunde Yu, founder, chairman and chief executive offi...
Kopi Kenangan, Indonesia's Fastest Growing New Retail F&B chain, Hits Unicorn Status with Series C Fundraise
JAKARTA, Indonesia, Dec. 27, 2021 /PRNewswire/ -- Kopi Kenangan, Indonesia's fastest growing New Retail F&B chain, well-known for its great tasting coffee, today announced that it has raised$96m in the first closing of a Series C funding, giving the company a valuation of more than$1bn. The overs...
Ardonagh announces acquisition of MDS Group
LONDON, Dec. 23, 2021 /PRNewswire/ -- The Ardonagh Group today announces that it has agreed to acquire MDS Group, a leading insurance broker and risk management advisor across the Portuguese-speaking world andEurope. Headquartered in Porto, Portugal, MDS has offices in Brazil, where it is the co...
Hailiang Education Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company at US$14.31 per ADS
HANGZHOU, China, Dec. 23, 2021 /PRNewswire/ -- Hailiang Education Group Inc. (Nasdaq: HLG), ("Hailiang Education" or the "Company" or "We"), an education and management services provider for primary, middle, and high schools in China, today announced that its board of directors (the "Board") rece...
Victoria based Kixeye Studios acquires mobile strategy game Rise of Firstborn
VICTORIA, BC, Dec. 23, 2021 /PRNewswire/ -- KIXEYE Studios, a Stillfront Group AB studio, has entered into an agreement to acquire the gameRise of Firstborn, name recently changed fromIron Throne: The Firstborn, a popular mobile turn-based strategy game developed and published by Netmarble Corpor...
Indorama Ventures inaugurates Global Business Service Center in Kolkata to provide excellent support to businesses across the world
BANGKOK, Dec. 23, 2021 /PRNewswire/ -- Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, inaugurated its Global Business Service Center (GBS) in Kolkata, India to enhance agility, drive standardization, support growth, optimize costs and develop people. The G...
Group ONE Closes US$150 Million Equity Financing Round Led by Guggenheim Investments and Qatar Investment Authority
SINGAPORE, Dec. 23, 2021 /PRNewswire/ -- Group ONE Holdings ("ONE" or the "Company"),Asia's largest global sports media platform and parent company of ONE Championship and ONE Esports, today announced it has closed aUS$150 million equity financing round led by two new global investors, Guggenheim...
Prevailing Over Turbulence To Make A Difference
MANILA, Philippines, Dec. 23, 2021 /PRNewswire/ -- Lufthansa Technik Philippines (LTP), Inc. has been honored by the Asia Corporate Excellence and Sustainability Awards (ACES) 2021 with two prestigious accolades, including the Top Workplaces inAsia award for the company and the Outstanding Leader...
360VUZ Collaborates with Ministry of Sports and Saudi Automobile and Motorcycle Federation for F1 SAUDI ARABIAN GRAND PRIX
DUBAI, UAE, Dec. 23, 2021 /PRNewswire/ -- 360VUZ, the immersive virtual mobile
app announces collaboration with the Ministry of Sports and Saudi Automobile
and Motorcycle Federation for the first-ever F1 Saudi Arabia Grand Prix, that
took place inJeddah, from Dec 3rd to 5th 2021.
iClick Interactive Asia Announces $20 Million Share Repurchase Program
HONG KONG, Dec. 22, 2021 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced its board of directors...
Clarivate Acquires Patient Connect, Furthering Position as a Leading Provider of Patient-Centric Solutions
Expanded global offerings allow life science companies to make confident, data-driven decisions tailored to their patient populations LONDON, Dec. 22, 2021 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovatio...
Li & Fung and Maersk form long-term strategic partnership and announce acquisition of LF Logistics by Maersk valued at US$3.6bn
HONG KONG, Dec. 22, 2021 /PRNewswire/ -- Li & Fung Limited (Li & Fung), the world's leading supply chain solutions partner for consumer brands and retailers, and its affiliates, today announced it has agreed to form a long-term strategic partnership with A.P. Moller - Maersk (Maersk), an integra...
Global Infrastructure Partners announces agreement to acquire a 25% interest in Scotia Gas Networks from OMERS
HORLEY, United Kingdom, Dec. 22, 2021 /PRNewswire/ -- Global Infrastructure Partners ("GIP"), a leading independent infrastructure investor, is pleased to announce an agreement to acquire a 25% equity interest in Scotia Gas Networks (the "Company" or "SGN") from OMERS Infrastructure ("OMERS"). Th...
Shui On Land and Wuhan Urban Construction Group Form JV Company and Have Successfully Won a Bid for Land in Wuhan City, Hubei Province, PRC
HONG KONG, Dec. 22, 2021 /PRNewswire/ -- Shui On Land Limited ("SOL", the "Company", together with its subsidiaries, "the Group," Stock Code: 272) and Wuhan Urban Construction Group jointly announce that through a JV company with 50% equity held by each of their subsidiaries (Wuhan Zhenrui Real E...
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