Investment & Financing

Landzo secures $29.23 million in Series A round

2021-09-27 20:00 2362

SHENZHEN, China, Sept. 27, 2021 /PRNewswire/ -- Landzo Technology Co., Ltd., a provider of educational robots and STEAM education toys, announced that it had raised$29.23 million in Series A funding in June. Investors included GeniLink Capital, CTV Golden Bridge, the Nanjing Municipal Government ...

Ucommune to Acquire 60% Equity Stake in Beijing Kuanneng to Expand into Consumer Services Industry

2021-09-27 19:00 8290

BEIJING, Sept. 27, 2021 /PRNewswire/ -- Ucommune International Ltd. (NASDAQ: UK) ("Ucommune" or the "Company"), a leading agile office space manager and provider inChina, today announced that its wholly owned subsidiary, Beijing Zerone Management & Consulting Company Ltd., an office space managem...

Acclime expands in China with LehmanBrown merger

2021-09-27 18:00 4626

HONG KONG, Sept. 27, 2021 /PRNewswire/ -- Acclime, the premier corporate services provider inAsia, announces today that it has completed a merger with LehmanBrown International Accountants inChina. This is in line with Acclime's strategy of actively growing its pipeline of compliance and corporat...

Singapore Start-up Target Motorcycle Delivery Fleets Safety

2021-09-27 17:09 3066

SINGAPORE, Sept. 27, 2021 /PRNewswire/ -- Rider Dome is a Singapore based tech start-up that has raised a pre-seed funding of$1,000,000. Founded in 2020 by the founders of ImpacTech accelerator,Yoav Elgrichi and Kineret Karin, Rider Dome is a Computer Vision AI based collision alert system provid...

Markel Corporation and Markel CATCo Announce Buy-Out Transaction Offering Accelerated Return of Capital to Investors in Markel CATCo Reinsurance Fund Ltd. and CATCo Reinsurance Opportunities Fund Ltd. and Appointment of Joint Provisional Liquidators to Facilitate Implementation

2021-09-27 14:00 9493

RICHMOND, Va., Sept. 27, 2021 /PRNewswire/ -- Markel Corporation (NYSE: MKL) and Markel CATCo Investment Management Ltd. (MCIM) today announced the terms of a Buy-Out Transaction that provides for an accelerated return of substantially all the net asset value (NAV) in Markel CATCo Reinsurance Fun...

AlgoGroup acquires and launches three FMCG brands following fresh round of financing from Requina Capital

2021-09-27 10:00 4784

* The acquisition of Beanie, followed by the investment in Beanie for Paws and Padie will immediately grow AlgoGroup's revenue by three-fold * Expanding sales footprint to Southeast Asia, Oceania and North America * AlgoGroup to launch a Brand Incubation Program to empower brands to scale fa...

MINISO Group Announces Acquisition of Remaining Stake in a Joint Venture for its Headquarters Building Project

2021-09-27 09:30 9844

GUANGZHOU, China, Sept. 26, 2021 /PRNewswire/ -- MINISO Group Holding Limited (NYSE: MNSO) ("MINISO Group", "MINISO" or the "Company" ), a fast-growing global value retailer offering a variety of design-led lifestyle products, today announced that it has entered into a definitive agreement with Y...

Investment App MAKMUR Raises Seven-Digit Seed Funding to Advance Features and People Development

2021-09-27 08:00 3959

JAKARTA, Indonesia, Sept. 27, 2021 /PRNewswire/ -- Indonesia-based investment app, MAKMUR, has secured a seven-digit seed funding round, led by BEENEXT, with participation from Kinesys Group, Trihill Capital, and notable angel investors includingYiping Goh (Quest Ventures' partner), Edward Tirtan...

Château Quintus Grows with the Acquisition of Château Grand-Pontet

2021-09-27 08:00 3862

An age-old vineyard, with an extraordinary past, present and future PARIS, Sept. 27, 2021 /PRNewswire/ -- The history of Quintus is closely linked to that of Saint-Emilion, one of the oldest winegrowing areas of the region.  Perched on a limestone promontory, culminating at an altitude of 62 met...

iClick Interactive Asia Group Limited Announces Receipt of a Preliminary Non-Binding Indicative Proposal to Acquire the Company

2021-09-24 20:00 17560

HONG KONG, Sept. 24, 2021 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), a leading enterprise and marketing cloud platform inChina that empowers worldwide brands with full-stack consumer lifecycle solutions, announced today that its board of dire...

Johnson & Johnson Innovation Announces Awardees of the Digital Technologies of Tomorrow QuickFire Challenge

2021-09-24 09:02 4435

Awardees HelpWear and Us2.ai recognized for their novel ideas to harness the Internet of Things (IoT) and Artificial Intelligence (AI) with the aim to transform Atrial fibrillation (AFIB) patient care. SHANGHAI, Sept. 24, 2021 /PRNewswire/ -- Johnson & Johnson Innovation LLC together with Johnso...

Strategic Investment in proteanTecs from Industry Leaders MediaTek and Advantest Joined by Porsche Automobil Holding SE to Advance Electronics Health Monitoring

2021-09-24 06:13 8583

HAIFA, Israel, Sept. 24, 2021 /PRNewswire/ -- proteanTecs, a global leader in deep data solutions for advanced electronics, announced today a$50 million extension to theirGrowth Equity Round

Sogou Announces Completion of Going-Private Transaction

2021-09-24 04:00 9718

BEIJING, Sept. 23, 2021 /PRNewswire/ -- Sogou Inc. (NYSE: SOGO) ("Sogou" or the "Company"), an innovator in search and a leader inChina's internet industry, today announced the completion of the merger (the "Merger"), contemplated by the Agreement and Plan of Merger, datedSeptember 29, 2020 and a...

Sohu Announces Completion of Sale of Sogou Shares

2021-09-24 04:00 8146

BEIJING, Sept. 23, 2021 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU) ("Sohu" or the "Company"),China's leading online media, video and gaming business group, today announced the completion of the transaction contemplated by the Share Purchase Agreement, datedSeptember 29, 2020 and amended on D...

Color Star Technology Co., Ltd. (NASDAQ: CSCW) to Acquire and Merge with Esports Industry Leader and Launch a Global Esports Pan-Entertainment Sector

2021-09-23 21:15 6913

NEW YORK, Sept. 23, 2021 /PRNewswire/ -- Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as "Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence (AI) in the enter...

Pudu Robotics Completes Series C2 Financing, with Nearly $155M in Total Raise from C1 and C2

2021-09-23 20:46 3490

SHENZHEN, China, Sept. 23, 2021 /PRNewswire/ -- On September 14, global technology companyPudu Robotics announced the completion of its C2-series financing, a joint investment led by Meituan, Greater Bay Area Homeland Development Fund, Shenzhen Investment Holdings ...

Hainan Boao Lecheng International Medical Tourism Pilot Zone holds event to attract Japanese investment

2021-09-23 16:15 3537

The event is co-organized by Winhealth Pharma BOAO, China, Sept. 23, 2021 /PRNewswire/ -- The Hainan Boao Lecheng International Medical Tourism Pilot Zone ("Lecheng Pilot Zone")'s virtual promotional event to explain the favorable investment policies put in place for Japanese businesses, hosted ...

OPEN Health Acquires ARK

2021-09-23 16:00 1841

LONDON, Sept. 23, 2021 /PRNewswire/ -- OPEN Health has today announced the acquisition ofLondon-based agency ARK. ARK has a unique approach to delivering data-driven, digital-first creative campaigns. Integrating the ARK business with the OPEN Health Group further strengthens our global creative,...

RateGain enters into agreement to acquire myhotelshop to help hotels optimize guest acquisition

2021-09-23 14:30 4207

Acquisition aimed to help the pandemic-stricken hospitality industry lower acquisition costs SINGAPORE, Sept. 23, 2021 /PRNewswire/ -- RateGain Travel Technologies Limited, a provider of SaaS  solutions for travel and hospitality, today...

PouchNATION raises a Bridge Funding Round as Markets are preparing to reopen and launches Contactless Hospitality Tech

2021-09-23 10:12 6122

SINGAPORE, Sept. 23, 2021 /PRNewswire/ -- Asia's leading Guest Management and Contactless Payment provider for venues and events, PouchNATION, has raised a Bridge Funding Round. Asia’s leading Guest Management and Contactless Payment ...

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