Investment & Financing
Match Group Closes Acquisition of Hyperconnect
DALLAS and SEOUL, South Korea, June 17, 2021 /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today it has completed the acquisition of Hyperconnect, a leading social discovery and video technology company. The $1.725 billion transaction was completed 50% in cash and 50% in Match Group stock....
ADB Increases Credit Limit For SeABank To US$30 Million
HANOI, Vietnam, June 17, 2021 /PRNewswire/ -- The Asian Development Bank (ADB) has stated that it would increase the trade finance limit toUSD 30 million while maintaining theUSD-5-million limit of 6-month-tenor revolving loan for Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SS...
Popular gaming platform Sixer Game, part of Game Development Platform Beryllium Secures USD3 Million in Pre-Series A Round
NEW DELHI, June 17, 2021 /PRNewswire/ -- Singapore-based Beryllium, an innovative game development startup behind the fast-growing Indian platform, Sixer Game, announced it has secured aUSD 3 Million investment for its Pre-Series A Round led by Bullpen Capital. Other investors include Genting Ve...
BCcard secures a strong foothold in Vietnam's card payments market
SEOUL, South Korea, June 17, 2021 /PRNewswire/ -- BCcard (CEO Choi Won-Seok), the biggest card payment acquirer inSouth Korea announced that it has acquired a 100% stake in Vietnamese POS terminal distributor Wirecard Vietnam1 securing a strong foothold inVietnam's card payments market. Wirecard...
BCcard secures a strong foothold in Vietnam's card payments market
SEOUL, South Korea, June 16, 2021 /PRNewswire/ -- BCcard (CEO Choi Won-Seok), the biggest card payment acquirer inSouth Korea announced that it has acquired a 100% stake in Vietnamese POS terminal distributor Wirecard Vietnam1 securing a strong foothold inVietnam's card payments market. Wirecard...
handdii Raises $3M to Help Insurance Companies Digitize and Simplify the Property Claims Experience
SAN FRANCISCO, June 16, 2021 /PRNewswire/ -- As the insurance industry continues to seek the best way to digitize and simplify the property claims experience, claim management platform handdii is announcing a$3 million Seed round led by Brick & Mortar Ventures, with participation from Nine Four ...
Brazilian Logtech Uello receives USD 4 million in Series A investment deal and now aims at Series B
SAO PAULO, June 16, 2021 /PRNewswire/ -- Uello, a Brazilian logtech that uses technology and a collaborative network to provide express freight services with superior experience, concluded its Series A investment deal with an investment injection ofUSD 4 million. The deal was led by the Btomorrow...
Ossen Innovation Enters into Amendment No. 1 to Merger Agreement for Going Private Transaction
SHANGHAI, June 16, 2021 /PRNewswire/ -- Ossen Innovation Co., Ltd. (the "Company ") (Nasdaq: OSN), aChina-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that it has entered into an Amendment to the Agreement and Plan of Mer...
EV charging solution leader XCharge receives investment from Shell Ventures
BEIJING, June 16, 2021 /PRNewswire/ -- XCharge, the leading electric vehicle (EV) charging solution inAsia-Pacific and Europe, today announced the closure of their Series B funding round with participation from Shell Ventures and other investors. XCharge aims to scale up to meet the accelerate...
LTI to Acquire Digital Engineering Firm Cuelogic
MUMBAI, India, June 16, 2021 /PRNewswire/ -- Larsen & Toubro Infotech Ltd.
(BSE: 540005) (NSE: LTI), a global technology consulting and digital solutions
company has signed a definitive agreement to acquireCuelogic Technologies
Facetech Holdings Limited Receives Further Funding for Its Facial Recognition Technology
Facetech Holdings Limited has received funding to continue its research and development on its next-generation facial recognition technology. HONG KONG, June 16, 2021 /PRNewswire/ -- Chinese technology startup Facetech Holdings Limited has today said it has raised an undisclosed amount of further...
Totient, a Viva Biotech Portfolio Company, has been Acquired by AbSci
SHANGHAI, June 15, 2021 /PRNewswire/ -- Viva Biotech (01873.HK) declared today that Totient, one of its portfolio companies, has been acquired by AbSci, a synthetic biology company unlocking the potential of proteins as next-generation therapeutics. Totient is a biotech company, harnessing human ...
DTC Brand Builder RPG Commerce Bags Series A from Vertex Ventures Southeast Asia, Hires ex-Uber and Cloud Kitchen Exec to Propel Growth
* RPG Commerce will be directing the funds raised towards regional expansion acrossSoutheast Asia, talent acquisition, brand building, and research and development efforts KUALA LUMPUR, Malaysia, June 16, 2021 /PRNewswire/ -- RPG Commerce, a leading DTC (direct-to-consumer) e-Commerce company,...
Addepar Announces $150M Investment by D1 Capital Partners, Exceeding $2B Valuation
The investment capital will accelerate the growth of Addepar's industry-leading platform and fuel its global expansion MOUNTAIN VIEW, Calif., June 15, 2021 /PRNewswire/ -- Addepar, a leading technology platform for wealth management, today announced it has raised$150 million from D1 Capital Part...
Limelight Platform Announces the Acquisition of Meshh, the Global Spatial Analytics Leader
TORONTO, June 15, 2021 /PRNewswire/ -- Limelight Platform is excited to expand its offerings in the experiential space with the acquisition of Meshh, the leading SaaS-based spatial analytics technology provider, from CSM Sport and Entertainment Holdings Limited. A powerful complement to Limeligh...
Gordon & MacPhail Introduces the World's Oldest Single Malt Scotch Whisky: Generations 80YO From Glenlivet Distillery Presented in Partnership With Sir David Adjaye Obe
ELGIN, Scotland, June 15, 2021 /PRNewswire/ -- Whisky creator Gordon & MacPhail is set to release the world's oldest single malt Scotch whisky this September - an 80-Years-Old from Glenlivet Distillery - in partnership with Sir David Adjaye OBE. On 3rd February 1940 in a quiet corner in the ...
Digital Edge Expands into Indonesia with Strategic Investment in PT IndoInternet Tbk
SINGAPORE, June 15, 2021 /PRNewswire/ -- Digital Edge (Singapore) Holdings Pte.
Ltd.
Harvest Capital chairperson Alan Song on successful entrepreneurs: being prepared for challenges while respecting one's rivals requires broad-mindedness and foresight
SHANGHAI, June 15, 2021 /PRNewswire/ -- A workman must sharpen his tools if he is to do his work well. Eastroc Beverage (Group) Co., Ltd., aChina-based company principally engaged in the R&D, production and sales of beverages, recently marked a major milestone and entered a new and exciting chapt...
Irongate Group Announces Acquisition of Canberra Office Property and Institutional Placement
SYDNEY, June 15, 2021 /PRNewswire/ -- Irongate Group (ASX: IAP; JSE: IAP) has today announced the acquisition of an office property inCanberra and a fully underwritten institutional placement. IAP has contracted to acquire a 100% interest in the property located at 38 Sydney Avenue, Canberra ACT...
Vection Accelerates European Expansion Via Strategic Acquisition
PERTH, Australia, June 15, 2021 /PRNewswire/ -- Real-time software company Vection Technologies Ltd (ASX:VR1) has signed a binding agreement to acquire European technology company and DELL Platinum and OEM partner, JMC Group. JMC is a technology company designing, developing, and delivering h...
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