Investment & Financing
Airwallex Closes US$160M in Record Fundraising Round to Date, Announces Worldwide Growth Plans
* Airwallex has raised a Series D round of US$160M, its largest to date, with participation from a group of new investors, includingANZi Ventures and Salesforce Ventures, and several existing investors, including DST Global, Tencent, Sequoia Capital China, Hillhouse Capital and Horizons Ventures...
TSG Announces Acquisition of PerfectMind
BURNABY, British Columbia and LONDON, April 15, 2020 /PRNewswire/ -- TSG, an Advent portfolio company and leading global provider of business management software, integrated payments, and value-added services to the Health and Fitness, Childcare and Education, and Boutique markets, today announce...
Sharing Economy International Enters into Share Exchange Agreement to Acquire 100% of OOB HK Limited to further enhance its digital marketing capabilities
HONG KONG, April 15, 2020 /PRNewswire/ -- Sharing Economy International, Inc. ('SEII or "the Company") (OTCQB: SEII) today announced that it has entered into a share exchange agreement with the shareholders of OOB HK Limited ("OOBHK"), to acquire 100% ownership of OOBHK. SEII will acquire 100% of...
Origin has received RMB137.66 million from Beijing Changping Technology Innodevelop Group
BEIJING, April 15, 2020 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), an agriculture technology and rural e-commerce company, today announced the Company has receivedRMB137.66 million from Beijing Changping Technology Innodevelop Group. Origin has entered a def...
Sohu.com Announces Filing of Definitive Plan of Merger for Changyou Going-Private Transaction
BEIJING, April 14, 2020 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU) ("Sohu"),China's leading online media, video, search and gaming business group, today announced that, as contemplated by the previously-announced Agreement and Plan of Merger (the "Merger Agreement"), datedJanuary 24, 2020, b...
Changyou.com Announces Filing of Definitive Plan of Merger for Going-Private Transaction
BEIJING, April 14, 2020 /PRNewswire/ -- Changyou.com Limited ("Changyou") (NASDAQ: CYOU), a leading online game developer and operator inChina, today announced that, as contemplated by the previously-announced Agreement and Plan of Merger (the "Merger Agreement"), datedJanuary 24, 2020, by and am...
Big Data Exchange (BDx) Announces Acquisition of Data Center in Singapore
Content exchange company BDx begins Southeast Asia expansion HONG KONG, April 9, 2020 /PRNewswire/ -- Big Data Exchange just got bigger. The carrier neutral, content-exchange company announced the completion of sale on a data center located inPaya Lebar, Singapore formerly owned by Telstra. "Exp...
Yum China Has Completed the Acquisition of a Controlling Interest in Huang Ji Huang
SHANGHAI, April 8, 2020 /PRNewswire/ -- Yum China Holdings, Inc. ("Yum China")
(NYSE: YUMC) today announced that it has completed the acquisition of a
controlling interest in the Huang Ji Huang group, a leading Chinese-style
casual dining franchise business.
Neat, a FinTech Alternative to Banks, Raises USD11M to Fuel International Expansion
HONG KONG, April 8, 2020 /PRNewswire/ -- Neat, a Hong Kong-based FinTech company offering modern financial solutions to SMEs and startups, today announced raising aUSD11 million Series A funding round. Pacific Century Group (PCG) led the round with participation from Visa, and MassMutual Ventures...
THE.WAVE.TALK raises US$2M
SEOUL, South Korea, April 7, 2020 /PRNewswire/ -- THE.WAVE.TALK, a member company of theBorn2Global Centre, successfully attracted a funding of USD 2 million in early February from Yellowdog and Silicon Valley-based Big Basin Capital, bringing its accumulated total to approximately USD 6 million ...
Trip.com Group Announces Entry into Facility Agreement
SHANGHAI, April 3, 2020 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM) ("Trip.com Group" or the "Company"), a leading provider of online travel and related services, including accommodation reservation, transportation ticketing, packaged tours and in-destination services, corporate travel ...
China Xiangtai Food Co., Ltd. Enters into Definitive Agreement to Acquire Controlling Interest in Chongqing Ji Mao Cang Feed Co., Ltd.
CHONGQING, China, April 3, 2020 /PRNewswire/ -- China Xiangtai Food Co. Ltd. (NASDAQ: PLIN) ("Company" or "PLIN"), an emerging growth company primarily engaged in pork processing inChina, today announced that the Company, through its subsidiary Chongqing Jinghuangtai Enterprise Management Cons...
HUYA Inc. Announces Tencent's Exercise of its Option and Changes to Board Composition
GUANGZHOU, China, April 3, 2020 /PRNewswire/ -- HUYA Inc. (NYSE: HUYA) ("Huya" or the "Company"), a leading game live streaming platform inChina, today announced that Linen Investment Limited, a wholly-owned subsidiary ofTencent Holdings Limited ("Tencent"), has provided a written notice to Huya ...
Points Technology Raised Multi-million Dollar Series A from K2VC
BEIJING, April 1, 2020 /PRNewswire/ -- Recently, Points Technology, a blockchain and AI startup announced multi-million US dollar worth Series A financing. The investment was made by K2 Venture Partners, a leading venture capital firm inChina. Points technology will use the newly injected capital...
Tencent-Led Consortium Announces Closing of Investment in Universal Music Group
HONG KONG, March 31, 2020 /PRNewswire/ -- Tencent Holdings Limited (00700.HK, " Tencent") announces today that a Tencent-led consortium (the "Consortium") has completed the acquisition of a 10% equity stake in Universal Music Group ("UMG") from Vivendi SE (VIV.PA, "Vivendi"), based on an enterpris...
Consortium Including Tencent Music Entertainment Group Completed Acquisition of Equity Interests in Universal Music Group
SHENZHEN, China, March 31, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform inChina, today announced that a consortium (the "Consortium") led byTencent Holdings Limited (00700.HK) and par...
Blue Planet realises its end to end vision with Zigma, India's largest landfill mining company
SINGAPORE, March 31, 2020 /PRNewswire/ -- Blue Planet Environmental Solutions
Pte Ltd (Blue Planet),Asia's leading sustainable waste management company,
today announced a significant investment in Zigma Global Environ Solutions Pvt
Ltd (Zigma),India's largest landfill mining company.
Southeast Asia logistics startup Inteluck secures US$5M+ from MindWorks and Lalamove
SINGAPORE, March 31, 2020 /PRNewswire/ -- Inteluck, a Southeast Asia-based data-driven third-party logistics platform, announced that it has raised US$5M+ in Series Pre-B funding round led by MindWorks Capital with participation from Infinity Venture Partners and leading on-demand logistics techn...
P2i Signs Deal With Samsung to Protect Selected Galaxy Smartphones With Its Liquid Protection Barrier Coating
Advanced nanocoating technology enables increased reliability and liquid
protection for smartphones
OXFORD, England, March 30, 2020 /PRNewswire/ -- P2i
Preply Raises $10 million as Online Language Learning Comes Into Its Own
LONDON, March 30, 2020 /PRNewswire/ -- Online learning platform, Preply
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