Investment & Financing

ITM raises startup funds from MediaTek

2020-03-16 18:54 301

TAIPEI, March 16, 2020 /PRNewswire/ -- International Trust Machines Corporation (ITM), an award winning Taiwanese blockchain solutions provider, has recently received pre-A round funding from global leading IC design houseMediaTek. The investment into ITM adds to the international recognition of...

CreditEase Fintech Investment Fund joins $36 Million Series B+ Funding Round in China's startup Fenbeitong

2020-03-13 16:06 716

BEIJING, March 13, 2020 /PRNewswire/ -- On Mar. 13, 2020, CreditEase Fintech Investment Fund ("CEFIF") announced that it joined a$36 Million Series B+ financing round in Fenbeitong, a renowned corporate expense management start-up inChina, alongside Eight Roads, Glade Brook Capital, Ribbit Capita...

Yunqi Partners and Others Inject nearly RMB 200 million in A+ Funding Round for Autonomous Driving Vehicle Company Neolix

2020-03-12 22:36 356

BEIJING, March 12, 2020 /PRNewswire/ -- Autonomous vehicle delivery startup Neolix recently completed an A+ round of funding, raising nearlyRMB 200 million.  Li Xiang's Lixiang Automotive and ADDOR Capital were the investors in this round of funding, while existing shareholders Yunqi Partners and ...

Huitao Technology and Baydolphin Announce Innovative Joint Venture to Re-define After-school Learning Experience

2020-03-12 21:32 383

BEIJING, March 12, 2020 /PRNewswire/ -- Huitao Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company", "we" or "HHT"), a company engaged in production of advanced ready-mix concrete materials and education service, announced today that its wholly owned subsidiary, CACM Group NY, Inc. ("CACM"), and ...

Ericsson to Acquire Genaker to Strengthen Mission Critical Push-to-talk Offering

2020-03-12 16:19 509

STOCKHOLM, March 12, 2020 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has signed an agreement to acquire 100 percent of the shares in Genaker, a provider of Mission Critical Push-to-talk (MC-PTT) solutions, based inBarcelona, Spain. The acquisition strengthens Ericsson's MC-PTT offering as the missi...

Ascential Acquires Yimian Data as part of Edge by Ascential, Delivering Leading Innovative Digital Commerce Solutions Worldwide

2020-03-12 10:00 875

SHANGHAI, March 12, 2020 /PRNewswire/ -- Ascential, the specialist global information company, has acquired Yimian Data (renamed 'Yimian by Ascential' after the acquisition, hereafter referred to as 'Yimian'), a leading AI-powered digital commerce data solutions provider fromChina, and has integr...

TMSR Holding Closes the Acquisition of Sichuan Wuge Network Co., Ltd.

2020-03-12 00:46 319

NEW YORK, March 11, 2020 /PR Newswire/ -- TMSR Holding (NASDAQ: TMSR), an eco-technology company, announces today that it has closed the acquisition of Sichuan Wuge Network Co., Ltd. (WG), its first strategic acquisition of 2020 as part of its diversified development agenda. The completion of the...

Cybersecurity platform outSOC acquires SIEMPlexus Technology, exits stealth mode

2020-03-11 23:07 202

MIAMI, March 11, 2020 /PRNewswire/ -- outSOC, a channel exclusive, white-label, SaaS security platform today announced its public launch and consequent acquisition of SIEMPlexus Technology. outSOC  is the latest venture for cybersecurity veteran,Richard Dobrow and entrep...

Concord Medical Welcomes RMB700 Million Investment

2020-03-11 15:40 314

BEIJING, March 11, 2020 /PRNewswire/ -- Concord Medical Services Holdings Limited ("Concord Medical" or the "Company") (NYSE: CCM), a healthcare provider specializing in cancer care, research, education and prevention by operating a network of medically advanced comprehensive cancer hospitals and...

Huize Holding Limited Announces Partial Exercise of Over-Allotment Option in Initial Public Offering

2020-03-11 10:16 326

SHENZHEN, China, March 10, 2020 /PRNewswire/ -- Huize Holding Limited ("Huize" or the "Company", NASDAQ: HUIZ), a leading independent online insurance product and service platform inChina, today announced that the underwriters of the Company's initial public offering (the "IPO") have exercised in...

CAS and PatSnap forge strategic partnership that unites market-leading scientific content and AI-powered technology to accelerate global innovation

2020-03-11 08:00 213

Collaboration strengthens leading sci-tech information solutions to deliver enhanced insight across R&D and IP workflows COLUMBUS, Ohio and LONDON, March 11, 2020 /PRNewswire/ -- CAS, a division of the American Chemical Society specializing in scientific information solutions, and PatSnap, a glo...

Airwallex and Xero Partner to Help SMBs Save Time and Money

2020-03-10 16:00 335

MELBOURNE, March 10, 2020 /PRNewswire/ -- Global fintech leader Airwallex  today announced an integration with Xero , the global small business platform  – to help Airwallex's small-to-medium business (SMB) customers seamlessly reconcile their...

Ticket2U Invites Investors to be Part of its Expansion Plans

2020-03-10 09:30 278

KUALA LUMPUR, Malaysia, March 10, 2020 /PRNewswire/ -- Ticket2U, Malaysia's leading online ticketing platform, is opening its gates for the first time to investors to be part of its business expansion plans to other countries in Southeast Asia. The founder of Ticket2U, YC Chia, says that the compa...

Distribution and Listing of Electrolux Professional AB (publ)

2020-03-09 15:30 345

STOCKHOLM, March 9, 2020 /PRNewswire/ -- On February 21, 2020 the Extraordinary General Meeting of AB Electrolux (publ) ("Electrolux") decided to distribute all shares in the wholly-owned subsidiary Electrolux Professional AB (publ) ("Electrolux Professional") to the shareholders of Electrolux. T...

OneSmart Enters Into Purchase Agreement with Yimi Online Tutoring

2020-03-06 19:20 336

SHANGHAI, March 6, 2020 /PRNewswire/ -- OneSmart International Education Group Limited (NYSE: ONE) ("OneSmart" or the "Company"), a leading premium K-12 education company inChina, today announced that it has entered into an agreement with Yimi Education Technology Inc., its affiliated companies a...

Firmenich to Acquire DRT From Ardian

2020-03-06 17:45 400

GENEVA, March 6, 2020 /PRNewswire/ -- Firmenich today announced that it has entered into exclusivity with Ardian, Tikehau Capital and family shareholders to acquire Les Derives Resiniques et Terpeniques ("DRT"). DRT is a world leader in plant-based chemistry, mainly from pine trees, and is one of...

Zuellig Pharma acquires Alliance Pharma (Cambodge) in Cambodia to strengthen Indochina presence

2020-03-05 08:15 525

SINGAPORE, March 5, 2020 /PRNewswire/ -- Zuellig Pharma, a leading healthcare services provider inAsia, has announced that it has acquired a controlling stake in Alliance Pharma (Cambodge), a leading healthcare distributor ofCambodia . Zuelli...

Future FinTech Completes Sale Transaction of HeDeTang HK

2020-03-05 05:15 301

XI'AN, China, March 4, 2020 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT; the "Company"), a company engages in blockchain based e-commerce, today announced that the Company has completed the sale of HeDeTang Holdings (HK) Ltd. ("HeDeTang HK") to New Continent International Co., Ltd., a...

SuitePad Announces Its Latest Round of Funding Led by Riverside Acceleration Capital

2020-03-05 00:00 631

BERLIN, March 5, 2020 /PRNewswire/ -- SuitePad – the leading provider of in-room tablets for the hotel industry – has announced the successful closing of its latest round of funding. SuitePad Founders Mo...

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