Investment & Financing

Travel Platform Touristly Secures Investment Round From Tune Labs

2016-08-08 08:00 3333

KUALA LUMPUR, Malaysia, Aug. 8, 2016 /PRNewswire/ -- After a recent win at Pitch@Palace Malaysia, Malaysian travel startup Touristly announced today that it has successfully secured a strategic investment from Tune Labs, aKuala Lumpur -based startup incubator and accelerator headed byTony Fernande...

Stadium Goods Expands to China With Exclusive Tmall Global Partnership

2016-08-05 08:00 3547

UNIQUE STOREFRONT LAUNCHES THIS SUMMER ON ALIBABA GROUP'S TMALL GLOBAL PLATFORM NEW YORK, Aug. 5, 2016 /PRNewswire/ -- This summer, STADIUM GOODS will expand into the exploding Chinese marketplace through an exclusive partnership with Tmall Global, an extension of Alibaba Group's B2C Tmall.com bu...

Eight Roads Ventures Welcomes New Partner in China

2016-08-03 18:58 6303

SHANGHAI, Aug. 3, 2016 /PRNewswire/ -- Eight Roads Ventures has appointed Joe Chang as a Partner in its China Ventures team focusing on Enterprise Technology, Consumer IT, FinTech and Services investments. He will be based in theShanghai office and starts with immediate effect. Joe joins E...

Wanda to Add 150 IMAX Theatres in Landmark Deal; Largest Agreement in IMAX History

2016-08-02 19:44 2920

SHANGHAI, Aug. 2, 2016 /PRNewswire/ -- IMAX Corp. (NYSE:IMAX) and IMAX China Holding Inc. (HKSE: 1970) today announced IMAX's largest new theatre deal ever – 150 additional theatres with Wanda Cinema Line Corp (002739.SZ). Under the agreement, the theatres will be built throughoutChina over six y...

Bitauto Announces Investor Consortium's Strategic Investment of US$550 Million in Yixin Capital

2016-08-02 18:56 1589

BEIJING, Aug. 2, 2016 /PRNewswire/ -- Bitauto Holdings Limited (NYSE: BITA) ("Bitauto" or the "Company"), a leading provider of internet content and marketing services for China's fast-growing automotive industry, today announced that an investor consortium comprised of Tencent Holdings Limited (SEH...

Max Capital Management Holding Ltd (MCM) Inked USD 5 Billion Project as Sole & Exclusive Global Marketing & Branding Advisor and Project Management Consultant for Margarana DreamCity

2016-07-29 08:00 6225

KUALA LUMPUR, Malaysia, July 29, 2016 /PRNewswire/ -- Following the successful launching of Global Investment Club (GIC) by MCM onMarch 2016, which had been covered by more than 60 international media, MCM again achieved another milestone by been appointed as the sole and exclusive Global Marketi...

Infinite RF Holdings, Inc. Announces A Merger With L-Com, Inc.

2016-07-28 18:11 3326

IRVINE, Calif., July 28, 2016 /PRNewswire/ -- Infinite RF Holdings, Inc., an urgent needs supplier of engineering-grade radio frequency (RF), microwave and millimeter-wave components and cable assemblies through their Pasternack and Fairview Microwave branded lines, today announced the acquisit...

Wanda Cinemas Forges New Online Future with Acquisition of Mtime.com

2016-07-27 20:41 2072

BEIJING, July 27, 2016 /PRNewswire/ -- Wanda Cinema Line Co., Ltd (Wanda Cinemas) has announced its plans to wholly purchase Mtime.com, China's most influential online media outlet and e-commerce service platform for films. The move marks the significant transition of Wanda Cinemas from a traditiona...

Sino-Global Signs Strategic Cooperation Agreement with COSCO Logistics

2016-07-27 20:30 1331

ROSLYN, N.Y., July 27, 2016 /PRNewswire/ -- Sino-Global Shipping America, Ltd. (NASDAQ: SINO) ("Sino-Global", the "Company" or "us"), a company engaged in shipping, chartering, logistics and related services, today announced the signing of a Strategic Cooperation Agreement (the "Agreement") with COS...

Tarena International Inc. to Report Second Quarter of Fiscal Year 2016 Results On August 15, 2016

2016-07-26 20:05 1536

BEIJING, July 26, 2016 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of professional education services in China, today announced that it will release its unaudited financial results for the second quarter of fiscal year 2016 ended June 30,...

JA Solar Reaches Important Milestone: Monocrystalline PV Product Shipments Total 7GW Over Last Decade

2016-07-26 12:09 3301

BEIJING, July 26, 2016 /PRNewswire/ -- JA Solar Holdings Co., Ltd. (Nasdaq: JASO) ("JA Solar"), one of the world's largest manufacturers of high-performance solar power products, today announced that as of middle of July this year, the company's shipments of monocrystalline PV products over the ...

IG Asia in Singapore Has Record Financial Year

2016-07-26 09:00 2857

SINGAPORE, July 26, 2016 /PRNewswire/ -- IG Group Holdings plc ("IG", "the Group" or "the Company") announces results for the year ended31 May 2016. During FY16, IG continued to put up a strong revenue performance across all geographic regions, helped by our more established markets. The Group's ...

Mr. Phil Mulacek Releases Presentation to Shareholders of InterOil Corporation and Media, Schedules Conference Call

2016-07-26 04:29 1361

HOUSTON, July 25, 2016 /PRNewswire/ -- -- InterOil shareholders will forego billions of dollars of value, including the five (5) cash payments TOTAL, S.A. has already agreed to make under its existing 2014 agreement with InterOil, unless the current proposal from Exxon is modified. -- Pre...

Nexteer Automotive to Host 2016 Interim Results Investor Conference Call on August 17

2016-07-26 04:15 2493

AUBURN HILLS, Michigan, July 26, 2016 /PRNewswire/ -- Nexteer Automotive, a global leader in intuitive motion control, today announced thatMike Richardson, Executive Board Director and Senior Vice President Strategy, andWilliam (Bill) Quigley, Senior Vice President and Chief Financial Officer, wi...

Midea Enters Fortune Global 500 for the First Time

2016-07-26 00:52 1910

SHUNDE, China, July 26, 2016 /PRNewswire/ -- Midea, one of the world's top consumer appliances manufacturers, became the first company from the Chinese household appliances industry to enter the Fortune Global 500 list, when the updated ranking of the world's largest corporations was announced on...

SMIC Announces Second Quarter 2016 Webcast Conference Call

2016-07-25 21:36 2848

SHANGHAI, July 25, 2016 /PRNewswire/ -- SMIC (NYSE: SMI, SEHK: 981) Please join SMIC's earnings conference call, with: * Dr. Tzu-Yin Chiu, Chief Executive Officer and Executive Director * Dr. Gao Yonggang, Chief Financial Officer, Strategic Planning Executive Vice President, and Executive Dir...

Baidu Announces Receipt of Withdrawal of Buyer Group's Non-Binding Offer to Acquire Qiyi.com, Inc.

2016-07-25 21:00 1330

BEIJING, July 25, 2016 /PRNewswire/ -- Baidu, Inc. ("Baidu") (NASDAQ: BIDU), the leading Chinese language Internet search provider, today announced that the special committee of the Company's board of directors received a letter from Mr. Robin Yanhong Li, chairman and chief executive officer of Baid...

China's UCAR Listed on NEEQ, the First Chauffeured Car Service Listed in China

2016-07-25 19:27 1269

BEIJING, July 25, 2016 /PRNewswire/ -- China's leading app-based chauffeured car services provider UCAR Inc. (Stock code: 838006) was listed on China's National Equities Exchange and Quotations (NEEQ) last Friday and closed at RMB 55.26, an increase of 13% from the initial offering, and a market val...

Medical Tourism Industry Valued at $439B; Poised for 25% Year-Over-Year Growth by 2025

2016-07-25 15:00 2947

PALM BEACH GARDENS, Fla., July 25, 2016 /PRNewswire/ -- In a just released report issued by VISA and Oxford Economics , the Medical Tourism industry was valued at a staggeringUSD 439 bi...

Banzai: GMV Up By 25% and Revenues Up By 20% in H1 2016

2016-07-22 03:47 2488

MILAN, July 22, 2016 /PRNewswire/ -- * Gross Merchandise Volume up by 25.1% YoY in 1H16 to Euro 134.7 million:  * +19.9% YoY total e-Commerce revenue growth to Euro 105.9 million * +27.8% YoY Revenues from Electronic Goods and Domestic Appliances and +34% for GMV * Sharp growth in the ePR...

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