Investment & Financing
Upgrade Ecommerce Trust to next level by Blockchain and InsurTech
HONG KONG, May 24, 2019 /PRNewswire/ -- Hong Kong Federation of E-Commerce (HKFEC) reached a strategic cooperation agreement with Dowsure Technologies Co., Ltd. (Dowsure) to integrate blockchain technology and consumer insurance to Hong Kong Trust Mark, and to build a trustworthy cross-border e-c...
Mafengwo Raises $250 Million in New Funding Round Led by Tencent
BEIJING, May 23, 2019 /PRNewswire/ -- On May 23, 2019, Mafengwo announced that it has raised$250 million in its latest round of funding with Tencent Holdings Limited as a lead investor, and General Atlantic, Qiming Venture Partners, Yuantai Evergreen Investment Partners, NM Strategic Focus Fund a...
APRINOIA Therapeutics Awarded Grant from The Michael J. Fox Foundation for Parkinson's Research
TAIPEI, , May 23, 2019 /PRNewswire/ -- APRINOIA Therapeutics, a clinical-stage biotechnology company with a pipeline of therapeutics and imaging diagnostics for neurodegenerative diseases, announces today that it has been awarded a research grant from The Michael J. Fox Foundation for Parkinson'...
Natura &Co and Avon join forces to create a Direct-to-Consumer global beauty leader
SÃO PAULO and LONDON, May 22, 2019 /PRNewswire/ -- Natura &Co (B3: NATU3) announces that it is acquiring Avon Products, Inc. (NYSE: AVP) in an all-share transaction, creating the fourth-largest pure-play beauty group in the world and a major force for good in the industry. The combination create...
China SXT Pharmaceuticals, Inc. Being Admitted to Hi-tech Zone of Huangshan City in Anhui Province
TAIZHOU, China, May 22, 2019 /PRNewswire/ -- China SXT Pharmaceuticals, Inc. (SXTC) ("China SXT" or the "Company"), a specialty pharmaceutical company focusing on the research, development, manufacture, marketing and sales of Traditional Chinese Medicine Pieces ("TCMPs"), announced today the laun...
Pininfarina and AMAC Aerospace Present an Innovative Cabin Concept for the Airbus A350-900
TURIN, Italy, May 22, 2019 /PRNewswire/ -- AMAC Aerospace and Pininfarina present at EBACE aninnovative cabin concept for the Airbus A350-900 aimed to innovate the onboard experience. The inspiration came from the eclectic Pininfarina design expertise ranging from thenautical to the architectural...
Saba Accelerates Employee Development for J:COM
Japan's leading telecommunications company selects Saba Cloud to create a modern learning environment that helps drive team and business goals TOKYO, May 22, 2019 /PRNewswire/ -- Saba Software's leading talent development solution has been adopted by Jupiter Telecommunications Co.,Ltd. (J:COM) t...
Luxstay raised capital from two Korean investors GS Shop & Bon Angels
HANOI, Vietnam, May 22, 2019 /PRNewswire/ -- Luxstay has just completed their bridge round of funding with the participation of two new investors from Korea: GS Home Shopping (GS Shop) and Bon Angels. ThisUS$4.5 million deal marks a substantial early stage investment for a Vietnamese tech start...
INTELLIWORX to Launch Global Public Cloud Service With OnApp
Australian MSP achieves global coverage using OnApp's unique compute cloud
federation
LONDON, May 22, 2019 /PRNewswire/ -- OnApp has announced that INTELLIWORX
The EY and Guardtime joint venture company signs agreement with China's Zhuhai Port Holdings for future collaboration
GUANGZHOU, China, May 22, 2019 /PRNewswire/ -- The EY and Guardtime marine insurance blockchain joint venture company Insurwave Limited today announces a new agreement with Zhuhai Port Holdings Group Co., Ltd. to explore and collaborate on shipping logistics and marine insurance to promote fricti...
Turkish Merchants Can Now Connect With Chinese Visitors via Alipay and ininal Partnership
ISTANBUL, May 22, 2019 /PRNewswire/ -- Leading fintech company ininal becomes Alipay's first partner in Turkey. ininal,Turkey's leading new-generation payment platform and a subsidiary of Multinet Up, today announced its collaboration with Alipay, the world's leading payment and lifestyle platfor...
Cellebrite and Relativity Partner to Deliver Data From Mobile Devices Directly into Relativity and RelativityOne
Cellebrite Legalview offers seamless integration of data from Cellebrite mobile
extractions with Relativity's comprehensive e-discovery platform
PETAH TIKVA, Israel, May 21, 2019 /PRNewswire/ -- Cellebrite
JMU Limited Acquired Unicorn Investment Limited
SHANGHAI, May 21, 2019 /PRNewswire/ -- JMU Limited (the "Company" or "JMU") (Nasdaq:JMU), a B2B online e-commerce platform that provides integrated services to suppliers and customers in the foodservice industry inChina, today announced that the Company has acquired Unicorn Investment Limited ("U...
Ivalua Exceeds $1B Valuation in New Funding Round to Accelerate Global Expansion & Technology Innovation
Investments from Tiger Global Management & Ardian Growth to drive growth in $20B+ Spend Management software market REDWOOD CITY, California, May 21, 2019 /PRNewswire/ -- Ivalua, a leading provider of globalSpend Management cloud solutions, today announced that it has raised$60 million in growth ...
Ivalua Exceeds $1B Valuation in New Funding Round to Accelerate Global Expansion & Technology Innovation
Investments from Tiger Global Management & Ardian Growth to drive growth in $20B+ Spend Management software market REDWOOD CITY, California, May 21, 2019 /PRNewswire/ -- Ivalua, a leading provider of globalSpend Management cloud solutions, today announced that it has raised$60 million in growth ...
Arthur J. Gallagher & Co. Acquires Minority Stake in Edelweiss Insurance Brokers Limited
ROLLING MEADOWS, Illinois, May 21, 2019 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced that it has purchased a minority stake in Edelweiss Insurance Brokers Limited (EIBL), a wholly owned subsidiary of Edelweiss Group, India's leading diversified financial services conglomerate. The dea...
Sercomm and Altiostar Drive Small Cell and Open vRAN Innovation
TAIPEI, , May 21, 2019 /PRNewswire/ -- Sercomm (TWSE: 5388), a leading manufacturer and supplier of telecom equipment, and Altiostar, the pioneer in open virtualized RAN (open vRAN) technology, today jointly announced the deployment of the world's first virtualized small cells which combine the ...
KPMG Predicts Three Key Consumer & Retail M&A Trends in 2019
Companies with unique propositions, such as premium offerings and innovative technology, are more likely to be successful in the Chinese market HONG KONG, May 21, 2019 /PRNewswire/ -- KPMG published its Consumer & Retail (C&R) M&A trends 2019 report in which KPMG professional provide market-leadi...
EML Payments Acquires Flex-e-Card Limited to Become the Largest Provider of Shopping Mall Gift Card Programs Globally
BRISBANE, Australia, May 20, 2019 /PRNewswire/ -- EML PAYMENTS LIMITED (ASX: EML) ("EML") is pleased to announce the acquisition of Flex-e-Card Limited ('FEC'). EML Payments Europe Limited has agreed to acquire 100% of Flex-e-Card Limited ('FEC') which trades as flex-e-card and flex-e-vouchers. ...
Jiuye SCM Lands C+ Financing from CMH Growth Fund
SHANGHAI, May 20, 2019 /PRNewswire/ -- Jiuye Supply Chain Management ("Jiuye SCM" or "the Company"),China's leading cold chain service provider, has completed its Series C+ funding led by CMH Growth Fund. Proceeds from the financing are to be used for the development of the cold chain logistics ...
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