Investment & Financing

Guazi Announces Series B Financing

2017-06-16 14:00 4220

BEIJING, June 16, 2017 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com"), China's largest online marketplace serving local merchants and consumers, today announced that Guazi.com Inc. ("Guazi"), the Company's minority-owned entity that operates a consumer-to-consumer (C2C) used car trading ...

Day-long 'Dialogue' Held on Sino-US Economic Relations

2017-06-16 13:17 3308

NEW YORK, June 16, 2017 /PRNewswire/ -- A high-level group of Chinese and American dignitaries and more than 30 scholars from leading think-tanks of both countries discussed an array of topics during a day of dialogue on Sino-American relations, including greater economic cooperation and the Belt...

Fosun and Hauck & Aufhauser Privatbankiers are key partners of the G20 Young Entrepreneurs' Alliance (G20 YEA) Summit to promote the Protechting program

2017-06-16 12:01 4429

BERLIN, June 16, 2017 /PRNewswire/ -- * As key partners of the G20 YEA, Fosun Group and German private bank Hauck & Aufhauser Privatbankiers show their support to young entrepreneurs and innovation * Ms. Lan Kang, representing Fosun Group, delivered an inspiring speech to encourage young ...

TuSimple Becomes First San Diego Company To Test Self-Driving Vehicles

2017-06-16 09:00 3432

SAN DIEGO, June 15, 2017 /PRNewswire/ -- TuSimple joins the ranks of GM, Google, Tesla, and Ford this week in acquiring a permit from the California Department of Motor Vehicles to test autonomous driving vehicles on the road. TuSimple's autonomous systems can now tackle real Southern California ...

2017 Manufacturing Leadership Awards Program Honors Trailblazers of Industry Transformation

2017-06-16 00:07 4528

Industry 4.0 Pioneer Dr. Detlef Zühlke, Leo Reddy and The Dow Chemical Company receive top honors SANTA CLARA, Calif., June 16, 2017 /PRNewswire/ -- Last night at the 13th Annual Manufacturing Leadership (ML) Awards Gala, produced by Frost & Sullivan's Manufacturing Leadership Council, top honor...

Professionalism Training for Gaming Practitioners: Graduating Class Honoured and New Cohort Inaugurated

2017-06-15 21:29 5370

Co-organised by Macau Federation of Trade Unions, Labour Affairs Bureau and Sands China Ltd. MACAO, June 15, 2017 /PRNewswire/ -- Sands China's first group of team members to graduate from theProfessionalism Training for Gaming Practitioners programme were honoured Thursday at The Venetian® Maca...

Southeast Asia Presents New Opportunities from Belt and Road Initiative, Canton Fair Paves Solid Foundations for Participating Countries

2017-06-15 21:00 5836

GUANGZHOU,China, June 15, 2017 /PRNewswire/ -- The influence of China's Belt and Road Initiative (B&R), the government's development strategy to boost economic development along the Silk Road Economic Belt and 21st Century Maritime Silk Road, was felt at the 121st Canton Fair, where nearly 90,000...

3rd China-CEEC Investment and Trade Expo Closes In Ningbo As Major Success

2017-06-15 20:29 4583

NINGBO, China, June 15, 2017 /PRNewswire/ -- The 3rd China-CEEC Investment and Trade Expo ("the Expo") has closed inNingbo, Zhejiang, province, China, where the city signed a range of agreements and deals with Central and Eastern European (CEE) countries in trade, investment and cultural exchan...

Merck Expands Distribution Agreement with Public Health England

2017-06-15 20:00 3343

- Merck to become global distributor of the European Bank of iPS Cells, excludingJapan - Extension of relationship with Public Health England for global distribution of cost-efficient, authenticated cell lines DARMSTADT, Germany, June 15, 2017 /PRNewswire/ -- Merck

ReneSola Announces First Quarter 2017 Results

2017-06-15 19:45 4313

SHANGHAI, June 15, 2017 /PRNewswire/ -- ReneSola Ltd ("ReneSola" or the "Company") (www.renesola.com ) (NYSE: SOL), a leading fully-integrated solar project developer and provider of energy efficient technology products, today announced its unaudited financial re...

Frost & Sullivan Commends Seven Bridges' Scalable Genomic Data Analysis Platform Solution

2017-06-15 19:25 2614

Seven Bridges recognized for its success in enabling pharmaceutical research and development and national genomics projects SANTA CLARA, California, June 15, 2017 /PRNewswire/ -- Based on its recent analysis of the genomics informatics industry, Frost & Sullivan recognizes Seven Bridges with the...

The9 Limited Signs Definitive Agreement Regarding Private Placement

2017-06-15 19:00 2698

SHANGHAI, June 15, 2017 /PRNewswire/ -- The9 Limited (the "Company" or "The9") (NASDAQ: NCTY), an online game operator, today announced that it has entered into a definitive agreement with IE Limited, a company incorporated under the laws of Korea with shares listed on the Korean Securities Deale...

Yingli Green Energy Reports First Quarter 2017 Results

2017-06-15 18:21 3616

BAODING, China, June 15, 2017 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), one of the world's leading solar panel manufacturers, known as "Yingli Solar," today announced its unaudited consolidated financial results for the qua...

KHC acquires 7% stake in Careem for $62M

2017-06-15 18:00 4348

RIYADH, Saudi Arabia, June 15, 2017 /PRNewswire/ -- Kingdom Holding Company (KHC) chaired by HRH PrinceAlwaleed Bin Talal Bin Abdulaziz Alsaud, acquired a 7% stake in Careem through a Secondary Share purchase as well as participating in the latest Primary Round E-1 Capital Raise amounting to a to...

LightInTheBox Reports First Quarter 2017 Financial Results

2017-06-15 18:00 3978

BEIJING, June 15, 2017 /PRNewswire/ -- -- Net Revenues Increase 8.0% Year-over-Year -- Conference Call to be Held at 8:00AM ET on June 15, 2017 LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to con...

Green4U Technologies, Inc. and Panoz Reveal All-Electric Road-Racing Sports Car Concept

2017-06-15 17:20 4289

LE MANS, France, June 15, 2017 /PRNewswire/ -- Green4U Technologies, Inc., formed in 2016 to provide electric vehicles (EVs) and EV technologies, and Panoz, a Green4U company, today unveiled an all-electric race car concept with the goal of delivering performance and range similar to internal com...

Understanding the capital-driven tie-up between COOCAA and Tencent

2017-06-15 17:00 3952

The content battle in the color TV 3.0 era BEIJING, June 15, 2017 /PRNewswire/ -- On June 6, 2017, COOCAA, a subsidiary of Chinese TV manufacturer Skyworth Group, announced that the company had received a300 million yuan investment from Tencent, giving the internet giant a 7.7142 percent stake i...

Asia-Pacific Renewable Energy Inverters Market Leverages Favourable Targets and Feed-in Tariffs to Catalyse Growth, finds Frost & Sullivan

2017-06-15 16:21 5606

Value-added, consumer-centric business models and consolidation key to new growth opportunities, finds Frost & Sullivan's Energy & Environment team SINGAPORE, June 15, 2017 /PRNewswire/ -- While the Asia-Pacific renewable energy (RE) inverters market is reaching maturity, theSoutheast Asia market...

WIPO: Global Innovation Index 2017 - Switzerland, Sweden, Netherlands, USA, UK Top Annual Ranking

2017-06-15 16:00 2447

GENEVA, June 15, 2017 /PRNewswire/ -- Switzerland, Sweden, the Netherlands, the USA and the UK are the world's most-innovative countries, while a group of nations includingIndia, Kenya, and Viet Nam are outperforming their development-level peers, according to the Global Innovation Index 2017 c...

The UK Looks East To Find Business Opportunities in Guangzhou

2017-06-15 16:00 1794

GUANGZHOU, June 15, 2017 /PRNewswire/ -- The southern Chinese city of Guangzhou is further fortifying its position as a key trade and investment hub for major western economies. Last year, the volume of registered goods trading betweenGuangzhou and Europe reached $19.08 billion. The United King...

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