Investment & Financing
Accera closes new investment led by Asia's leading agribusiness group, Wilmar, and rebrands as Cerecin
SINGAPORE, Oct. 4, 2018 /PRNewswire/ -- Brain health-focused pharmaceutical company Accera, Inc., today announced the first close of an investment round under its new company name, Cerecin (the "Company"). The round was led by new investor, Wilmar Ventures Pte. Ltd. ("Wilmar"), a wholly owned su...
Singapore Conglomerate's New Musang King Orchard Project Grasping New Export Opportunities to China
HONG KONG, Oct. 4, 2018 /PRNewswire/ -- The king of fruits - durian has gone viral inHong Kong in recent years. Musang King (D197), a top-notch species among all kinds of durian, is highly sought after by Hongkongers. Different kinds of related products are all over the city. The craze not only t...
LexisNexis Risk Solutions and iMeta Technologies Join Forces to Reduce Financial Crime Risk for Financial Institutions
New alliance greatly enhances the efficiencies of a traditional Client Lifecycle Management platform ATLANTA and LONDON, Oct. 3, 2018 /PRNewswire/ -- LexisNexis® Risk Solutions, a part of RELX Group (LSE:REL/NYSE: RELX), today announced an alliance with iMeta Technologies, a leader in Client Lif...
Blue Horizon Developments Announces Strategic Partnership with Kos Mopolitan Hospitality and Wyndham Hotels & Resorts on 'Ramada Plaza Grand Himalai Oceanfront Residences'
BANGKOK, Oct. 3, 2018 /PRNewswire/ -- Blue Horizon Developments, in collaboration with Wyndham Hotels and Resorts and leading hospitality management company Kos Mopolitan to provide the blend of management, technical skills, and operational expertise, officially launched Ramada Plaza Grand Himal...
Wecash and its 32-year-old founder are driving this joint bid for a virtual bank license in Hong Kong
BEIJING, Oct. 3, 2018 /PRNewswire/ -- On September 25, 2018, South China Morning Post published a report,Wecash and its 32-year-old founder are driving this joint bid for a virtual bank license inHong Kong. We have been authorized by South China Morning Post to repost the report, which follows. ...
China's FEG Secures US$15 Million in Series A Funding
SHANGHAI, Oct. 3, 2018 /PRNewswire/ -- Chinese eSports company FEG accounced on 29th September that it had closed its Series A funding round of close to 100 million Chinese Yuan (US$15 million). The funding was led by China Sports Capital, joined by SAIF Partners and Sea of Stars Capital. China ...
Ping An Good Doctor Forms Joint Venture with Grab to Provide One-Stop Healthcare Services in Southeast Asia
SHANGHAI and HONG KONG, Oct. 3, 2018 /PRNewswire/ -- China's leading one-stop healthcare ecosystem platform,Ping An Good Doctor (01833.HK, hereinafter "PAGD"), announced that it has entered into a subscription agreement with Grab for a joint venture inSoutheast Asia. The joint venture will be pri...
Origin Agritech Announces Origin e-Commune Network and a New Joint Venture, Expanding Business from Seeds to Other Agricultural Products and Services
BEIJING, Oct. 2, 2018 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED), ("the Company" or "Origin") an agriculture technology and rural e-commerce company, today announced that the Company has started Origin e-Commune Network and entered a new joint venture inHubei Province with five major agr...
Alter Domus Global Get-Together Marks Growth And Success Milestones - 15 Years, 2,000 Staff, One Cruise -
LUXEMBOURG, Oct. 2, 2018 /PRNewswire/ -- To celebrate its 15th anniversary and to highlight the sterling work its staff has performed in this time,Alter Domus , a fully integrated Fund and Corporate Services provider, invited its entire staff of close to 2,000 people to a three-day conference of f...
Bright Scholar Enters into Agreement to Acquire Bournemouth Collegiate School
FOSHAN, China, Oct. 2, 2018 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), the largest operator of international and bilingual K-12 schools inChina*, today announced that it signed an agreement to acquire Bournemouth Colleg...
Electrolux Strengthens Its Professional Beverage Offering by Acquiring SPM Drink Systems
STOCKHOLM, Oct. 2, 2018 /PRNewswire/ -- Electrolux today announced it has acquired SPM Drink Systems, an Italian leading manufacturer of professional dispensers of frozen and hot beverages and soft ice-cream, as part of the strategy to increase its presence in the hospitality industry. The exten...
9F Group Notches Series E Funding from World's Leading FinTech Company SBI
HONG KONG, Oct. 2, 2018 /PRNewswire/ -- China's leading fintech company 9F Group announces today that it has received a new round of Series E Financing from world-renowned FinTech company SBI Holdings, Inc. (SBI), after China Xinda (Hong Kong) Holdings Co., Ltd., Focus Media Chairman Jiang Nanchu...
Johnson & Johnson Completes Divestiture of LifeScan to Platinum Equity
NEW BRUNSWICK, New Jersey, Oct. 2, 2018 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) today announced that it has completed the divestiture of its LifeScan business to Platinum Equity for approximately$2.1 billion. LifeScan, Inc. is a world leader in blood glucose monitoring and maker of the On...
MINISO Officially Announced Winning Strategic Investment of CNY 1 Billion from Tencent and Hillhouse Capital
GUANGZHOU, China, Oct. 1, 2018 /PRNewswire/ -- On September 30, a famous retail company, MINISO, announced that it has signed a strategic investment agreement withTencent and Hillhouse Capital for a total of RMB 1 billion. This is the first external financing of MINISO since its founding in 2013....
DrumG Technologies raises $6.5mm Series A from ConsenSys AG to build next generation enterprise blockchain-based business networks for global financial services
HAMILTON, Bermuda, Oct. 1, 2018 /PRNewswire/ -- DrumG Technologies, a financial technology company focused on building and operating next generation enterprise distributed ledger-based applications for the regulated global financial services industry, today announces a$6.5-million Series A minori...
LINE FRIENDS Globally Launches First-ever Character Collaboration with Bang & Olufsen's Premium Speaker Featuring 'BROWN'
SEOUL, South Korea, Oct. 1, 2018 /PRNewswire/ -- LINE FRIENDS, one of the world's fastest growing global character brands, has announced that it will launch 'Bang & Olufsen X LINE FRIENDS Beoplay P2 BROWN Limited Edition' (Beoplay P2 BROWN) globally fromOctober 4 in collaboration with renowned g...
MINISO Officially Announced Winning Strategic Investment of CNY 1 Billion from Tencent and Hillhouse Capital
GUANGZHOU, China, Oct. 1, 2018 /PRNewswire/ -- On September 30, a famous retail company, MINISO, announced that it has signed a strategic investment agreement withTencent and Hillhouse Capital for a total of RMB 1 billion. This is the first external financing of MINISO since its founding in 2013....
Aspire Capital Helps Singapore Go Green
SINGAPORE, Oct. 1, 2018 /PRNewswire/ -- Singapore evisions itself as a zero-waste nation. While the direction we are moving in is right, our recycling rate still stands at 61%[1] compared to San Francisco's (US) 80% as a comparison - and that means lots of work still needs to be done. Some small ...
PingCAP Raises $50 Million in Series C Round, and Yunqi Partners Offers Supports in Three Consecutive Rounds
BEIJING, China, Oct. 1, 2018 /PRNewswire/ -- PingCAP, a leading distributed database company that created the popular cloud-native NewSQL database TiDB, announces a$50 million Series C funding round led by FOSUN and Morningside Venture Capital. All previous investors—China Growth Capital, Yunqi P...
Spin Master Signs Strategic Cooperation Agreement with Alibaba
The partnership will be committed to strengthening digital, brand, and
marketing capabilities for both companies
TORONTO, Sept. 29, 2018 /PRNewswire/ -- Spin Master Corp. (TSX:TOY;
www.spinmaster.com
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