Investment & Financing
Tappy exhibits wearable payment solution in cooperation with Expresspay Card at Money20/20
HANGZHOU, China, Nov. 14, 2018 /PRNewswire/ -- Between November 14 and 16, 2018 , wearable payment technology pioneer Tappy Technologies exhibits its wearable payment solution in collaboration with Expresspay Card at Money20/20. Relying on Expresspay Card, Tappy provides customers with diversified...
Infinities Strategically Acquires Renren's SNS Business to Build Socialized AI Media Matrix
BEIJING, Nov. 13, 2018 /PRNewswire/ -- Beijing Infinities Interactive Media
Co., Ltd. ("Infinities") announced that an agreement has been reached with
Renren Inc. (NYSE: RENN) ("Renren") to acquire all tangible and intangible
assets of www.renren.com
Ucommune Raises USD200 mn D-round Funding from Major Investors
BEIJING, Nov. 14, 2018 /PRNewswire/ -- Asia's fastest-growing and largest co-working space today announcedUS$200mn in D-round funding, three months after its previous funding round, making it the largest single round so far. This round of funding is led by All-Stars Investment Limited, which foc...
Thailand's Smart Visa Made Easier to Help Foreign Experts
Three more eligible business activities added and conditions relaxed BANGKOK, Nov. 14, 2018 /PRNewswire/ -- The Thai government has improved requirements and conditions for the Smart Visa in order to provide greater convenience for foreign investors and experts in targeted industries who are eit...
Renren Announces Disposal of All Assets in its Renren Social Networking Service Business to Beijing Infinities
BEIJING, Nov. 13, 2018 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren"), which operates a social networking service (SNS) business, used car business and SaaS business, today announced that Beijing Qianxiang Wangjing Technology Development Co., Ltd., aChina-incorporated subsidiary wholly contr...
Dathena announces closing of Pre-Series A round, led by CerraCap Ventures
SINGAPORE, Nov. 14, 2018 /PRNewswire/ -- Dathena Science, the Leading AI-powered Data Protection and Management Platform announces closing of Pre-Series A funding round led by CerraCap Ventures, a global AI investment Venture fund headquartered inCalifornia. "At a time when organizations are inv...
Cobalt 27 Announces Normal Course Issuer Bid, US$6.8 Million Settlement of Insurance Claim and Corporate Update
TSX Venture: KBLT OTCQX: CBLLF FRA: 27O TORONTO, Nov. 14, 2018 /PRNewswire/ -- Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV:KBLT)(OTCQX: CBLLF)(FRA: 27O), announces that the Company has received settlement of its insurance claim related to the loss through theft of 76 tonnes...
Alliance Ventures Invests in Enevate to Advance Li-ion Battery Technology for Electric Vehicles
PARIS and IRVINE, California, Nov. 14, 2018 /PRNewswire/ -- Enevate's silicon-dominant Li-ion technology features extreme fast-charging capabilities with high energy density and improved safety Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has announced toda...
Union Bridge Holdings Signs MOU with APrevent Medical Inc.
HONG KONG, Nov. 13, 2018 /PRNewswire/ -- Union Bridge Holdings Limited (OTCQB: UGHL) ("Union Bridge" or the "Company"), through its subsidiary First Channel Limited ("First Channel"), has signed a Memorandum of Understanding ("MOU") with APrevent Medical Inc. ("APrevent") regarding a potential sh...
F1 Oncology's International Affiliate, EXUMA Biotechnology, Announces Acquisition Of Strategic CAR-T Assets
Shanghai EXUMA Biotechnology to Develop Novel Solid Tumor CAR-T Programs Under Centralized Regulatory Pathway from Investigator-Initiated Studies Currently Underway inShanghai SHANGHAI and WEST PALM BEACH, Florida, Nov. 13, 2018 /PRNewswire/ -- F1 Oncology, Inc., a biotechnology company discover...
Travel Tech Company Sojern Announces Financing Round Led By TCV
Sojern to expand its business with travel brands worldwide and accelerate into
new markets
SAN FRANCISCO, Nov. 13, 2018 /PRNewswire/ -- Sojern
Ridecell Expands Series B Equity Round and Increases Funding to Over $60M
Expansion into Autonomous Ridehailing Sparks Additional Top-Tier Investor Interest SAN FRANCISCO, Nov. 13, 2018 /PRNewswire/ -- Ridecell Inc., a leading carsharing, ridesharing and autonomous ridehailing platform for new mobility operators, announced that it has expanded its Series B equity inve...
PwC and the Russian Venture Company Reveal Russian Venture Capital Market Grows by 48%
MOSCOW, Nov. 13, 2018 /PRNewswire/ -- In 2017, the market for venture transactions in Russia showed an increase for the first time in recent years,growing by 48% to reach USD 243.7 million, comparedwith USD 165.2 million in the previous year. As in 2016, the total size of the venture capital ec...
VoltDB and MapR Technologies Join Forces to Support Machine Learning for Real-Time Decision Making
Companies combine real-time data processing with artificial intelligence to
continuously drive in-event decisioning for maximum value
BEDFORD, Massachusetts, Nov. 13, 2018 /PRNewswire/ -- VoltDB
LINE FRIENDS Unveils Collaboration with ROY WANG with the Release of 'ROY6' at its New York Times Square Store
* Chinese millennial idol ROY WANG makes his presence with its unique characters in the US * LINE FRIENDS launches character merchandise for 'ROY6' newly created in collaboration with Chinese millennial's idol star,Roy Wang in the U.S. starting fromNovember 17 * ROY6 demonstrated the phenom...
Ubitus contracted with BITMAIN, teaming up to explore Cloud-AI computing market
TAIPEI, , Nov. 12, 2018 /PRNewswire/ -- Today (Nov 12th), Ubitus, the largest cloud gaming platform inEast Asia, announced that it will adopt Sophon AI chips and related hardware products developed by BITMAIN, a world-leading IC design company, which are expected to be built at Ubitus's IDC inJap...
GTR Ventures Announces Three New Deals during Singapore Fintech Festival
LONDON and SINGAPORE, Nov. 12, 2018 /PRNewswire/ -- GTR Ventures, the world's first investment and venture-building platform specialised in trade and supply chain, has announced three new deals with Lucidity, iLoan and RM-Tech. These three investments, representing an expanded pivot towards marke...
SKF Invests SEK 200 Million in St Cyr, France
GOTHENBURG, Sweden, Nov. 12, 2018 /PRNewswire/ -- SKF is investing SEK 200 million in upgrading and modernizing its logistics and bearing remanufacturing centres in St Cyr,France. The logistics centre investment improves customer service levels and lead-times by bringing component storage from a...
ShopUp Raises $1.62 Million Seed Round Led by Omidyar Network
SINGAPORE, Nov. 12, 2018 /PRNewswire/ -- ShopUp
UOB and Grab announce strategic regional alliance to accelerate the use of digital services among ASEAN's consumers
Alliance will fuel Grab's ambition to build ASEAN's first everyday "super app" and complement UOB's efforts to scale up its regional customer franchise SINGAPORE, Nov. 12, 2018 /PRNewswire/ -- United Overseas Bank Limited (UOB) and Grab today announced they have entered into a strategic allianc...
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