Investment & Financing
Fosun Announces Strategic Investment into Israeli FinTech Platform The Floor
Fosun's Partnership will Promote The Floor's Unique Platform to Asia's Financial Industry and Accelerate its Global Business Expansion SHANGHAI and TEL AVIV, Isreal, Aug. 16, 2018 /PRNewswire/ -- Fosun and Fosun Hani Securities Limited ("Fosun Hani") jointly announced a strategic investment o...
GCP Hospitality, a member of Gaw Capital Partners, expands its Australia portfolio by acquiring Bell City mixed-use development in Melbourne
HONG KONG, Aug. 15, 2018 /PRNewswire/ -- Real estate private equity firm Gaw Capital Partners announced the acquisition of Bell City mixed-use development for AUD$157 million inMelbourne's Preston precinct through its funds under management and its hospitality arm, GCP Hospitality. Bell City, lo...
True IDC and BBIX announces the establishment of a Joint Venture to enable Thailand in becoming A World Class Internet Exchange Hub of ASEAN
BANGKOK, Aug. 15, 2018 /PRNewswire/ -- True Internet Data Center Co., Ltd., a
leading full-service data center and cloud service provider inThailand, and
BBIX, Inc., the fastest growing Internet Exchange Service Provider under
SoftBank Corp. announced the establishment of a joint venture.
Openspace Ventures Closes Fund 2 at Hard Cap of US$135mm
SINGAPORE, Aug. 14, 2018 /PRNewswire/ -- Openspace Ventures (previously NSI Ventures) is pleased to announce the final close of Fund 2 onAugust 10, 2018 with total subscriptions accepted up to US$135mm. Including Fund 1, Openspace now has in total US$225mm committed capital from its limited partn...
Hexindai Acquires Equity Stake in Indonesian Online Lending Platform Musketeer
BEIJING, Aug. 14, 2018 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace inChina, announced that it entered into definitive agreements to acquire a 20% equity stake in Musketeer Group Inc. ("Musketeer") onAugust 9, 2018, an Indon...
China's co-working Unicorn ucommune completes US$43.5mn funding, led by Prosperity Holdings
BEIJING, Aug. 14, 2018 /PRNewswire/ -- China's largest co-working space provider ucommune announced today to have raised300mn RMB (US$43.5mn) in a new round funding, prompting the market valuation toUS$1.8bn. This round was led by Prosperity Holdings, which also led the pre-C round last year in J...
Avanade Acquires Loud&Clear And Creates Its First Digital Innovation Studio In Asia Pacific
Acquisition enhances Avanade's ability to offer clients innovation-led design experiences focused on the Microsoft ecosystem MELBOURNE, Australia, Aug. 14, 2018 /PRNewswire/ -- Avanade, the leading digital innovator on the Microsoft ecosystem, announced today it has acquired Loud&Clear, an indep...
Salim Group makes strategic investment in Youtap
SINGAPORE and JAKARTA, Indonesia, Aug. 14, 2018 /PRNewswire/ -- Youtap Limited ("Youtap") has entered into a partnership with Indonesian conglomerate Salim Group ("Salim") to establish operating companies in multiple markets to carry on the business of providing e-Money applications and solutio...
Moviebook Completes $197.5 Million Financing, Setting a New Record Among Chinese Video Tech Startups
BEIJING, Aug. 13, 2018 /PRNewswire/ -- Moviebook, a leading visual technology company inChina completed the D round financing of $197.5 million, setting a financing record in the field of artificial intelligence image production. The investors included SenseTime, SBCVC, OPG , PAC, Qianhai Wutong ...
China Literature to Acquire New Classics Media
HONG KONG, Aug. 13, 2018 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company", stock code: 0772.HK), a leading online literature platform inChina, today announced that it has entered into a definitive agreement with the senior management team of New Classics Media ("NCM")...
Godrej Process Equipment Acquires Yuba and Ecolaire Brands From SPX Heat Transfer, USA
MUMBAI, India, Aug. 13, 2018 /PRNewswire/ --
Enhances capabilities to serve the Power sector
Godrej Process Equipment
Johnson & Johnson Medical Korea Ltd. and Johnson & Johnson Innovation Announce Launch of Seoul Innovation QuickFire Challenge: Robotics & Digital Surgery
- In Collaboration with Seoul Metropolitan Government and KHIDI * QuickFire Challenge seeks to identify and accelerate game-changing, early-stage innovations in the areas of robotics and digital surgery from around the world. * Winners will receive up to KRW 150,000,000 (approximately U...
Fang Completes Equity Acquisition in Wanli
BEIJING, Aug. 10, 2018 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang"), the leading real estate Internet portal inChina, today announced that it has completed the acquisition of a 10% equity interest in Chongqing Wanli New Energy Co., Ltd. ("Wanli"), a company listed on the Shanghai S...
Daekyo Acquires Global AI-Based Math EdTech Company Knowre
SEOUL, South Korea, Aug. 10, 2018 /PRNewswire/ -- Daekyo Co., Ltd. (
www.daekyo.co.kr
HORIBA Automotive Test Systems Signs Agreement to Acquire FuelCon AG
OBERUESEL, Germany, Aug. 10, 2018 /PRNewswire/ -- * Acquisition will assert HORIBA's position as a leading solutions provider in the development of battery and fuel cell systems for electrified vehicle * Allows FuelCon to access HORIBA's global network and provide validation solutions for in...
AGM Group Holdings Inc. Acquires Minority Equity Interest in Canadian Currency Exchange Company
BEIJING, Aug 9, 2018 /PRNewswire/ -- AGM Group Holdings Inc. ("AGM" or the "Company") (NASDAQ: AGMH), a financial technology ("FinTech") company providing trading platform solutions and enabling technologies for brokerage firms and other financial institutions, today announced that it has entered...
China Lending Corporation Announces $20 Million Capital Injection for its Financial Leasing Business
BEIJING, Aug. 9, 2018 /PRNewswire/ -- China Lending Corporation ("China Lending" or the "Company") (Nasdaq: CLDC), a non-bank direct lending corporation servicing micro, small and medium sized enterprises (MSME), currently underserved by commercial banks inChina, today announced that, on August ...
Digital Domain Debuts The Latest Holographic Concert Teresa Teng - The Legend Through Collaboration with Prism Entertainment and Teresa Teng Foundation
The Integration of Technology and Culture Ushers in a New Era of Holograms HANGZHOU, China, Aug. 9, 2018 /PRNewswire/ -- Digital Domain Holdings Limited ("Digital Domain" or "the Group", stock code: 547), one of the largest and most innovative providers of visual effects and virtual reality (VR)...
AxiCorp to Acquire One Financial Markets (OFM) as Global Expansion Continues
Combined operation will bring AxiCorp among the top 10 FX and CFD global providers SYDNEY, Aug. 9, 2018 /PRNewswire/ -- Australian-owned Forex (FX) and Contracts For Difference (CFD) trading provider AxiCorp has announced that it will acquire UK-headquartered One Financial Markets (OFM). The dea...
EasyStack Completes Series C++ Round of Financing with Strategic Investment from JD.com
BEIJING, Aug. 9, 2018 /PRNewswire/ -- EasyStack, China's open source cloud computing market leader, announced that it has completed its Series C++ round financing, led by a strategic investment from JD.com. As part of the agreement, both parties have committed to establishing an all-encompassing ...
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