Investment & Financing
UTA Announces Capital Investment from Investcorp and PSP Investments
EQUITY STAKES BY THE TWO LEADING GLOBAL INVESTMENT FIRMS WILL ACCELERATE UTA'S CHAMPIONING OF ARTISTS, CREATORS AND STORYTELLERS AND SUPPORT ITS CONTINUED EXPANSION INTO NEW AREAS OF BUSINESS BEVERLY HILLS, California, Aug. 8, 2018 /PRNewswire/ -- Leading global talent and entertainment company ...
HKBN Announces Proposed Merger with WTT to Synergise & Transform Enterprise Solution Business
* All-stock transaction valuing WTT Holding Corp. ("WTT") at HK$10.5 billion * Expands HKBN customer base and service offering and improved network coverage to better serve Enterprise clients * Transaction is conditional on HKBN shareholder and regulatory approval HONG KONG, Aug. 7, 2018 /...
Tradewind Announces Credit Facility for Electronics Technology Company in Hong Kong
HONG KONG, Aug. 7, 2018 /PRNewswire/ -- Tradewind has announced that it has provided a$2 million export factoring facility to an electronics technology company headquartered inShenzhen. The company sells USB accessories, MP3 and MP4 players, and smartwatches to well-known brands inEurope, America...
Canadian Solar Closes US$45 Million Financing with Natixis for Mexican Power Project
GUELPH, Ontario, Aug. 7, 2018 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced it has closed aUS$45 million financing with Natixis, an arm of Groupe BPCE, the second largest banking group inF...
HGC acquires a majority stake in GTMH, a leading network service provider in Myanmar
HONG KONG, Aug. 7, 2018 /PRNewswire/ -- HGC Global Communications Limited (HGC), a full-fledged fixed-line operator and ICT service provider with extensive local and international network coverage and infrastructure, is pleased to announce that on3 August 2018 a conditional share purchase agreeme...
Klook Gears Up for Next Round of Global Expansion and Innovation with US$200 Million Series D Funding
One of the world's leading travel activities and services booking platforms on track to hitUS$1 billion in bookings in 2018 HONG KONG, Aug. 7, 2018 /PRNewswire/ -- Klook, a world-leading full-service in-destination booking platform, today announced it has closedUS$200 million in Series D fundin...
CureGenetics raises $17 million in Series A Financing
SUZHOU, China, Aug. 6, 2018 /PRNewswire/ -- Cure Genetics Co., Ltd ("CureGenetics"), a biotechnology company dedicated to the development of life-saving transformative medicines and molecular diagnostics using best-in-class gene editing technologies, announced the closing of$17 million Series A ...
Recon Announces Nonbinding Agreement to Acquire 43% of Equity of Future Gas Station
BEIJING, Aug. 6, 2018 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON), ("Recon" or the "Company"), aChina-based independent solutions integrator in the oilfield service, electric power and coal chemical industries, today announced that the Company, through its affiliates Beijing BHD Petrole...
Tradewind Closes Deal for $6 Million Export Factoring Facility for Seafood Processor and Exporter Based in China
SHANGHAI, Aug. 6, 2018 /PRNewswire/ -- Tradewind has announced the closing of a deal for a $6 million export factoring facility for a reputable seafood processor and exporter based inChina. The company sells to large wholesalers and distributors located around the world and is directing Tradewind...
OneSmart Enters into Definitive Agreement to Acquire Huaying
- Significant Move to Small Class Sector SHANGHAI, Aug. 3, 2018 /PRNewswire/ -- OneSmart International Education Group Limited (NYSE: ONE) ("OneSmart" or the "Company"), one of the largest premium K-12 after-school education service provider inChina, today announced that it has through its affil...
Envision to Acquire Controlling Stake in Nissan's Electric Battery Business
SHANGHAI, Aug. 3, 2018 /PRNewswire/ -- Envision, a global leading digital energy company, today announced that it will acquire a controlling stake in Automotive Energy Supply Corporation ("AESC"), the electric battery operations and production facilities of Nissan Motor Co., Ltd. ("Nissan"). Niss...
IMPACT Therapeutics Raises $30 Million In Series C Financing
NANJING, China, Aug. 3, 2018 /PRNewswire/ -- IMPACT Therapeutics, Inc. (IMPACT), aChina-based clinical-stage biopharmaceutical company dedicated to the discovery and development of "best-in-class" medicine for the treatment of cancer and other life-threatening diseases, today announced the comple...
XPENG Motors Announces Series B+ Financing Round of RMB 4 Billion at a Post-Money Valuation Close to RMB 25 Billion
BEIJING, Aug. 2, 2018 /PRNewswire/ -- Today, XPENG Motors announces the official signing of its Series B+ round of RMB 4 billion with Primavera Capital Group, Morningside Venture Capital, as well as He Xiaopeng, Chairman and CEO of XPENG Motors, jointly leading the investment. In addition to the ...
Hanwha Q CELLS Announces Receipt of Preliminary Non-binding "Going Private" Proposal
SEOUL, South Korea, Aug. 2, 2018 /PRNewswire/ -- Hanwha Q CELLS Co., Ltd. ("Hanwha Q CELLS" or the "Company") (NASDAQ: HQCL), a global leading photovoltaic manufacturer of high-performance, high-quality solar modules, today announced that its board of directors (the "Board") has received a preli...
World's Most Popular Beauty Booking Platform Shedul.com Raises $5 Million Round, Led by Target Global, and Launches Marketplace
LONDON, Aug. 2, 2018 /PRNewswire/ -- Shedul.com, the world's most popular booking platform for salons and spas, announced today an investment of$5 million , led by Target Global, an international VC firm headquartered inBerlin, with backing fromNew York based FJ Labs. Investors personally joining ...
Farmmi, Inc. Provides Update on Status of Strategic Cooperation with Beijing Jiangqiao International Media Co., Ltd.
LISHUI, China, Aug. 2, 2018 /PRNewswire/ -- Farmmi, Inc. (the "Company") (Nasdaq: FAMI), a leading agriculture products supplier inChina, today provided an update on the status of its strategic cooperation with Beijing Jiangqiao International Media Co., Ltd ("JQ Media"). InJune 2018, the Company ...
Pulsifi selects ProximaX to Power Predictive Analytics
Pulsifi, named one of 25 Hottest Artificial Intelligence Companies 2018 in
APAC by CIO Advisor magazine, uses ProximaX blockchain solution suite to
strengthen predictive 'people analytics' engine
GIBRALTAR, SINGAPORE and KUALA LUMPUR, Malaysia, Aug. 2, 2018 /PRNewswire/ --
ProximaX Ltd.
Sunpower secures M&S contracts worth RMB135 million with one of the world's largest PTA producers
* Sunpower to manufacture core equipment for repeat customer Hengli Group, one of the Fortune Global 500 list of top-ranking corporations worldwide. * Hengli Group has one of the largest PTA[1] plants in the world, adding to Sunpower's list of leading customers in the petrochemical industry. ...
musical.ly and TikTok Unite to Debut New Worldwide Short Form Video Platform
Upgraded App, Titled TikTok, Now Available Globally LOS ANGELES, Aug. 2, 2018 /PRNewswire/ -- Today, two of the world's fastest-growing short-form video apps, musical.ly and TikTok, announced that they will unite to create a new global app. The newly upgraded platform, which keeps the TikTok nam...
Trina Solar provides modules to Vietnam's largest private PV project as demand in emerging markets soars
CHANGZHOU, China, Aug. 2, 2018 /PRNewswire/ -- On July 31, Trina Solar Limited ("Trina Solar" or the "Company") announced that the photovoltaic (PV) manufacturer is providing 258MW monocrystalline PERC double glass modules to the largest private solar PV project inVietnam. The power station, loca...
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