Investment & Financing
L Catterton Asia and Mitsui & Co.'s Investment Arm Make Equity Participation in OWNDAYS
TOKYO, Nov. 12, 2018 /PRNewswire/ -- OWNDAYS Inc. ("OWNDAYS"; President and CEO: Shuji Tanaka), the holding company of the OWNDAYS group, is pleased to announce that it has entered into an agreement with two companies -- L Catterton Asia ("LCA") and Mitsui & Co., Principal Investments Ltd. ("MCPI"...
China Customer Relations Centers, Inc. Announces Receipt of Preliminary Non-Binding "Going Private" Proposal at $16.00 per Common Share
TAI'AN, China, Nov. 11, 2018 /PRNewswire/ -- China Customer Relations Centers, Inc. (NASDAQ: CCRC) ("CCRC" or the "Company"), a leading call center business process outsourcing ("BPO") enterprise based inChina, today announced that its board of directors (the "Board") has received a preliminary n...
KaDa Story Upgrades Brand to Enter Global Children's Reading Market, Secures A+ Round Financing from Trustbridge
BEIJING, Nov. 9, 2018 /PRNewswire/ -- On October 30th, KaDa Story held a brand upgrading conference in Beijing where they revealed the update of the company's Chinese name and their new slogan, "We've Got All The Good Stories". Additionally, KaDa Story has secured nearly RMB100 million of A+ roun...
Rostec develops components for Russian-Chinese CR929 aircraft
ZHUHAI, China, Nov. 9, 2018 /PRNewswire/ -- Technodinamika (Rostec's holding) has completed R&D to design the landing gear concept for the CR929 wide-body liner. Technodinamika's specialists have also made a presentation for COMAC in Shanghai on the fire protection and crew oxygen supply systems...
Bostik Expands in Instant Engineering Adhesives
COLOMBES, France, Nov. 9, 2018 /PRNewswire/ -- Arkema is expanding in engineering adhesives with the announcement of the acquisition of Afinitica, a Spanish company specializing in instant adhesives, also known as cyanoacrylates. This small targeted acquisition will enable Bostik to develop a s...
"Happy Farmer" Brings Travelers a Unique Local Experience in Kaohsiung
KAOHSIUNG, , Nov. 9, 2018 /PRNewswire/ -- In these years, the Agriculture Bureau of Kaohsiung City Government presents "Happy Farmer", a local experience tour in international travel affairs. In this October, theBureau cooperates with Local Alike, a local tour platform inThailand, to introduce va...
Ping An Good Doctor, UMP and Zheng He Announce Strategic Cooperation
SHANGHAI and HONG KONG, Nov. 9, 2018 /PRNewswire/ -- Ping An Good Doctor (the "Company", stock code: 1833.HK), UMP Healthcare Holdings Limited ("UMP", stock code: 722.HK) and Zheng He Health and Medical Resources Limited ("Zheng He") today announced their strategic cooperation. The three parties ...
LightInTheBox Signs Definitive Agreement to Acquire Leading Southeast Asian Cross-Border E-commerce Platform Ezbuy
BEIJING, Nov. 8, 2018 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to consumers around the world, today announced the execution of a share purchase agreement for the strategic acquis...
Berry Genomics and Prenetics Establish JV to Enter China's Consumer Genetics Market
- Global genetics testing market expected to be worth USD 50-billion per annum by 2026[1] BEIJING and HONG KONG, Nov. 8, 2018 /PRNewswire/ -- China's leading clinical genomics testing company, Berry Genomics (SHE: 000710), and Prenetics Limited -- the leading consumer digital health and genetics...
Cyberport Venture Capital Forum 2018 Drives Next Wave of Tech Investment
Cyberport Investors Network facilitates investment-matching, raising over HK$234 million HONG KONG, Nov. 8, 2018 /PRNewswire/ -- Cyberport Venture Capital Forum (CVCF), Cyberport's annual tech investment flagship event, kicked off its two-day annual forum today, bringing together investor icons,...
KKday Announces Series B+ Financing Round Led by Strategic Investors LINE Ventures and Alibaba
TAIPEI, , Nov. 8, 2018 /PRNewswire/ -- KKday
Swarovski and SCAD Hong Kong creative partnership nurtures next generation of fashion design talent
HONG KONG, Nov. 8, 2018 /PRNewswire/ -- Creative collaboration between
Swarovski and theSavannah College of Art and Design (SCAD) Hong Kong supports
students in their final graduate collection.
HuiyiHuiying Closes Funding Round Led by Intel Capital
BEIJING, Nov. 7, 2018 /PRNewswire/ -- HuiyiHuiying (HY), a leading medical imaging artificial intelligence (AI) company inChina, today announced the previous close of a strategic investment led by Intel Capital with participation of Beijing Singularity Power Investment Fund (SPC), marking the fi...
HK-Based Tech Startup PressLogic Raises $10M USD Series A+ Funding
* The round was closed by Meitu, Inc. (SEHK:1357), China's leading image processing and social sharing platform * Funds will be used to expand overseas female lifestyle content and user-generated content (UGC) markets, optimize its self-developed data-driven analytics software, as well as to ...
KPS Capital Partners Portfolio Company C&D Technologies To Acquire Trojan Battery Company
NEW YORK, Nov. 6, 2018 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that its portfolio company C&D Technologies, Inc. ("C&D") has agreed to acquire Trojan Battery Company, LLC ("Trojan") from Charlesbank Capital Partners, LLC and other shareholders. Financial terms of the tr...
AirMedia Announces the Sale of 20.32% of its Advertising Business and Realignment of its Business Components
BEIJING, Nov. 6, 2018 /PRNewswire/ -- AirMedia Group Inc. ("AirMedia" or the "Company") (Nasdaq: AMCN), an operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market, today announced that Beijing Linghang Shengshi ...
Electrolux and Karma Introduce a Smart Fridge to Reduce Food Waste
STOCKHOLM, Nov. 6, 2018 /PRNewswire/ -- Electrolux, together with the startup Karma, introduces a smart refrigerator for grocery stores. The refrigerator, beta launched today, will be integrated with Karma's app and will contribute to the reduction of food waste by making it easier for supermar...
Fosun Completes the Acquisition of Guide Investimentos
Central Bank of Brazil approved the negotiation announced last year SAO PAULO, Nov. 6, 2018 /PRNewswire/ -- Fosun announces the conclusion of the acquisition of 69.14% of Guide Investimentos, after the approval of the Central Bank ofBrazil. Under the agreement, Fosun paid R$ 167.9 million, with a...
Standard Textile Acquires Luxury Italian-Based Global Hospitality Business Including the Mascioni Hotel Collection Brand
Acquisition expands Standard Textile's leadership position in the hospitality market and strengthens growth opportunities CINCINNATI, Nov. 5, 2018 /PRNewswire/ -- Standard Textile Co., Inc., a global leader in the hospitality and healthcare textile markets, announces today it has reached an agre...
Gibbs Amphibians Set to Establish Humdinga Assembly Subsidiary in Qatar
DOHA, Qatar, Nov. 5, 2018 /PRNewswire/ -- Gibbs Amphibians (Gibbs) is establishing a strategic partnership with the Madaeen Al Doha Group to supply and assemble the Gibbs Humdinga. The subsidiary, called Gibbs Amphitech, will be based inQatar and will supply Gibbs products in the region and other...
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