Investment & Financing
Nanjing Ying Peng Becomes Major Shareholder of China Cord Blood Corporation
HONG KONG, Jan. 31, 2018 /PRNewswire/ -- China Cord Blood Corporation (NYSE: CO) ("CCBC" or the "Company"), a leading cord blood bank operator in China, today announced that Nanjing Ying Peng Hui Kang Medical Industry Investment Partnership (limited partnership) ("Nanjing Ying Peng"), via its su...
Engine Biosciences Raises $10 Million in Seed Financing to Accelerate Drug Discovery Using Genomics and Artificial Intelligence
San Francisco- and Singapore-based biotech company raises $10 million in seed round from leading American and Asian investors; round was co-led by DHVC (Danhua Capital) and 6 Dimensions Capital, with participation from WuXi Apptec, EDBI, Pavilion Capital, Baidu Ventures, WI Harper, and Nest.Bio V...
Electrolux - President and CEO Jonas Samuelson's Comments on the Results for the Fourth Quarter 2017
STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- Electrolux reached an operating margin of 6.1% during 2017, an improvement of close to 20%. This was an important step on the journey towards profitable growth, supported by a strong focus on product portfolio management and cost efficiencies. The year e...
Electrolux Consolidated Results 2017
STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- Highlights of the fourth quarter of 2017 * Net sales increased to SEK 32,366m (32,144) * Organic sales growth was 4.0%, contribution from acquisitions and divestments was 1.4% while currency translation had a negative impact of 4.7% * Operating inco...
Avaya Acquires Spoken Communications, a Leading Contact Center as a Service Provider
DUBAI, UAE, January 31, 2018 /PRNewswire/ -- Avaya Holdings Corp. (NYSE: AVYA), a leading global business communications company announced it has signed a definitive agreement to acquire Spoken Communications ("Spoken"), a leading innovator in Contact Center as a Service (CCaaS) solutions for e...
Kaneka Aerospace Has Acquired the Composites Portfolio of Henkel Corporation to Further Strengthen Growth, Sales, and Market Position of Kaneka Aerospace Composites
SAN FRANCISCO, Jan. 31, 2018 /PRNewswire/ -- Kaneka Corporation's (Tokyo, Japan , President:Mamoru Kadokura) wholly owned subsidiary, Kaneka Americas Holding, Inc. ("KAH") (Texas, USA, President and CEO: Kazuhiko Fujii), wholly owned subsidiary, Kaneka Aerospace, LLC ("KAE") (California, USA, Pres...
Sterlite Power Acquires 28.4% Stake in its Transmission Infrastructure Business From Standard Chartered Private Equity for INR 1,010 Cr
MUMBAI, India, Jan. 30, 2018 /PRNewswire/ -- * Highest absolute return in the Power and Utilities sector in India * Standard Chartered set to make 2x returns in a short span of 3.5 years Sterlite Power has acquired the 28.4% stake in its transmission infrastructure business from Standard Cha...
U.S. Companies in China Increasingly Upbeat on Economy Despite Ongoing Regulatory Challenges
Latest AmCham China survey developed in collaboration with Bain & Company also finds greater optimism about future of U.S.-China relations BEIJING, Jan. 30, 2018 /PRNewswire/ -- Confidence within the American business community towardChina's economy is strengthening, despite significant concerns...
Cision Pre-Releases Select Preliminary Unaudited Fourth Quarter and Full Year 2017 Results; Provides Initial Full Year 2018 Outlook
CHICAGO, Jan. 29, 2018 /PRNewswire/ -- Cision Ltd. (NYSE: CISN), a leading global provider of software and services to public relations and marketing communications professionals, today reported select preliminary unaudited financial results for the fourth quarter and year endedDecember 31, 2017....
Sharing Economy International Enters into Exclusivity Agreement with JoGeep Regarding Potential Acquisition to Expand Travel Rental Services with Blockchain and A.I. Platform
HONG KONG, Jan. 29, 2018 /PRNewswire/ -- Sharing Economy International, Inc. ("SEII" or "the Company") (NASDAQ: SEII) today announced that its wholly-owned subsidiary, EC Rental Ltd. ("EC Rental"), has entered into an exclusivity agreement with the shareholders of JoGeep ("JoGeep"), regarding a p...
Hexindai Attends 13th Beijing International Finance Expo
BEIJING, Jan. 29, 2018 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace inChina, today announced that it attended the 13th Beijing International Finance Expo which was held fromJanuary 25-28, 2018, at the Beijing Exhibition Cent...
Sohu.com Reports Fourth Quarter And Fiscal Year 2017 Unaudited Financial Result
BEIJING, Jan. 29, 2018 /PRNewswire/ -- Sohu.com Inc. (NASDAQ: SOHU), China's leading online media, video, search and gaming business group, today reported unaudited financial results for the fourth quarter and fiscal year ended December 31, 2017. Fourth Quarter Highlights * Total revenues were...
Sogou Announces Fourth Quarter and Full Year 2017 Results
BEIJING, Jan. 29, 2018 /PRNewswire/ -- Sogou Inc. (NYSE: SOGO) ("Sogou" or "the Company"), an innovator in search and a leader inChina's internet industry, today announced its unaudited financial results for the fourth quarter and full year 2017, endedDecember 31, 2017. Fourth Quarter 2017 High...
Changyou Reports Fourth Quarter 2017 and Fiscal Year 2017 Unaudited Financial Results
BEIJING, Jan. 29, 2018 /PRNewswire/ -- Changyou.com Limited ("Changyou" or the "Company") (NASDAQ: CYOU), a leading online game developer and operator inChina , today announced its unaudited financial results for the fourth quarter and fiscal year endedDecember 31, 2017. Fourth Quarter 2017 Highl...
Vieworks Displays its New VIVIX Digital Radiography Detectors at Arab Health 2018
ANYANG, South Korea and DUBAI, United Arab Emirates, Jan. 29, 2018 /PRNewswire/ -- Vieworks, a leading provider of integrated imaging solutions, showcases its extensive portfolio of flat panel detectors alongside its high-performance flat panel detector model, VIVIX-S 1417N at Arab Health 2018. T...
China Internet Nationwide Financial Services Inc. Launches Public Beta Version of AnyInfo, a Vertical Search Engine and Big Data Platform for Enterprises
BEIJING, Jan. 26, 2018 /PRNewswire/ -- China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS) ("CIFS" or the "Company"), a leading financial advisory services company, today announced the public launch of the beta version of AnyInfo, a vertical search engine and big data platform coveri...
Siliconware Precision Industries Reports Unaudited Consolidated Financial Results for the Fourth Quarter of 2017
TAICHUNG, , Jan. 26, 2018 /PRNewswire/ -- Siliconware Precision Industries Co., Ltd. ("SPIL" or the "Company") (Taiwan Stock Exchange: 2325, NASDAQ: SPIL) today announced that its consolidated sales revenues for the fourth quarter of 2017 wereNT$ 21,623 million, which represented a 1.5% decline ...
Future FinTech Announces Digital Assets Transfer Agreement
XI'AN, China, Jan. 25, 2018 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a financial technology company and integrated producer of fruit-related products, today announced that onJanuary 23, 2018, one of its wholly owned subsidiaries, DigiPa...
Food&HotelAsia celebrates Ruby Jubilee with an exclusive menu designed by award-winning chefs
SINGAPORE, Jan. 25, 2018 /PRNewswire/ -- Food&HotelAsia
Frost & Sullivan: Brazilian IT Providers Expand their Offering to Cloud and Managed Services to Increase Revenue
Cloud services adoption and data center management increase need for IT services despite economic uncertainty SAO PAULO, Jan. 25, 2018 /PRNewswire/ -- The latest Frost & Sullivan research, Brazilian IT Outsourcing Market, Forecast to 2021, sheds light on the impacts of recent technological innova...
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