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Mobile internet platform application development company seeks $160M

Mobile internet platform application development company seeks $160M

Jun 4, 2013 | Asia, China, Deals, East Asia

Business Summary: With $500M registered capital, the Company has been successfully designed and developed mobile e-commerce client, pocket bank client, video playback client, newspaper reading client, hospital reservation and registration client, mobile shopping...
Temasek Increases Stake in ICBC as Goldman Ends Holding

Temasek Increases Stake in ICBC as Goldman Ends Holding

Jun 4, 2013 | Asia, China, East Asia, News

Bloomberg 22 May 2013 Temasek Holdings, Singapore’s state-owned investment company, boosted its stake in Industrial & Commercial Bank of China Ltd. for the third time in a year as Goldman Sachs Group exited its seven-year-old investment. Temasek bought 280 million...
Ctrip Invests up to RMB40M (around $6.5M) in 133.cn

Ctrip Invests up to RMB40M (around $6.5M) in 133.cn

Jun 4, 2013 | Asia, China, East Asia, News

Pedaily.cn 30 May 2013 Ctrip Vice President Jiang Hao confirmed to reporters on May 29 that the Company had been officially allied with 133.cn; the latter will split Ctrip’s affiliated Express Hotel Butler, an application product for searching and reserving economy...
Fishing Company Swallows Competition

Fishing Company Swallows Competition

Jun 4, 2013 | Central & Eastern Europe, China, East Asia, News, Russia

Moscow Times 31 May 2013 A fishing company co-owned by the brother of Moscow region acting Governor Andrei Vorobyov has purchased two smaller rivals in a $190 million deal that will make its pollock catch the biggest in the country, a news report said Friday. Maxim...
Goldman said to join Alibaba loan team as IPO nears

Goldman said to join Alibaba loan team as IPO nears

Jun 4, 2013 | Asia, China, East Asia, News, North America

Reuters 03 June 2013 (Reuters) – Goldman Sachs has joined Alibaba Group’s $8 billion loan with $500 million in financing as the Chinese e-commerce giant prepares for a massive initial public offering expected to come as early as the fourth quarter of this...
Mobile internet platform application development company seeks $160M

Samsung Acquires 10% Shares of Pantech at a Price of US$48M

Jun 3, 2013 | Asia, East Asia, News

Pedaily.cn 23 May 2013 Samsung confirmed that it has agreed to buy 10% shares of Pantech, the third largest cellphone maker in Korea, at a price of KRW53B (about US$48M) and would make investments in hardware area afterwards. Previously, Samsung has established the...
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