Tencent Holdings, the biggest Internet company in China, could get a 16% stake in online retailer JD.com, according to a Chinese business newspaper, Reuters reported.
Limited Liability Company
Breaking News
Makati, Philippines-based holding firm Berjaya Philippines Inc will buy a 50% stake in London, UK-based property firm RBW Holdings Ltd in a cash deal valued at PHP3.7 million.
Indian entrepreneur and angel investor Sashi Reddi is backing Hyderabad-based fast food restaurant chain Hello Curry with INR3 crore from his seed-stage venture fund Sri Capital.
Powa Technologies Ltd has rolled out PowaTag, its e-commerce application that helps retailers and brands to reach their target customers and encourage them to buy their products, TechCrunch reported.
London, UK-based marketing solutions provider St Ives Group completed the purchase of digital marketing firm Realise Holdings Ltd in a deal valued at £21.7 million to enhance its product offerings.
Perth, Australia-based mineral sands explorer Iluka Resources Ltd announced that it will pick up an 18.3% stake in Rotherham, UK-based metal powder producer Metalysis for ₤12.2 million ($A22.5 million).
North Carolina, US-based lower middle market capital provider Triangle Capital Corporation invested $14.8 million in Des Plaines, Illinois-based environmental protection and hazardous waste handling firm Justrite Manufacturing Company LLC.
Los Angeles, US-based industrial real estate firm Rexford Industrial Realty Inc purchased the Ontario Airport Business Park in a deal valued at around $8.55 million through a 1031 Exchange.
Texas, US-based private equity firm Rock Hill Capital Group invested an undisclosed amount in Oklahoma City-based firm Park Energy Services LLC to support its vision of growth and expansion.
Tencent Holdings Ltd and JD.com Inc are in talks to join forces and consolidate their e-commerce operations, according to two people familiar with the matter interviewed by Bloomberg.
Petah Tikva, Israel-based ClickSoftware Technologies Ltd entered a deal to add Mountain View, US-based mobile workforce management firm Xora Inc for a cash consideration of around $14.7 million.
Fayetteville, US-based startup CycleWood Solutions Inc secured $1.45 million in funding from Dallas-based venture capital firm Trailblazer Capital LLC for the commercialization of its biodegradable grocery bags.
New York, US-based investment advisor Jana Partners took a majority stake in Sunnyvale, California-based networking equipment manufacturer Juniper Networks for an undisclosed amount, according to a regulatory filing.
Thailand-based online entertainment firm Asiasoft Corporation Public Company Ltd is buying out the entire 30% stake of Philippine-based online game publisher IP E-Game in Level-Up to gain a 70% controlling stake in the latter.
New York, US-based hedge fund Libra Advisors will pick up a $7.2% stake in Auckland, New Zealand-based business developer Rubicon to support that latter's future forestry biotech project.
