Business
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Backed by Chinese Rock Star Wang Feng, China’s FIIL to be the next Beats by Dr. Dre
Wang Feng, with his aim to bring FIIL to global heights, has launched itself on Kickstarter in December, taking pre-orders for the Carat Pro, a set of wireless headphones that are equipped with some sporty…
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Indonesia-based reinsurer Marein to raise US$41 rights issue in 2017
Indonesia reinsurer Marein is looking to raise US$ 41 million capital in a rights offering, selling up to 130 milion new shares by June next year.
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Singapore-based e-commerce enabler Shopmatic buys technology consulting firm 5X Ruby
Singapore-based e-commerce technology firm Shopmatic has acquired Taiwan’s Ruby on Rail’s technology firm 5X Ruby for an undisclosed amount. The move was done in part to strengthen the company’s research and development team as well…
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Japan’s Outsourcing Inc acquires German Orizon Holding for US$85.2 million
Japanese-listed corporate Outsource Inc has acquired the full stake in German temporary work recruitment agency Orizon Holdings for US$85.2 million.
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Airbnb to increase fundraising round to US$ 1 billion
Airbnb Inc authorised the sale of an additional US$153 million in equity, bringing the size of its current fundraising effort to about US$1 billion.
