Enterprise
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Chinese B2B e-commerce platform Huimin to acquire Sequoia-backed Beequick
Huimin, a Beijing-based neighbourhood store startup has yesterday acquired Sequoia-backed Beequick, an online to offline delivery service. Financial details of the agreement were not disclosed.
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Standard Chartered Private Equity acquires Chinese beauty center operator Siyanli
Standard Charted Private Equity (SCPE) has acquired a majority stake in Siyanli, a Chinese beauty center operator. Post-acquisition, Zhu Wei will take the role of chairman at Siyanli.
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Razer acquires Nextbit, the maker of cloud-based smartphone Robin
Nextbit, the startup responsible for cloud-based smartphone Robin has become part of the Razer Family. However, Nextbit will remain as a standalone business, continuing to support the Robin smartphone while enhancing the Android ecosystem.
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Chinese Tianmei Beverage Group to IPO on Australian Securities Exchange by February 2017
China’s Tianmei Beverage Group is seeking for an IPO on the Australian Securities Exchange (ASX) board with the aim of raising between A$8 to A$10 million.
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Vietnamese buyout firm PHI Group to acquire majority stake in agribusiness HMC
PHI Group, a U.S.-based private equity investment firm has recently acquired the majority stake in Vietnamese agricultural company HMC which specialises in the cultivation and processing of turmeric.
