On the evening of July 3, 2018, Shengxunda (300518.SZ) announced its decision to take a 67% stake in TopFun Technology Co., Ltd. (TopFun) for RMB 502.5 million. On July 20, 2018, the acquisition was approved by the shareholders. CEC Capital served as the
September 21, 2017- China’s leading online movie ticketing platforms Maoyan and Weiying announced a strategic merger via formation of a new company called Maoyan-Weiying. Enlight Media, Weiying, Tencent and Meituan-Dianping will be the main shareholders of the newly created entity.
Yum China Holdings, Inc. ("Yum China") (NYSE: YUMC) recently announced that it has entered into a definitive agreement to acquire a controlling interest in the holding company of DAOJIA.com.cn ("Daojia").
Codoon Sports, a leading mobile app for runners, announced today that it had completed a $50 million Series C financing led by Focus Media, the leading outdoor advertising company listed on the A-share market, and FountainVest, a private equity fund manag
Today, Weichat Film and Gewara officially announced their merger. After the merger, dual brand Wechat ticket and Guevara will keep independent operation, share common resources, keep team structure remains unchanged.
Jiangyin Zhongnan Heavy Industries Co., Ltd. (002445), an A-share listed company engaged in the manufacturing of industrial machinery, announced today that it had entered into definitive agreements to acquire 100% of Shenzhen Zhishang Interactive Technolo