SHANGHAI, April 30, 2020 /PRNewswire/ — On April 29th, 24Tidy (Shanghai) Network Technology Inc. announced its 950 million RMB acquisition of Tiantian Laundry (Guangzhou) Co., Ltd. in its strategy press conference in Beijing. As one of the largest online life…
Tencent Music Completed Investment in Radio Music, a Leading Music-for-business Provider in China
SHENZHEN, China, April 28, 2020 /PRNewswire/ — Tencent Music Entertainment (TME) (NYSE: TME) announced it has completed an equity investment in Radio Music Warehouse, a leading music company that provides music streaming solutions to business use in China, on April…
58.com Converted Profit Participation Right and Acquired Shares of Golden Pacer
BEIJING, April 23, 2020 /PRNewswire/ — 58.com Inc. (NYSE: WUBA) (“58.com” or the “Company”), China’s largest online classifieds marketplace, today announced that it closed the transaction whereby it converted its profit participation right with respect to Golden Pacer into approximately 40.0% of the…
Sohu.com Announces Completion of Changyou Going-Private Transaction
BEIJING, April 18, 2020 /PRNewswire/ — Sohu.com Limited (NASDAQ: SOHU) (“Sohu”), China’s leading online media, video, search and gaming business group, today announced that it has completed the acquisition of all of the outstanding shares of Changyou.com Limited (“Changyou”) that…
Changyou.com Announces Completion of Going-Private Transaction
BEIJING, April 18, 2020 /PRNewswire/ — Changyou.com Limited (“Changyou”) (NASDAQ: CYOU), a leading online game developer and operator in China, today announced the completion of the merger (the “Changyou Merger”) contemplated by the Agreement and Plan of Merger (the “Merger…