M&A Deal Summary |
|
|---|---|
| Date | 2020-04-15 |
| Target | OOB HK |
| Sector | Marketing |
| Buyer(s) | Sharing Economy International |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Machinery |
| Employees | 2 |
| Revenue | 10M USD (2018) |
Sharing Economy International is an entity which designs, manufactures and distributes a line of proprietary high and low temperature dyeing and finishing machinery to the textile industry. The Company’s latest business initiatives are focused on targeting the technology and global sharing economy markets, by developing online platforms and rental business partnerships that will drive the global development of sharing through economical rental business models. Moreover, the Company will actively pursue blockchain technology in its existing and to-be-acquired business, enabling the general public to realize the beauty of resource sharing. Sharing Economy International was founded in 1987 and is based in Tuen Mun, China.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Marketing M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| Country: China M&A | 4 of 4 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-08-20 |
Gagfare
China Gagfare Ltd. is an online platform enabling travelers to search flights directly with over 500 airlines globally, allowing them to get the best-value airfare for their desired flight, and secure a confirmed booking instantly. Its unique book-now-pay-later solution allows travelers to pay only US$2 to secure up to nine seats, well in advance, in one booking. Travelers are not required to pay the remaining fare until the ticketing deadline specified by the individual airlines. |
Buy | - |
