Corporations
China-based Tencent Holdings Ltd to acquire 20pct in Dianping.com
Tencent Holdings Ltd, the biggest Internet company in Asia, purchased a 20% stake in online review platform Dianping.com, as it steps up its location-based services, Bloomberg reported.
Australian minig firm Balamara to divest non-core assets in the Balkans for A$15.2M
Subiaco, Western Australia-based mining firm Balamara Resources Ltd agreed to divest three of its non-core assets located in the Balkans for A$15.2 million to focus on its flagship projects.
MSL Solutions purchases Australia-based online handicapping system manager Golf Link
Paddington, Australia-based golf club industry software provider MSL Solutions purchased North Sydney, New South Wales-based handicapping system manager Golf Link Partners (GLP) for an undisclosed sum to expand its company portfolio.
Singapore-based mig33 purchases AlivenotDead for undisclosed amount
Social entertainment website mig33 has purchased AlivenotDead. a community that enables celebrities to reach their target audience, TechCrunch reported. Financial terms of the deal were not provided.