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June 22, 2018updated 27 Jul 2018 6:54am

Deals this week: Haoyiku, Everpia Joint Stock, Parfett

Haoyiku has raised funds through a Series A venture funding round led by IDG Capital.

Haoyiku has raised funds through a Series A venture funding round led by IDG Capital.

The funding round has also involved participation from Vision Plus Capital and K2VC.

Haoyiku is an e-commerce firm, while K2VC, Vision Plus and IDG are venture capital firms.

All the companies involved in the transaction are based in China.

Everpia Joint Stock Company intends to raise $10.1m through a private placement of bonds.

Based in Vietnam, Everpia is engaged in bedding and padding businesses.

The bonds will pay a coupon rate of 1% per year.

The firm intends to use the funds for product development and expansion of business operations.

Parfett’s Cash and Carry is set to acquire the Cash and Carry business of Blakemore Wholesale based in Middlesbrough, UK.

The deal increases the number of Parfett’s stores to seven and enables the retailer to offer a Cash and Carry and delivered wholesale service, along with Go Local Retail Club formats from the Midlands to the north of England.

The acquisition is expected to be completed on 22 June. All the 33 employees at Blakemore Wholesale Middlesbrough will be transferred to Parfett’s, upon completion of the transaction.

“Google intends to invest $550m in JD.com, under a strategic partnership to jointly develop retail solutions in Southeast Asia, the US, and Europe.”

Metro has collaborated with six consumer product companies for selling some of its brands or stock-keeping units in select states.

Based in Germany, Metro is a wholesaler with operations in 35 countries.

The agreement allows for the sale of SC Johnson’s All Out spray, Coca-Cola pop cans and Aquirius Glycocharge in most states, as well as Mondelez’s Halls and Perk brands in northern states and Vadilal frozen ready meal range in India.

Hudson Group has announced a three-year extension of its contract with Fraport Maryland in order to increase its retail operations.

The contract extension covers a 15,900ft² retail space at Baltimore-Washington International Thurgood Marshall Airport (BWI) and also converts two Hudson News locations to store concepts.

Based in the US, Hudson Group provides different store concepts, including travel essentials and convenience stores, bookstores, duty-free shops, branded speciality stores, electronics stores, as well as quick-service food and beverage outlets.

Google intends to invest $550m in JD.com, under a strategic partnership to jointly develop retail solutions in Southeast Asia, the US, and Europe.

Based in the US, Google is a global technology firm, while JD.com is an e-commerce company based in China.

The companies will generate next-generation retail infrastructure solutions that support personalised shopping experiences.

Google will also receive 27,106,948 newly issued JD.com’s Class A ordinary shares at $20.29 each, as part of the agreement.