Walmart has announced the acquisition of Moosejaw for $51m.

Both companies are based in the US.

Moosejaw will become part of Walmart’s e-commerce business, while operating as a standalone and complementary brand.

Isetan Mitsukoshi Holdings has announced its plans to acquire Nikko Travel for JPY3.68bn ($32.41m).

Isetan Mitsukoshi operates a department store business, while Nikko Travel is a travel agency.

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Sino Haijing Holdings has announced its plans to acquire a 9.6% stake in Lorenzo International Limited from BD Corporation for S$1.2m ($0.89m).

"The acquisition will help Sino to expand its investment portfolio."

Sino is an expandable polystyrene and paper honeycomb packaging products manufacturer and seller based in Hong Kong.

Lorenzo International is a Singapore-based lifestyle furniture designer, manufacturer and retailer, while BD is an investment holding company.

The acquisition will help Sino to expand its investment portfolio.