Rakuten Group Plans $475 Million Sale of Bank Shares to Mitigate Losses
Rakuten Group, a leading Japanese e-commerce and financial services company, has unveiled a strategic move to sell approximately $475 million…
Fantuan Secures $40 Million in Funding to Bring Authentic Asian Cuisine to Your Doorstep in Vancouver
Vancouver-based food delivery platform Fantuan has successfully raised $40 million in a recent funding round, signaling its ambition to further…
Gravel gets funding from NEA to support Indonesia’s booming construction industry
Gravel, a construction technology startup based in Indonesia, has successfully secured funding from NEA (New Enterprise Associates) to bolster the…
Igloo Secures $36 Million in Funding, Sets Sights on Achieving Profitability by 2024
In a significant development for the proptech sector, Igloo, a leading player in the space, has successfully raised $36 million…
Tata Technologies Achieves Remarkable 180% Soar in IPO Debut
In a stunning debut on the stock market, Tata Technologies, a global engineering and product development company, witnessed an extraordinary…
Ant Financial Quadruples Profit with Strategic Sale of Zomato Stake
In a strategic move that has sent ripples through the financial landscape, Ant Financial, the financial technology arm of Alibaba…
SenseTime Explores Individual Fundraising for AI Units in Strategic Move
In a groundbreaking strategic move, SenseTime, a global artificial intelligence (AI) technology company, is considering individual fundraising initiatives for its…
NomuPay Accelerates Global Expansion through Acquisition of UK-Based Payment Firm
In a strategic move to bolster its international presence and enhance its suite of financial services, NomuPay, a dynamic player…
Temu’s Disruption in Global E-commerce Signals Proximity to Alibaba’s Overtaking by Pinduoduo (PDD)
In the ever-evolving landscape of global e-commerce, Temu, an emerging player, is making waves, causing ripples that suggest a possible…
Hacker claims theft of Shadowfax users’ information
In a concerning development, a hacker has recently claimed the theft of user information from Shadowfax, a prominent logistics and…