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myfisensemyfisenseOctober 22, 2021
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Google has held discussions to invest over $50 million in Indian social commerce startup Meesho, which recently secured $570 million in a financing round, according to a source familiar with the matter. The Android-maker, which has backed over half a dozen startups in India, has yet to make the investment in Meesho, according to another person […]

myfisensemyfisenseOctober 20, 2021
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British digital bank Zopa has raised $300 million from investors including Japan’s SoftBank Group, it said on Tuesday, as the lender looks to expand its business ahead of a possible listing as soon as next year. The funding round values Zopa at around 750 million pounds ($1.03 billion), a source familiar with the details of […]

myfisensemyfisenseOctober 20, 2021
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According to Bloomberg, Netflix’s pre-recorded call to shareholders announcing its third-quarter results gives us another glimpse at how successful Squid Game was. Around 142 million households worldwide watched the Korean-language show about debt-ridden individuals playing a deadly game for a cash prize worth tens of millions of dollars. That makes it the most-viewed new show in Netflix history, […]

myfisensemyfisenseOctober 20, 2021
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Facebook is planning to rebrand the company with a new name to focus on building the metaverse, according to a report by The Verge.  CEO Mark Zuckerberg will unveil its new name at the annual Connect conference on October 28, but it could announce the new name earlier, as reported by The Verge. Facebook, which has […]

myfisensemyfisenseOctober 20, 2021
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Walmart Inc-backed robotics and automation company Symbotic is in talks to merge with a blank-check vehicle backed by SoftBank Group Corp in a deal that would value the combined firm at $4.5 billion, Sky News reported on Monday. An agreement with SVF Investment Corp 3 could be reached within weeks, the report said, citing an […]

myfisensemyfisenseOctober 20, 2021
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German airline Lufthansa (LHAG.DE) and British peer easyJet (EZJ.L) on Wednesday gained backing from Europe’s second top court for their acquisitions of insolvent German carrier Air Berlin’s assets four years ago. Lufthansa received the EU green light from the European Commission in 2017 to buy Air Berlin’s subsidiary LGW in return for giving up some slots at Duesseldorf airport. […]

myfisensemyfisenseOctober 20, 2021
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A wholly-owned unit of Abu Dhabi Investment Authority (ADIA) has signed an agreement to lead the pre-IPO round of Indonesia’s largest tech group GoTo with a $400 million investment, according to a statement on Wednesday. The deal marks ADIA’s Private Equities Department’s first investment in a Southeast Asian technology business, and also its biggest investment […]

myfisensemyfisenseOctober 19, 2021
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Asia-Pacific logistics specialist LOGOS has entered into binding arrangements to acquire a 100% freehold interest in a significant parcel of land from Qantas Airways Limited near Sydney Airport for A$802 million ($595 million). LOGOS said the purchase was backed by the Abu Dhabi Investment Authority via the LOGOS Australia Logistics Venture (LALV) as well as […]

myfisensemyfisenseOctober 19, 2021
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Brazilian banking and payments tech platform Pismo raised $108 million in an investment round led by Japan’s SoftBank Group Corp, Amazon.com Inc, and global venture capital firm Accel, it announced on Tuesday. According to Pismo, which was founded in 2016, it’s second funding round is aimed at fueling the company’s global expansion and accelerating the […]

myfisensemyfisenseOctober 19, 2021
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Toyota Motor is joining other major automakers in putting its money behind electrification, said on Monday it would invest $3.4 billion in battery development and production in the United States through the end of the decade. The investment, which comes through the Japanese automaker’s North American arm, includes plans for a new $1.3 billion electric […]

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