Thursday, May 2, 2024
State-owned investment organization Temasek easily becomes one of the largest shareholders of management firm BlackRock following a purchase of another 3.9 percent shares worth $3.5 billion. The Singapore-based company was among the huge players who went after the $14 billion...
Google Cloud is slated to invest $100 million into telehealth provider Amwell following its initial public offering (IPO) filing with the Securities and Exchange Commission (SEC) on Monday, August 24, 2020. The news comes after Teladoc and Livongo teamed...
IKEA stores owner Ingka Group pledges to make a €600 million investment (approximately $712 million) towards meeting its sustainability goals over the next 12 months. The investment comes as Ingka Group gears itself to meet the Swedish furniture maker’s...
Investment platform Groww announced a $21.4 million funding led by venture capital firms Ribbit Capital, Sequoia India, and Y Combinator. The investment app targets millennials and earlier generations to invest in commission-free mutual funds. Groww, a three-year-old startup attracted about...
Software firm Oracle Corp. and retail corporation Walmart Inc. recently announced their plan to invest in TikTok Global, Bloomberg reported. When combined, the two companies will hold 205 of the social media entity. The firms will acquire the shares during...
The Indian government has recently got rid of its policy that compelled foreign weapons, aircraft, and military hardware weapons to invest in the country said Bloomberg. Prime Minister Narendra Modi led this development. According to the report, the Prime Minister...
BTS’ agency, Big Hit Entertainment, launched its two-day initial public offering (IPO) public subscription last Monday, October 5, 2020. This two-day affair comes ahead of its initially planned mid-October IPO launch. According to The Korea Times, the price per share...
United Kingdom-based electric vehicle startup company Arrival gets the support of its latest investor, United States funds manager BlackRock Inc., with a $118 million investment. Prior to the BlackRock investment, Reuters states that the electric auto manufacturer was valued...
In the midst of the pandemic where nations are fighting for survival, the United Nations calls to invest in culture and bring countries to solidarity. With an emphasis on arts, music, and culture, the intergovernmental organization sees the importance of...
Egypt-based fashion e-commerce platform Brantu successfully raised a seven-figure investment in its recent Series A funding round. The round was led by Sawari Ventures, a leading Egyptian venture capital firm. According to MENAbytes, the exact amount of investment remains undisclosed....

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