Monday, April 29, 2024
Ride-hailing giant Uber will be leading a $170 million investment deal in Lime, an electric scooter and bike rental company. The news comes after Uber announced its plans to lay off approximately 3,700 people or 14% of its staff...
Kylie Jenner, owner of the beauty empire Kylie Cosmetics, is reportedly in talks with Coty. According to sources, cosmetics giant Coty is slated to purchase 51 per cent of the company for $600 million. Kylie Jenner, hailing from the Kardashian-Jenner...
Singapore’s Golden Gate Ventures and South Korea’s Hanwha Asset Management Co. is teaming up to provide a Southeast Asian investment fund. The joint venture aims to raise $200 million, funding technology start-ups that specialize in financial inclusion technologies within...
State Grid Corporation of China nears Oman Electricity Holding Company, Nama, acquiring 49 percent of the company’s stake, announced last Sunday, December 15. The Electricity Holding Company, known as Nama, secured the deal with the Chinese buyer, as part...
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...
Life360, a family social networking and tracking app, has unveiled a new funding round that will work alongside celebrity investors and influencers. To assist define the company's product development and marketing in the future, they will create a new...
US multinational tech and retail company Amazon pledges to take part in reducing carbon emission and orders 100,000 electric delivery vans from a Michigan-based startup. Founder and CEO Jeff Bezos announced Thursday, Sept. 19, the company’s plan to shift to...
The global impact investment market is now worth around $502 billion, according to a report. Launched on April 1, the report titled "Sizing the Impact Investment Market” by Global Impact Investing Network (GIIN) is claimed to be the most comprehensive...
Mexican food chain Taco Bell will begin a new venture in travel and hospitality with its newest hotel and resort in Palm Springs, California. Dedicated to super fans of the food chain, the brand is offering Taco Bell-themed weddings and...
The government of Ethiopia recently passed a law that will enable Ethiopian in other parts of the world to invest in the country’s financial services industry. Quartz Africa reports that this move will open up the country’s industry which...

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