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Saudi’s Seera Group, a reimagined Al Tayyar Travel Group, has reportedly collaborated with the Saudi Air Connectivity Program, an initiative the government took to enhance and develop tourism air connectivity in ...
French-based software startup, Stockly is reportedly raising another $12 million (€12 million) in a Series A round from Daphni, Eurazeo, and several other business angels. Ap...
Amidst rising efforts for promoting cashless travel, prominent mobile payment providers in Asia have recently announced an integration of the cross-border digitalized payment solutions from Alipay+ in South Korea. ...
Singapore's sovereign wealth fund, GIC has agreed to pay around $2.2 billion to buy a majority stake in Sani/Ikos Group, a Mediterranean luxury resort operator, marking the largest transaction in the European resor...
CATL, a Chinese battery manufacturer and technology company, has reportedly introduced a new battery technology known as Module to Bracket (MTB) for heavy-duty electric trucks. As...
Sigmoid, a leading data solutions company helping firms in the U.S., U.K., and Europe, has reportedly raised $12 million, following a strong year of growth, in a new funding round. ...
Employment agency company, Cross Country Healthcare, Inc., has recently announced that it is entering into a strategic pact to procure the assets of Mint, LP (Mint Medical Physician Staffing) and Lotus, LLC (Lotus Medi...
Cruise, an American self-driving technology unit, is reportedly all set to unveil commercial robotaxi services across Phoenix, and Austin, Texas, two major spots for autonomous vehicle development, in the next 3 months...
Innovative global leader, COPC Inc. has reportedly announced a new partnership with the CCMG (Contact Centre Management Group) in South Africa. According to credible sources, this...
Ultimate payment platform, Yuno has reportedly partnered with leading payments intelligence company, Fraugster, to offer easy access to online merchants for compliance, fraud prevention, and revenue uplift solutions wi...
eBaoTech Corporation, a technology solution provider, has recently publicized that its InsureMO® platform has been selected by Ageas Group (Ageas) for its digital transformation as part of the Group’s Impact2...
American multinational investment management and financial services company, Morgan Stanley has reportedly described RIL’s (Reliance Industries’) current investment cycle as less aggressive, further stating...
Flipkart, an Indian e-commerce major, has recently announced its intentions to invest USD 449.6 million in the construction of three new automated fulfillment centers in India. ...
Mercedes-Benz expects to see at least 25% of its sales in India come from electric vehicles within the next five years, according to Mercedes-Benz India MD and CEO Martin Schwenk during the unveiling of the AMG EQS 53....
The leading offline Point-Of-Sale (POS) business, Ezetap, which was formed to make in-person offline payments simpler, has been acquired by fintech behemoth Razorpay, through a deal worth USD 200 million. ...
Tencent Holdings Ltd., a Chinese conglomerate, is reportedly planning to sell a fraction of its 17% stake in shopping platform Meituan to pacify domestic policymakers and capitalize on an investment made eight years ag...
Coinbase, the largest cryptocurrency exchange platform, reported a steep dip in its revenues and profits in the June quarter, with a net loss of USD 1.1 billion and revenue falling sharply by about 60% as compared to t...
Nvidia Corp. has reportedly warned that the slowdown in its gaming business would cause its second-quarter revenues to decline by 19% from the previous quarter, further causing the chip maker's shares to fall by ne...
Luxury good group LVMH Moët Hennessy Louis Vuitton reported second-quarter revenues beyond analysts’ expectations, with extensive progress in the United States and retrieval in Europe which helped mitigate t...
Logitech International’s chief in command, Bracken Darrell reportedly still believes that the Swiss American company will be able to recoup the losses it suffered due to a decline in sales over the past few month...
Harley-Davidson Inc.'s two-week manufacturing outage, which began on May 19 and elevated the motorcycle maker's order backlog, has reportedly led to the company reevaluating its profit outlook for this year. As...
The statistical figures of Tata Consultancy Services (TCS) for Q1-FY23 have reportedly showcased a mixed outcome of revenues surpassing estimates but with disappointing margins. A...
The U.S. FDA (Food and Drug Administration) is reportedly planning to instruct Juul Labs Inc. to stop supplying its e-cigarettes in the country. Shares of Altira, which owns a 35% stake in Juul Labs, fell to 8.5% after...
Various suppliers are reportedly working along with Walmart to reduce the overall prices. According to some senior Walmart executives, these suppliers are responding to the retailer’s efforts despite facing high ...
Indian food delivery giant Zomato Limited has reported a net loss worth USD 46 million in Q4 of FY2021-22 despite witnessing a 75% growth in revenue to USD 156 million as opposed to USD 89 million it earlier recorded d...
Swiggy, an Indian food delivery giant, has recently announced an agreement with Times Internet to buy Dineout, a dining and restaurant technology platform. Swiggy will use the acquisition to enter the dining out (non-d...
Indian online travel company MakeMyTrip recently revealed that its bookings for premium and super luxury hotels have increased by a whopping 150% during the pandemic. The company claimed that more Indians are now trave...
EV charging network Charge Zone has reportedly partnered with Marriott International Inc. to install electric vehicle charging stations across the hotel chain’s Indian properties. ...
Walmart Inc. is reportedly ending sales of tobacco in some stores which in turn has severely impacted shares of Philip Morris and Altria Group Inc., the latter known for selling Marlboro cigarettes in the U.S. The mult...
Licious, a Bengaluru-based start-up that offers fresh seafood, meat, and other fresh animal protein online, has reportedly raised USD 150 million from a group of late-stage investors in what seems to be a prelude to th...
Aston Martin has reportedly collaborated with Britishvolt to develop next-generation batteries designed specifically for high-performance vehicles. As per the Memorandum of Understanding (MoU), the duo plans to reach n...
As the viability of EVs is getting realized, auto manufacturers are increasingly directing their efforts towards this space. Recently, Hyundai Motor Co. announced plans to invest USD 79.21 billion through 2030, includi...
Zoomo, an Australian firm that makes utility e-bikes for delivery drivers, has closed its Series B round after raising an additional USD 20 million in equity funding. The round was led by Collaborative Fund and other s...
Despite 2021 being a record year for new IPOs in India, most of the tech startups are pushing for a delay in their stock market debut. This comes as some high-profile companies tanked during their respective public lis...
Major Australian entertainment group Crown Resorts Ltd has reportedly agreed to a buyout deal of USD 6.3 billion from private equity group Blackstone Inc which already held about 10% of the former. ...
A deal for the sale of Arm Ltd. by SoftBank Group Corp. to Nvidia Corp, a U.S. chipmaker, has reportedly collapsed. It is believed that Arm will instead opt for an IPO rather than the sale, which could have been worth ...
Audi is reportedly contemplating the viability of fabricating electric vehicles domestically in India with a view to manufacture at threshold volumes and reach more customers, as the automaker intends to go all-electri...
Scaler Academy, an Indian educational platform that upskills working professionals, has reportedly raised USD 55 million in a Series B funding round which was led by Lightrock India and others. The Bengaluru-based star...
Lamborghini India reportedly recorded an 86% growth in 2021 as compared to the previous year. The supercar manufacturer completed the delivery of 69 cars this year, according to the Head of Lamborghini India, Sharad Ag...
Indian grocery entrepreneurs have been enticing tech-savvy clients with the promise of 10-minute deliveries, however, this has prompted road safety concerns as bikers strive to fulfill strict deadlines. Flipkart, Walma...
German luxury automaker Mercedes-Benz is seeking to increase sales of its electric vehicles in India, according to a senior business executive, with potential plans in works to locally manufacture its all-electric seda...
Reliance Industries Ltd. is reportedly planning to acquire a controlling stake in New York's five-star Mandarin Oriental Hotel for around USD 100 million. The company stated in ...
Daimler India Commercial Vehicle (DICV) has reportedly beaten the pre-covid sales level of exports for its commercial vehicles, recording an upsurge of 10% as compared to its previous record. ...
Edition 1 model of Hummer pickup accounted for 80% of the total reservation. The EV pickup truck boasts a driving range of 329 miles....
The shared ride option will allow users traveling in the same direction to share the ride in the same direction. UberX Share will offer a 5% upfro...
Multinational oil & gas company Royal Dutch Shell has announced a major restructuring of its tax and legal framework, which will see it walking away from the Netherlands amidst strained relations with the country t...
Goldman Sachs Group Inc. has reportedly introduced a new offering for investors to place their bets on SPACs in an attempt to capitalize on the growing deal-making trend. Sources me...
Ride-hailing giant Uber is set to obtain at least 50,000 Tesla electric vehicles as a part of its plan to expand its EV fleet. The announcement comes after Hertz recently ordered 100,000 EVs from Tesla by next year....
After Snap Inc. failed to reach its revenue targets last week, investors are now fearing that Facebook’s ad revenue could also be severely impacted due to Apple’s privacy changes. ...
Prometic Life Sciences has developed the first FDA-approved treatment for Congenital Plasminogen Deficiency. This acquisition will enable easy acce...
India is likely to witness a record number of IPOs this year, with several companies eyeing public listing to raise funds if the market sentiment remains positive. One such company, Pine Labs is reportedly planning to ...
Indonesian financial technology company Xendit has reportedly secured USD 150 million during a Series C funding round which was led by Tiger Global. Other investors that participated in the latest fundraising included ...
Italian luxury sports car manufacturer, Automobili Lamborghini S.p.A. is reportedly expecting substantial growth in sales volumes in India this year as the carmaker is experiencing a V-shaped upturn in demand after the...
SK Group of South Korea has purchased 16.3% of Vincommerce, Vietnams leading retail business operator, for USD 410 million in a bid to broaden its presence in the Southeast Asian region’s customer retailer sector...
SK Innovation Co., a South Korea-based petrochemical, energy, and e-mobility battery manufacturer, has recently announced its plans of withdrawing its battery operations from America if U.S. President Joe Biden fails t...
YAP, a fintech startup that provides an API platform for banking and payments in Asia, has reportedly secured USD 10 million during a Series B funding round co-led by Omidyar Network India as well as Flourish Ventures....
According to reliable sources, California-based aerospace manufacturer and space transportation services company SpaceX, headed by Tesla’s Chief Executive Elon Musk, recently completed an equity funding round of ...
According to reliable sources, Israel-based alt-meat start-up, Redefine Meat, raised a total of USD 29 million in a Series-A funding round led by venture capital firms Hanaco Venture Capital Ltd. and Happiness Capital ...
Bangalore-headquartered online coding platform for K-12 kids, Codingal, has reportedly raised an undisclosed amount from American seed money startup accelerator Y Combinator and has been selected to a part of YC’...
Leading software-defined storage company DataCore Software has reportedly acquired Caringo Inc., with the intention to add object storage to its current software-defined portfolio of secure, flexible, and high-performa...
In a bid to proliferate its biopharmaceutical contract development and manufacturing business, Fujifilm Corporation is reportedly planning to invest around USD 2 billion (200 billion yen) towards the development of a l...
Hong Kong-based multinational financial settlement network EMQ Inc. has reportedly expanded its operations into South Korea to increase access to its global network ecosystem and offer more transparent as well as effic...
According to reliable sources, U.S.-based fully integrated biopharmaceutical company, Elevar Therapeutics Inc., has signed an exclusive agreement with Inceptua Group for the commercialization and distribution of its no...
In recent developments, U.S.-based localization and AI training data service provider, Lionbridge Technologies Inc., has reportedly established new gaming labs in Beijing and Jinan in order to enhance the capabilities ...
Riversand Technologies Inc., an American cloud-based SaaS MDM (Master Data Management) solutions provider has reportedly entered a joint venture agreement with Valtech GmbH. The two companies will team up to deliver ad...
Canadian security firm GardaWorld has reportedly increased its takeover offer for G4S, a UK outsourcing group, to £3.68bn in a final bid for its bigger competitor. Speaking of the offer, GardaWorld stated th...
Arcadia, an expansive retail business comprising of renowned fashion brands such as Topshop, Burton, and Dorothy Perkins, is reportedly on verge of an economic collapse putting about 13,000 jobs at risk. According to c...
As per the statement of chancellor Rishi Sunak, Britain’s first nationwide infrastructure plan would provide a “once in a lifetime investment” of approximately £100 billion to drive the nation&r...
The company has reportedly ceased its operations after 2453 employees tested positive for the Coronavirus. The company’s share...
Swiss supplier of marine fuels Minerva Bunkering has reportedly introduced an innovative solution called Advanced Delivery Platform (ADP) in a bid to increase efficiency and transparency during bunkering operations. Ac...
AEGIS Hedging Solutions a leading company offering technology and expertise for commodity and rate hedging, has recently announced the acquisition of a renowned commodity trading advisor and pioneer in metals hedging, ...
Transom Capital Group, a prominent middle market private equity firm, has reportedly made an announcement of acquiring BridgeTower Media in order to expand its reach in marketing and media domain. ...
New York-based information and market assessment firm, Nielsen Holdings plc, has reportedly announced to have signed a definitive agreement with Advent International, a global private equity firm. As per the agreement,...
Indian multinational information technology services provider Tata Consultancy Services (TCS) Ltd. has reportedly signed a joint venture agreement with dotin Inc. to develop TCS Workforce Analytics, an innovative workp...
According to reliable sources, Finnish multinational telecommunication, consumer electronics and information technology company Nokia Corp. has reportedly signed an agreement with Greener Acres Canada Inc. to collectiv...
According to reliable sources, U.S.-based critical infrastructure service provider of cannabis industry, Helix Technologies Inc. has reportedly announced a strategic merger with Medical Outcomes Research Analytics LLC ...
Chinese biotechnology company, CStone Pharmaceuticals has recently announced that it has completed the Share Subscription Agreement with Pfizer Inc. for its newly issued shares worth US$200 million. The move furthers t...
365 Data Centers, leading provider of hybrid data center solutions, has reportedly announced its acquisition by StoneCourt Capital LP in order to boost the latter’s product & services portfolio. According to ...
In a recent turn of events, Swiss healthcare giant, F. Hoffmann-La Roche AG has reportedly acquired an Irish biotech firm Inflazome Ltd. for approximately USD 451 million (€380 million). ...
Fibonacci Brands has recently announced the acquisition of Darwin from Harvest Health & Recreation (HARV.CN) as its foundation brand. Fibonacci is a leading player in the international cannabis industry. ...
U.S.-based medical group Husson Family has reportedly entered a joint venture agreement with Lebanese insurance and financial service provider, Chedid Capital Holding for the transfer of control of Ascoma (Ascoma Assur...
American private equity firm, Wind Point Partners has recently signed an acquisition deal with the one of the biggest direct-to-consumer (D2C) eCommerce providers of drinkware, RTIC. Reportedly, RTIC is Wind Point&rsqu...
Carely Inc., a digital platform of tools for caregivers and professional care providers, has reportedly inked an agreement to acquire Caregiving.com. The acquisition is in line with Carely’s strategy to enhance t...
Medtronic plc, the global leader in medical technologies, has reportedly announced that it is planning to acquire insulin pen manufacturer Companion Medical. The acquisition gives M...
Chicago-based telecommunication company, Motorola Solutions Inc., has made it to the headlines through its acquisition of Pelco Inc. from Transom Capital Group for $110 million dollars. ...
As reported by credible sources, MGC Pharmaceuticals Ltd, a European bio-pharma firm, aims to acquire the complete data, intellectual property, and operating clinic-based assets of Medicinal Cannabis Clinic Pty Ltd....
Web technology major Web.com Group has reportedly announced that it has signed an agreement for the acquisition of Webcentral Group, a leading digital services provider for small and medium enterprises in Australia. Th...
Ireland-based end-to-end communication services provider, Welltel has recently announced the acquisition of Novi, a Kildare-based IT service firm. With the said acquisition the two companies would now be able to offer ...
Canzon, an Israeli enterprise selling CBD-based products in Europe has reportedly entered a partnership worth NIS 6 million yearly with German distribution firm Lykos Verde. Sources close to the matter stated that as per the agreement, Lyk...
France-based multinational investment bank Société Générale S.A. has reportedly acquired Shine, a neobank for entrepreneurs, for an undisclosed sum. According to reliable sources, the acquis...
Innoveo, a technology provider, based in Zurich, Switzerland, has recently entered into a partnership with Sidani Innovate Management Services DMCC (SIMS), a business innovation and management consultancy, headquartere...
Winnipeg based augmented worker enterprise solutions provider, Librestream, has reportedly raised an amount of $24 million through a Series-D funding round led by Canadian Business Growth Fund (CBGF). The company will ...
America-based leading online games developer SciPlay Corporation has reportedly acquired Come2Play Ltd., a developer & publisher of mobile games headquartered in Tel Aviv, Israel. Sources close to the matter stated...
The Australian based companies have decided to come together to help build a better fiber network infrastructure. Uniti decided to partner with OptiComm due ...
Brookfield Asset Management, a renowned Canadian investment company, has signed an agreement to purchase Emami Power, Emami Group’s solar power business. Emami Group, a renowned Indian diversified conglomerate ba...
Netreo, a renowned IT infrastructure management company, has reportedly announced the acquisition of a cloud infrastructure monitoring firm from Chicago, CloudMonix. The acquired firm specializes in enhanced insight in...
UV Angel, a company renowned in the field of pathogen control technology, has recently announced that it has partnered with Smile One Services, which is dental service organization (DSO) based in Michigan. Report...
Acorn Health, a nation-wide provider of Applied Behavior Analysis, which is a therapy for children diagnosed with autism, has recently announced that it has acquired Behavior Basics, LLC, a known provider of center-bas...
Zoom Video Communications, a renowned video conferencing platform, and Keybase, a cryptography platform offering end-to-end communications for companies and people, together announced Zoom’s acquisition of Keybas...
Tetra Pak has reportedly announced the acquisition of Gaussian, a South Africa-based asset management company, to deliver enhanced outcome-based solutions to customers. These solutions will offer measurable and quantif...
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