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SEOUL/FRANKFURT: Germany's Delivery Hero agreed a US$4bil deal to buy South Korea's top food delivery app owner Woowa Brothers, ratcheting up consolidation in the industry as it expands in Asia's fast-growing but crowded market.
Twitter Inc Chief Executive Officer Jack Dorsey returned from a trip touring African startups ready to go back.
BANGALORE: The head of Prosus NV’s venture capital arm expects to make more investments in the food delivery space globally, building on the hefty stakes it already holds in leading startups in Brazil, India and Germany and its parent company’s bid for Britain’s Just Eat.
JOHANNESBURG: Naspers Ltd is all set to list Internet assets including Tencent Holdings Ltd in Amsterdam after valuing the newly created group at about €95bil (US$105bil).
JOHANNESBURG: Naspers Ltd. said a newly created entity containing assets including a stake in Chinese internet giant Tencent Holdings Ltd. will be valued at about US$100bil.