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(Reuters) -Core Scientific Holding Co said on Wednesday it would go public through a merger with a blank-check company backed by BlackRock Inc, in a deal that values the cryptocurrency miner at $4.3 billion.
(Reuters) - Lordstown Motors Corp said federal prosecutors in Manhattan are investigating the electric-truck maker's vehicle pre-orders and its merger with blank-check company DiamondPeak Holdings.
Vertex Holdings Ltd. is planning to raise funds for dealmaking by listing a special purpose acquisition company in Singapore, which could be the country’s first such deal, according to people familiar with the matter.
(Reuters) -Lordstown Motors Corp on Monday announced the sudden departure of its chief executive and finance head, just days after the electric truck maker warned that it may not have enough money to stay in business over the next year, sending shares down more than 20%.
Consumers’ pivot to private vehicles and online purchases is a boost for Carsome
LOS ANGELES (Reuters) - Archer Aviation unveiled its first electric flying taxi "Maker" in a Tesla-style debut on Thursday as an increasing number of investors and aviation companies pile into the hot but yet-to-be-approved urban air mobility space.
China’s top-three tech firms Tencent Holdings Ltd., Alibaba Group Holding Ltd. and Meituan have lost more than $400 billion in value from highs just four months ago.
SINGAPORE (Bloomberg): Singapore real estate startup PropertyGuru Pte has agreed to acquire all of the shares in REA Group Ltd.’s operating entities in Malaysia and Thailand, marking the biggest acquisition in its 14-year history.
SEA Ltd., Southeast Asia’s most valuable company, more than doubled revenue in the first quarter, though losses swelled as it spent to ward off competition in the regional e-commerce and online entertainment arenas.
JAKARTA: Indonesia’s ride-hailing and payments giant Gojek has agreed to combine with e-commerce pioneer PT Tokopedia to create the largest Internet company in the world’s fourth most-populous nation.