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HONG KONG: Yeahka Ltd, a Chinese payment technology services provider, is planning to raise about US$300mil in an initial public offering in Hong Kong, according to people with knowledge of the matter.
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.
TORRANCE, Calif. (Reuters) - Boxing great Floyd Mayweather said his time in the ring is finished and that he is focussed on other projects including his fast-growing chain of boxing fitness gyms and his high-profile promotion company.
SINGAPORE: Billionaire Jack Ma’s Ant Financial Services Group said it may apply for a virtual banking licence in Singapore, a move that would add a heavyweight contender to the race.
VENTURE capital investors are flocking to Singapore despite uncertainty around US-China trade relations, even as businesses hold back spending, according to Peter Ong, chairman of Enterprise Singapore.
Forget stocks, real estate, even cryptocurrencies – the hottest investment nowadays, especially in China, may be basketball shoes.
Investors that bet on the rising fortunes of startups are finding it difficult to cash out at a profit
FRANKFURT: Elon Musk picked a glitzy event in Germany, a few hours’ drive from the birthplace of the internal combustion engine, to drop the news before some of the world’s biggest car bosses: Tesla Inc plans to set up shop in their backyard.
A good anecdote gets you every time. But when it comes to life-altering decisions, turn to proven science and stats, not stories.
SUNNYVALE, the once sleepy orchard turned suburb city in the heart of Silicon Valley, is a relatively new home to major US tech giants, as they gobbled up vast expanses of office space here in recent years.