Thursday, October 21, 2021
PayPal and Dragoneer have both agreed to invest stocks in MercadoLibre, each offering $750 million and $100 million respectively. These actions follow MercadoLibre’s decision to offer common stocks to the public. MercadoLibre, the leading e-commerce technology in Latin America and...
Docker announced last Wednesday, November 13, 2019, its recent $35 million investment following its restructuring. Along with its management restructuring, the company announced its new chief executive officer. The company’s restructuring came shortly after Mirantis announced its purchase of the...
The flood of institutional investors caused a dramatic increase in the assets of New York-based investment firm Grayscale, reaching $20.2 billion from $2 billion last year. The company’s Bitcoin Trust program went popular as a way to publicly trade and...
India’s biggest renewable energy producer, ReNew, secured its $1 billion funding this year, increasing the country’s solar and wind energy generation. The company is considered India’s top ‘unicorns’ in the renewable energy business, with wind and solar plants producing one...
Israeli startup Intuition Robotics, the company behind the digital companion ElliQ, announced Thursday it has secured a total of $36 million in a Series B funding led by Sparx Group and OurCrowd. In a press release, the startup disclosed it...
The protests in Hong Kong are causing its stocks to drop and its economy to slow down, says Al Jazeera. To mainland investors, Hong Kong’s plummeting equity market is proving to be attractive. Investors from mainland China recently bought a...
Italian daily newspaper Corriere della Sera reported that the Vatican is being investigated for money laundering. This comes in light of the fact that the Secretariat of State holds capital in Centurion Global Fund, which funded the recently released...
Japanese conglomerate giant Softbank announced its plan on Monday to invest $2 billion in Indonesia via Southeast Asia’s leading ride-hailing app, Grab. According to CNBC, the $2 billion funds will be used to optimize Indonesia’s digital economy, particularly through the...
Russian-based company, Rusal, is slated to make its first investment in the United States of America. The announcement and pending investment follow Washington’s sanctions being lifted against the said company. Why the Ban According to the Financial Times, the Russian aluminum...
Biopharmaceutical firm 3SBio funnels capital toward the fundraising endeavors launched by MPM Capital and Dana-Farber Cancer Institute said PR Newswire. The MPM Oncology Innovations Fund (INV) closed with $100 million, while the Dana-Farber Innovations Research Fund (IRF) was able...

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