Wednesday, November 25, 2020
Abu Dhabi state fund Mubadala Investment buys 1.85 percent stake of Jio Platforms in the move to drive global growth in information and communications technology. The reliance industry firm Jio Platforms leads Indian telecommunications with over 388 million subscribers. The...
American multinational pharmaceutical company Pfizer announced Tuesday, June 2, 2020, that it will be investing $500 million in small and medium biotechnology companies in the United States. Pfizer’s investment aims to help provide funding towards treatment candidates. The pharmaceutical giant’s...
Synack Inc., a California-based crowdsourced penetration testing platform, announced Thursday it has secured a $52 million investment in its Series D funding. The round, which brought the company's total funding to date to $112.1 million, was led by B...
Tech innovation company Benefitfocus announced on Tuesday, May 26, an $80 million investment funding from BuildGroup that can help the company boost its tech advances. The $80 million funding is subject to customary closing conditions from the investment firm BuildGroup....
Despite the pandemic, the Filinvest Group plans to push through with two township projects in Clark this year and two BPO office buildings. The P2.5 billion investments make way for the development of the 201-hectare Filinvest Mimosa Plus Leisure City...
United States investment firm General Atlantic is slated to invest in India’s Reliance Industries Ltd.’s Jio Platforms. The deal is valued at 66 billion rupees, equivalent to approximately $873 million. General Atlantic is known for helping fund successful start-up companies...
Ride-hailing giant Uber will be leading a $170 million investment deal in Lime, an electric scooter and bike rental company. The news comes after Uber announced its plans to lay off approximately 3,700 people or 14% of its staff...
Wall Street’s biggest investment portfolio Goldman Sachs Group Inc. recently disclosed a $900 million hit due to the ongoing flu pandemic. The company saw major fallout in profits for the first quarter of 2020, with a 46 percent decline...
Private equity firm TA Associates announced Monday it has injected a strategic growth investment to Accion Labs, a digital-focused software product engineering company headquartered in Pittsburgh, Pennsylvania. In a press release, the private equity giant said it will be joining...
Fortune 500 company Sumitomo Corporation recently revealed on its website that it has invested in Origin Wireless in pursuit of 5G integration. Sumitomo is expected to improve Origin’s technology, as well as expand its product line. The venture was...

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