Rocket Internet prepares Jumia shopping platform for IPO

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Source: Dukascopy Bank SA
Rocket Internet, the German start-up investor, is preparing the African online shopping service Jumia for a potential IPO in New York in the next year's first quarter that could value the company at $1.0B.
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Thu, 20 Sep 2018 13:38:54 GMT

Boeing and VSMPO-Avisma launch new JV in Russia

The largest titanium producer in the world VSMPO-Avisma and the US planemaker Boeing launched a new titanium joint venture in Russia's Sverdlovsk, according to the local government's report.

Thu, 20 Sep 2018 12:39:11 GMT

Under Armour phases out 400 more jobs

Under Armour, the US sportswear maker, is set to cut 400 more jobs, which is 3% of the company's global workforce, in a turnaround push to reduce costs.

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