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Instacart raises $271M in new fund rising in November
Thu, 15 Nov 2018 05:49:55 GMT
 
Grocery delivery startup firm Instacart raised $271M this month from investors, including Tiger Global Management, bringing the latest round of funding to $871M, sources familiar with the matter stated. >>
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Bain Capital Ventures closes $1B fund
Thu, 15 Nov 2018 05:42:57 GMT
 
Bain Capital Ventures, the venture capital arm of the investment firm based in Boston, stated that it raised a new $1B fund to invest in startup companies, adding to a >>
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Walmart's delivery app Cornershop eyes US, Canada
Thu, 15 Nov 2018 05:32:18 GMT
 
Cornershop, a LatAm grocery delivery application acquired by Walmart, is set to expand into Canada in 2019 as a test market for the US, an executive stated. >>
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Chinese home prices grow slightly last month
Thu, 15 Nov 2018 05:28:44 GMT
 
China's new home prices increased modestly in October, supported by sustained gains in small cities and suggesting that the main driver of economic expansions remained resilient. >>
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British PM looks for Cabinet approval of Brexit deal
Wed, 14 Nov 2018 20:45:01 GMT
 
The British Prime Minister Theresa May is looking for the Cabinet's approval of the final version of the Brexit deal between the UK and the EU. >>
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China, Singapore to promote ties, China-ASEAN cooperation
Wed, 14 Nov 2018 20:43:48 GMT
 
China and Singapore on Wednesday agreed to promote ties and further improve relations between China and the Association of Southeast Asian Nations. >>
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Zimbabwean Mnangagwa approves $5.3B investments
Wed, 14 Nov 2018 20:33:00 GMT
 
The Zimbabwean President Emmerson Mnangagwa approved 11 investment projects worth $5.3B, the Chief Secretary to the President and Cabinet says. >>
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German GDP declines in Q3
Wed, 14 Nov 2018 20:32:10 GMT
 
Germany's gross domestic product contracted 0.2%, the first time in around three years, in the third quarter of 2018, the country's Federal Statistical Office reports. >>
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German Wirecard revises outlook for 2019
Wed, 14 Nov 2018 19:33:12 GMT
 
The German payment service provider Wirecard raised its earnings forecast for 2019 after reporting strong growth in the third quarter of 2018. >>
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Tencent announces 24% revenue growth in Q3
Wed, 14 Nov 2018 19:30:38 GMT
 
China's Internet giant Tencent reported a 24% revenue growth in the third quarter of 2018, compared to the same period the previous year. >>
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China promises friendship with Taiwan
Wed, 14 Nov 2018 18:38:53 GMT
 
China plans to deepen friendship relations with Taiwan despite current tensions, the Chairman of the Chinese People's Political Consultative Conference Yu Zhengsheng says. >>
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Vietnam-Myanmar trade hits $500M
Wed, 14 Nov 2018 18:38:11 GMT
 
Bilateral trade between Vietnam and Myanmar reached $538M for the previous nine months, the Global New Light of Myanmar reports. >>
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VW to convert three factories in Germany to build EV
Wed, 14 Nov 2018 16:54:32 GMT
 
Volkswagen is set to convert three plants in Germany to build electric vehicles, as Europe's biggest carmaker by sales begins mass producing zero-emission cars in astrategy shift after emissions cheating >>
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Blue Apron to sacrifice revenue growth next year
Wed, 14 Nov 2018 16:54:24 GMT
 
Blue Apron Holdings stated that the company would sacrifice its overall revenue growth and diminish marketing expenses next year, causing a volatile decline in shares. >>
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Tencent profit jumps on investment gain in Q3
Wed, 14 Nov 2018 16:19:32 GMT
 
Tencent beat forecasts for profit in the third quarter, but provided no updates on a regulatory block in China, the world's biggest gaming market, that damaged the company's core business. >>
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