Crypto investing app CoinSwitch said it has launched a fund with an initial corpus of $10 million to invest in and incubate early-stage startups building blockchain solutions for the Web3 landscape. Through the fund, CoinSwich aims to back up to 100 startups in India. The fund will curate portfolio startups and provide single-window access to… Continue reading CoinSwitch launches $10m fund to invest in up to 100 Indian Web3 startupsThe fund will provide access to marquee investors including Tiger Global, and…
Category: News Type
Growing adoption of crypto in Australia warrants consumer protection: regulator
Nearly half of Australian retail investors owned cryptocurrency in late 2021 and more got their information from YouTube videos than from financial advisers, the securities watchdog said on Thursday, calling the data a “strong case for regulation”. The Australian Securities and Investments Commission (ASIC) survey of 1,053 retail investors, conducted last November, found 44% reported holding cryptocurrency, making it the second… Continue reading Growing adoption of crypto in Australia warrants consumer protection: regulator
Investor Ping An thinks HSBC overstated risks of $35b Asia spin-off
HSBC overstated the risks of spinning off its Asia unit when it rebuffed such a proposal by shareholder Ping An Insurance Group, a source familiar with the Chinese insurer’s thinking said, adding the move could unlock up to $35 billion in value. HSBC, which makes the bulk of its sales and profit in Asia, came… Continue reading Investor Ping An thinks HSBC overstated risks of $35b Asia spin-off
Credit Suisse applies to initiate $440m legal proceedings against SoftBank
Credit Suisse Group AG has applied to the English High Court to initiate formal legal proceedings against Japan’s SoftBank Group Corp over a $440 million dispute, one source familiar with the matter said on Thursday. Switzerland’s second-largest bank is trying to recover funds that Greensill Capital, a defunct finance firm, had lent to Katerra, a SoftBank-backed U.S.… Continue reading Credit Suisse applies to initiate $440m legal proceedings against SoftBank
Indonesia’s GoTo integrates GoFood into Tokopedia platform
GoTo has integrated its GoFood delivery service into the Tokopedia e-commerce platform, the company said in a statement on Thursday. With the integration of GoFood, Tokopedia customers will be able to order food without having to leave the app. They can also pay for GoFood transactions with GoPay, which is also linked to the marketplace… Continue reading Indonesia’s GoTo integrates GoFood into Tokopedia platform
GRAMMER AG Publishes Figures for First Half of 2022
GRAMMER Group revenue increases by 6.4% to EUR 1,034.6 million, driven mainly by the Commercial Vehicles Division and positive currency effects AMERICAS (+28.6%) and EMEA (+2.7%) regions record revenue growth, but substantial downturn in APAC (-14.2%) due to COVID-19 lockdowns in China Operating EBIT down considerably year-on-year at EUR -12.3 million (H1 2021: EUR 32.4… Continue reading GRAMMER AG Publishes Figures for First Half of 2022
More Than 5,000 Our Military Kids Scholarships Funded with Support from Lockheed Martin
Recent Donation Relieves Stress and Builds Community for Hundreds More Military Children and Teens OAKTON, Va., Aug. 11, 2022 /PRNewswire/ — Our Military Kids® (OMK) is proud to announce Lockheed Martin’s $250,000 donation to support over 800 extracurricular activity scholarships for children and teens of deployed National Guard, deployed Reserve, and combat-injured Veterans in recovery.… Continue reading More Than 5,000 Our Military Kids Scholarships Funded with Support from Lockheed Martin
TUMI est le partenaire officiel de la tournée de pré-saison du club féminin de Tottenham Hotspur
Grâce à ce partenariat exclusif, TUMI fournira à l’entraîneur principal Rehanne Skinner, aux joueuses et au personnel des bagages et des accessoires de voyage personnalisés pour leur prochaine tournée à Louisville dans le Kentucky. Chaque membre de l’équipe féminine de la tournée de Tottenham Hotspur recevra des produits TUMI personnalisés pour l’aider à améliorer son… Continue reading TUMI est le partenaire officiel de la tournée de pré-saison du club féminin de Tottenham Hotspur
nShift launches new whitepaper to help retailers consider sustainable delivery options
Consumers “feel guilty” when they don’t shop sustainably Retailers should consider sustainable delivery options LONDON, Aug. 11, 2022 /PRNewswire/ — Retailers should consider sustainable delivery options, as shoppers confess to feeling guilty about buying from businesses that are not eco-friendly. A new survey reveals that two thirds of shoppers (65%) consider the environment before making… Continue reading nShift launches new whitepaper to help retailers consider sustainable delivery options
Lemonade Selects Mitchell’s Solutions to Support Entry into the $300 Billion U.S. Auto Insurance Market
Mitchell’s claims management solutions are powering Lemonade Car and its successful U.S. introduction. SAN DIEGO, Aug. 11, 2022 /PRNewswire/ — Mitchell, an Enlyte company and leading technology and information provider for the Property & Casualty (P&C) claims and Collision Repair industries, today announced that Lemonade selected its claims workflow, automation, and total loss solutions to support Lemonade… Continue reading Lemonade Selects Mitchell’s Solutions to Support Entry into the $300 Billion U.S. Auto Insurance Market