International Finance Corporation (IFC), a member of the World Bank Group, is considering investing up to $35 million in equivalent loans to Tanveer Foods, an importer of food products in Bangladesh, according to a disclosure. IFC said the proposed investment includes an up to $21 million senior-secured A loan from IFC alongside an up to… Continue reading IFC mulls $35m loan package to Bangladesh’s Tanveer Foods
Category: Automotive
Cash-rich Bukalapak pursues selective strategy on investments to widen its ecosystem
Indonesia-listed all-commerce player Bukalapak has emerged as more than a marketplace platform since its $1.5-billion initial public offering in 2021 as it pursues strategic investments selectively to expand its ecosystem. At the same time, the cash-rich tech major is following a conservative spending strategy, according to analysts tracking the firm. In fact, some local and… Continue reading Cash-rich Bukalapak pursues selective strategy on investments to widen its ecosystem
Chinese EV startup WM Motor said to be slashing salaries as losses balloon
WM Motor Holdings Ltd. is cutting salaries by half for management and nearly a third for staff members, Caixin has learned, as the electric-vehicle (EV) startup struggles with sluggish sales and ballooning losses. The Shanghai-based automaker began the cost-control measures in October, also cancelling annual bonuses and vehicle purchases subsidies, the source said, citing a… Continue reading Chinese EV startup WM Motor said to be slashing salaries as losses balloon
Dat Bike gets another $8M to put more e-bikes on Vietnam’s roads
Dat Bike is on a mission to put more electric bikes on Vietnam’s roads. The startup said today it has raised $8 million led by returning investor Singapore-based firm Jungle Ventures, just seven months after its first round of funding was announced. GSR Ventures and Delivery Hero Ventures also participated in this round, along with… Continue reading Dat Bike gets another $8M to put more e-bikes on Vietnam’s roads
Hall of Fame Resort & Entertainment Company Announces Inducement Equity Grants
CANTON, Ohio, Nov. 23, 2022 /PRNewswire/ — Hall of Fame Resort & Entertainment Company (“HOFV” or the “Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of professional football and owner of the Hall of Fame Village powered by Johnson Controls in Canton, Ohio, today announced that it granted… Continue reading Hall of Fame Resort & Entertainment Company Announces Inducement Equity Grants
SUNRATE announces strategic partnership with Agoda
SINGAPORE, Nov. 24, 2022 /PRNewswire/ — FinTech company SUNRATE, the global payment and treasury management platform announced that it has entered into a partnership with Agoda. SUNRATE will be integrating its online travel solution with the global digital travel platform. Beyond virtual cards issuance The partnership is announced one month after ITB Asia 2022, where SUNRATE… Continue reading SUNRATE announces strategic partnership with Agoda
SUNRATE anuncia parceria estratégica com Agoda
SINGAPURA, 23 de novembro de 2022 /PRNewswire/ — A fintech SUNRATE, plataforma global de gestão de pagamentos e tesouraria, anunciou que firmou uma parceria com a Agoda. A SUNRATE integrará sua solução on-line de viagens com a plataforma global digital de viagens. Muito mais que emissão de cartões virtuais A parceria é anunciada um mês após… Continue reading SUNRATE anuncia parceria estratégica com Agoda
SUNRATE anuncia una alianza estratégica con Agoda
SINGAPUR, 23 de noviembre de 2022 /PRNewswire/ — La empresa FinTech SUNRATE, una plataforma global de gestión de pagos y tesorería, anunció su alianza con Agoda. SUNRATE integrará su solución de viajes en línea con la plataforma digital global de viajes. Más allá de la emisión de tarjetas virtuales La alianza se anuncia un mes después… Continue reading SUNRATE anuncia una alianza estratégica con Agoda
SUNRATE annonce un partenariat stratégique avec Agoda
SINGAPOUR, 24 novembre 2022 /PRNewswire/ — La société de fintech SUNRATE, plateforme mondiale de gestion des paiements et de trésorerie, a annoncé avoir conclu un partenariat avec Agoda. SUNRATE intégrera sa solution de voyage en ligne à la plateforme mondiale de voyage numérique. Au-delà de l’émission de cartes virtuelles Le partenariat est annoncé un mois… Continue reading SUNRATE annonce un partenariat stratégique avec Agoda
SUNRATE gibt strategische Partnerschaft mit Agoda bekannt
SINGAPUR, 24. November 2022 /PRNewswire/ — Das FinTech-Unternehmen SUNRATE, die globale Zahlungsverkehrs- und Finanzverwaltungsplattform, gab bekannt, dass es eine Partnerschaft mit Agoda eingegangen ist. SUNRATE wird seine Online-Reiselösung in die globale digitale Reiseplattform integrieren. Über die Ausgabe virtueller Karten hinaus Die Partnerschaft wird einen Monat nach der ITB Asia 2022 bekannt gegeben, wo SUNRATE den Interessenvertretern aus der… Continue reading SUNRATE gibt strategische Partnerschaft mit Agoda bekannt