Philippine supermarket operator, AllDay Marts Inc, has filed for an up to 6 billion pesos ($119 million) initial public offering (IPO), the corporate regulator said on Wednesday, adding to a robust pipeline of share sales on the country’s bourse. AllDay Mart is planning to sell up to 7.5 billion shares, including the over-allotment option, at… Continue reading Philippine supermarket operator AllDay Mart files to raise $119m in IPO
Category: Tech News
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Indian Thrasio-style venture UpScalio snags $42.5m from Presight Capital, others
Gurugram-based UpScalio, a five-month-old e-commerce brand investor and operator, has raised $42.5 million in its Series A funding round led by Presight Capital and an undisclosed global hedge fund, per an announcement. The startup’s funding round also saw participation of Heliad Equity Partners, MPGI, 468 Capital, Whiteboard Capital, alongside capital commitments from a consortium of… Continue reading Indian Thrasio-style venture UpScalio snags $42.5m from Presight Capital, others
S Korean online secondhand marketplace Danggeun Market raises $162m
South Korea’s Danggeun Market, the company behind secondhand marketplace Karrot, has raised $162 million in a Series D led by DST Global, the investment firm headed by billionaire Yuri Milner. Aspex Management and Reverent Partners joined the round while existing investors such as Goodwater Capital, Altos Ventures, SoftBank Ventures Asia, Kakao Ventures, Strong Ventures and… Continue reading S Korean online secondhand marketplace Danggeun Market raises $162m
BlackRock Real Assets buys stake in Korea’s Brite Energy, to inject $100m “over time” …
BlackRock Real Assets, the realty investment arm of global asset manager BlackRock, is set to acquire an equity stake in Korean solar development and investment company Brite Energy Partners (BEP), according to a press announcement on Wednesday. Financial details of the transaction were not disclosed. As part of the deal, BlackRock Real Assets will provide… Continue reading BlackRock Real Assets buys stake in Korea’s Brite Energy, to inject $100m “over time” …
This Revolutionary Product Can Help You Stop Snoring Once and for All
A good night’s sleep is one of life’s great joys, so there’s nothing quite like the crushing blow of being kept awake by snoring. This is especially ture if the person snoring is you or someone you love. According to data out of Johns Hopkins Medicine, around 45-percent of people snore occasionally, like when you… Continue reading This Revolutionary Product Can Help You Stop Snoring Once and for All
Prominent Venture Capitalist Admits That the “Climate Is F’d”
This green tech fund just raised $800 million “to keep unf***ing the planet.” Green Capital Prominent venture capitalist and founder of climate-focused fund Lowercarbon Capital Chris Sacca argued that “the climate is f’d” in a 12-page letter sent out to potential investors, as quoted by Axios. “Even worse than it seems.” Sacca’s CO2 tech fund just… Continue reading Prominent Venture Capitalist Admits That the “Climate Is F’d”
New Regulation Could Cause a Split in the Crypto Community
Big Crypto has arrived. On August 10, following days of wrangling and furious tweeting, cryptocurrency enthusiasts, advocates, and entrepreneurs watched in horror as the US Senate approved a $1 trillion infrastructure bill, complete with an article that many fear might jeopardize the whole American crypto sector beyond repair. The controversial rule would require that “brokers”… Continue reading New Regulation Could Cause a Split in the Crypto Community
‘Fortnite’ adds a limited-time Among Us-like mode
Epic Games has released a new limited-time mode in Fortnite called Imposters, allowing players to scratch their Among Us itch without leaving the battle royale. Each match features two teams made up of eight agents and two imposters. [embedded content] The action takes place in a new interior map called The Bridge. The agents need… Continue reading ‘Fortnite’ adds a limited-time Among Us-like mode
Intel is giving up on its AI-powered RealSense cameras
Intel is pouring more and more of its energy into its mainstay chip business, and that now means leaving some of its less essential work by the wayside. The company told CRN in a statement that it was “winding down” RealSense and transferring the talent and computer vision tech to efforts that “better support” its… Continue reading Intel is giving up on its AI-powered RealSense cameras
YouTube Premium members can get three free months of Stadia Pro
Google has started a new promotion to entice YouTube Premium users to check out its Stadia Pro subscription. Provided you’re new to the paid service, you can now get a three-month trial to see if cloud gaming is your thing. First spotted by 9to5Google, the promotion is only available to current YouTube Premium subscribers in… Continue reading YouTube Premium members can get three free months of Stadia Pro