CrowdOut Partners with Sourceability Leadership in Corporate Carveout AUSTIN, Texas, Jan. 10, 2023 /PRNewswire/ — CrowdOut Capital LLC (“CrowdOut”), an Austin-based investment firm, announced today that CO Long Term Equity Fund I LP (“COLT”), and affiliates partnered with senior leadership to acquire Sourceability (the “Company”), a global distributor of electronic components offering digital tools, services… Continue reading CrowdOut Capital Acquires Sourceability, a Leading Global Distributor of Electronic Components
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SHANGHAI, Jan 10 (Reuters) – China’s passenger car sales rose 2.4% in December as consumers rushed to make use of a subsidy for electric vehicles (EV) before they expired last month, with sales likely to sharply weaken in January, an auto industry body said on Tuesday. China’s decision to end a more than decade-long subsidy… Continue reading Gallery
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MADRID, Jan 10 (Reuters) – Spanish ride-hailing app Cabify plans to list its shares on the stock market within 12 to 15 months, local news website El Confidencial reported on Tuesday citing unidentified sources closed to the company’s management. The company’s valuation would be close to 2 billion euros ($2.2 billion), El Confidencial added, citing… Continue reading Untitled
Ant-linked firms, Alibaba shares rise on news of Jack Ma ceding controlHong Kong-listed shares of Ma’s Alibaba jumped 7%.
Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant founder Jack Ma is giving up control of the fintech giant following an overhaul. Hong Kong-listed shares of Ma’s Alibaba jumped 7%. Shares of Longshine Technology Group Co Ltd, Jilin Zhengyuan, Shanghai Golden Bridge Infotech… Continue reading Ant-linked firms, Alibaba shares rise on news of Jack Ma ceding controlHong Kong-listed shares of Ma’s Alibaba jumped 7%.
Ant-linked firms’ shares rise after news of Jack Ma ceding control; Alibaba jumps, article with image
Jan 9 (Reuters) – Shares of listed Chinese companies that count Ant Group as a major shareholder rose on Monday after announcements that Ant founder Jack Ma is giving up control of the fintech giant following an overhaul. Hong Kong-listed shares of Ma’s Alibaba (9988.HK) jumped 7%. Shares of Longshine Technology Group Co Ltd (300682.SZ),… Continue reading Ant-linked firms’ shares rise after news of Jack Ma ceding control; Alibaba jumps, article with image
Why Goodyear is all in on making tires from corn and soybean oil
The era of making tires solely from various unfriendly Earth materials is coming to a close, at least according to Goodyear Chairman and CEO Rich Kramer. “It’s the right thing to do as we think about the sustainability goals that we and our customers have,” Kramer told Yahoo Finance Live from the floor of this… Continue reading Why Goodyear is all in on making tires from corn and soybean oil
Automakers Monetize Car-Level Data as Connected Economy Revs Up – PYMNTS.com
For automakers, making and selling the car is a start — selling data is what comes next. To that end, automaker Stellantis NV — which makes Jeeps and Fiat cars, among other autos — is establishing a new, software-focused unit to harness car-level information and provide some additional revenue streams and thus some top-line torque.… Continue reading Automakers Monetize Car-Level Data as Connected Economy Revs Up – PYMNTS.com
These 6 Club stocks look reasonably priced as Wall Street shuns high flyers
We’re growing increasingly worried about some richly valued companies in our portfolio, including the likes of Nvidia (NVDA) and Microsoft (MSFT). Expensive stocks remain out of favor on Wall Street — just as they had been for much of last year — and there could be more room for them to fall as recession fears… Continue reading These 6 Club stocks look reasonably priced as Wall Street shuns high flyers
Buffett-Backed BYD Trounces Tesla as China Economy Reopens
(Bloomberg) — While shares of Tesla Inc. are melting down lately on demand concerns, Chinese rival BYD Co. is on a tear as investors applaud its record sales year and widening footprint in the world’s biggest electric vehicle market. Most Read from Bloomberg The US-listed shares of Warren Buffett-backed BYD have gained 8.5% over the… Continue reading Buffett-Backed BYD Trounces Tesla as China Economy Reopens
Nexus Circular Secures $150 Million to Accelerate Momentum of Advanced Recycling Solution for Plastics
The funding round, led by Cox Enterprises, will accelerate the growth of Nexus Circular’s market-leading advanced recycling process ATLANTA, Jan. 3, 2023 /PRNewswire/ — Today, Nexus announced it has agreed to terms for an equity raise of $150 million. Cox Enterprises, focused on building the world’s most innovative businesses in cleantech and environmental sustainability, led the… Continue reading Nexus Circular Secures $150 Million to Accelerate Momentum of Advanced Recycling Solution for Plastics