Wishpond achieved Adjusted EBITDA(1) of $0.6 million in Q3-2024, an increase of 79% compared to Q3-2023 and the best Adjusted EBITDA level since 2022. Wishpond is pleased to report it achieved an Adjusted EBITDA margin of 11% in Q3-2024 as a result of cost optimizations and restructuring of its sales team. VANCOUVER, BC, Nov. 20,… Continue reading Wishpond Reports Q3-2024 Financial Results with a 79% Year-over-Year Improvement in Adjusted EBITDA
Tag: M and A
OpenAI and Common Sense Media launch free AI training for educators
Zen Rial/Getty Images Generative AI tools such as ChatGPT and other assistants have the potential to improve teachers’ workloads, especially when it comes to lesson planning, grading, and personalized learning materials. However, knowing best practices is crucial to get the most out of the tech — and this new free AI course is meant to teach just… Continue reading OpenAI and Common Sense Media launch free AI training for educators
Investors in Asia see ‘true alpha’ returns amid market volatilityUnder-penetrated private assets are seen to be creating such returns in the region.
Private market investors in Asia are seeing investments with ‘true alpha’ returns — the excess return of an asset than its benchmark — despite the ongoing market volatility, according to some of the region’s top investors. “What we see in Asia, and what some investors are looking for in Asia, is what we call true… Continue reading Investors in Asia see ‘true alpha’ returns amid market volatilityUnder-penetrated private assets are seen to be creating such returns in the region.
PE Digest: Gaja Capital eyes IPO; TA Associates invests in Vee HealthtekGaja has reportedly roped in IIFL Capital to advise on the potential offering.
Domestic PE firm Gaja Capital is reportedly considering a market debut while TA Associates has invested in health tech firm Vee Healthtek. PE firm Gaja Capital eyes IPO Domestic private equity (PE) firm Gaja Capital is weighing a public market debut, which will make it the first standalone investor in the country to explore the… Continue reading PE Digest: Gaja Capital eyes IPO; TA Associates invests in Vee HealthtekGaja has reportedly roped in IIFL Capital to advise on the potential offering.
SG’s CapitaLand picks up GP stakes in SC Capital Partners for $214mThe real estate asset manager will acquire the remaining 60% stake in the SG-based …
Singapore’s CapitaLand Investment is purchasing a 40% stake in pan-Asia real estate fund SC Capital Partners for S$280 million ($214 million) to bolster its investment management capabilities. The real estate asset manager, part of Temasek-owned conglomerate CapitaLand Group, will acquire the remaining stake in the Singapore-based general partner in phases, according to an announcement on… Continue reading SG’s CapitaLand picks up GP stakes in SC Capital Partners for $214mThe real estate asset manager will acquire the remaining 60% stake in the SG-based …
German Manager Magazine: Volkswagen: IG Metall and VW works council propose salary waiver003748
IG Metall and works council want to join Volkswagen also reduce costs by sacrificing salaries in order to prevent plant closures and layoffs. This is envisaged in a separate future concept, which the employee representatives presented on Wednesday, one day before the next round of collective bargaining. The overall concept enables labor costs to be… Continue reading German Manager Magazine: Volkswagen: IG Metall and VW works council propose salary waiver003748
Canaan Inc. Announces the Execution of a Securities Purchase Agreement
Continues expansion of its self-mining expansion and Bitcoin mining machine business in North America SINGAPORE, Nov. 20, 2024 /PRNewswire/ — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company” or “We”), a leading high-performance computing solutions provider, today announced that it has entered into a securities purchase agreement (the “Securities Purchase Agreement”) with an institutional investor… Continue reading Canaan Inc. Announces the Execution of a Securities Purchase Agreement
Canaan Inc. Secures Follow-On Order from HIVE for 5,000 Avalon A15-194T Miners
Complementing the Earlier November Order of 6,500 Avalon A1566 Miners SINGAPORE, Nov. 20, 2024 /PRNewswire/ — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a leading high-performance computing solutions provider, today announced that Canaan Creative Global Pte. Ltd. (“CCG”), a wholly owned Singapore subsidiary of the Company, has entered into a follow-on order purchase agreement… Continue reading Canaan Inc. Secures Follow-On Order from HIVE for 5,000 Avalon A15-194T Miners
GameU Advances Inclusivity in Video Game Design with Autism In Entertainment Workgroup
GameU signs educational partnership with not-for-profit, Autism in Entertainment, highlighting career pathways in coding for the neurologically diverse FLEMINGTON, N.J. and IRVINE, Calif., Nov. 20, 2024 /PRNewswire/ — GameU – the provider of premium online coding courses, with a social mission to promote inclusivity in video game design – has signed an educational partnership with… Continue reading GameU Advances Inclusivity in Video Game Design with Autism In Entertainment Workgroup
MALAYSIA SIGNS MOC WITH NINE ASEAN COUNTRIES TO OPERATIONALISE REGIONAL CARBON MARKET AGENDA
BAKU, Azerbaijan, Nov. 20, 2024 /PRNewswire/ — Malaysia has embarked on a landmark partnership with carbon market associations from nine other ASEAN nations through the signing of a Memorandum of Cooperation (MOC) aimed at developing a unified carbon framework, the ASEAN Common Carbon Framework (ACCF). As the third-largest trader in the world, this strategic agreement… Continue reading MALAYSIA SIGNS MOC WITH NINE ASEAN COUNTRIES TO OPERATIONALISE REGIONAL CARBON MARKET AGENDA