Gaming and sports media platform, Nazara Technologies Ltd. has made its first acquisition after it listed on exchanges in March this year. The company has signed a binding term sheet to acquire West Asia- and Turkey-based mobile gaming publishing agency, Publishme in a primary and secondary purchase worth $2.7 million. As part of the deal,… Continue reading India: Nazara Technologies acquires Turkish game publisher Publishme …
Tag: Financial Results
India: Talent engagement platform Sense raises $16m led by Avataar Ventures
Artificial Intelligence-based talent platform, Sense, on Thursday said it has raised $16 million as part of its Series C funding round, led by Avataar Ventures. Existing investors Accel and Google Ventures also participated in the round. Along with the fund raise, Sense has roped in former InMobi executive Sanjay Dharmani as managing director for its… Continue reading India: Talent engagement platform Sense raises $16m led by Avataar Ventures
Philippine Airlines’s parent posts record loss, prepares restructuring plan
The parent company of Philippine Airlines booked a record 73 billion pesos ($1.51 billion) loss in 2020, up seven fold from a year earlier, after the COVID-19 pandemic lashed the global aviation sector. In a disclosure, PAL Holdings Inc said it is in the final stages of putting together a debt restructuring plan for the… Continue reading Philippine Airlines’s parent posts record loss, prepares restructuring plan
Asia Digest: Pak B2B marketplace Jugnu’s parent, S Korea’s Barogo raise funds
Pakistani software firm Saleflo and South Korean delivery platform operator Barogo have raised funding. Pakistan-based Jugnu parent Saleflo raises $3.2m Pakistani software firm Saleflo, the parent company of B2B marketplace Jugnu, has raised PKR 518 million ($3.2 million) from Systems Limited, a Lahore-based outsourced technology and business process services provider, KrAsia reported. Founded in 2015,… Continue reading Asia Digest: Pak B2B marketplace Jugnu’s parent, S Korea’s Barogo raise funds
@GM: GM Will Boost EV and AV Investments to $35 Billion Through 2025 June 16, 2021
GM will pull ahead construction of two new Ultium battery cell plants in the U.S., in addition to plants in Ohio and Tennessee now being built Growth investments enabled by GM’s strong underlying business, including record EBIT-adjusted in the last three quarters; GM increases first-half 2021 guidance DETROIT – General Motors Co. (NYSE: GM) announced… Continue reading @GM: GM Will Boost EV and AV Investments to $35 Billion Through 2025 June 16, 2021
Get Gaming Right Ohio Opposes SB 176, Which Could Bring Nearly 9,000 Underregulated Gambling Machines to Ohio
“We believe the current sports gaming legislation, which allows for the unprecedented expansion of casino-style slot machines, is incredibly bad for Ohio and we urge lawmakers to reject this bill,” said Dan Williamson, spokesperson for Get Gaming Right Ohio, a coalition of regulated and experienced gaming operators. “SB 176 will flood the state with nearly 9,000… Continue reading Get Gaming Right Ohio Opposes SB 176, Which Could Bring Nearly 9,000 Underregulated Gambling Machines to Ohio
Smart enforcement app for trucks launched to reduce logistics costs: ComMin
By using the integrated smart solution, data related to goods being carried on a truck would be fetched from the existing Goods and Services Tax Network (GSTN) and VAHAN databases and this data would be available to enforcement officers on the road in advance for approaching trucks. The government on Wednesday said it has launched… Continue reading Smart enforcement app for trucks launched to reduce logistics costs: ComMin
China to unveil tough rules to regulate $120b private tutoring industry
China is poised to unveil a much tougher than anticipated crackdown on the country’s $120 billion private tutoring industry, four sources told Reuters, including trial bans on vacation tutoring and restrictions on advertising. The new rules, which aim to both to ease pressure on school children and boost the country’s birth rate by lowering family living… Continue reading China to unveil tough rules to regulate $120b private tutoring industry
ZUUM Transportation Named Supply & Demand Chain Executive’s 2021 Top Supply Chain Project
IRVINE, Calif., June 16, 2021 /PRNewswire/ — Supply & Demand Chain Executive selects ZUUM Transportation as a recipient of the Top Supply Chain Projects Award for 2021. The Top Supply Chain Projects (formerly known as SDCE 100) spotlights successful and innovative transformation projects that deliver bottom-line value to small, medium and large enterprises. These projects show how… Continue reading ZUUM Transportation Named Supply & Demand Chain Executive’s 2021 Top Supply Chain Project
Nintex Honors 18 Organizations with 2021 Nintex Solution Innovation Awards
“We congratulate all of our 2021 Nintex Solution Innovation Award winners for their inspiring digital transformation success this past year,” said Nintex Chief Executive Officer Eric Johnson. “We applaud all of these award-winning organizations for their success in improving the way people work with the Nintex Process Platform.” Coca-Cola Beverages Florida, LLC (Coke Florida) achieved top… Continue reading Nintex Honors 18 Organizations with 2021 Nintex Solution Innovation Awards