Hospitality company OYO has reportedly raised investment from Microsoft at a valuation of USD 9 billion, according to a subject matter expert. The details of the funding round are yet to be confirmed. However, the final closure is likely t....

McDonald’s recently beat Wall Street’s estimates for its sales and profit as restaurants reopened despite a shortage of workforce and customers lined up to get their hands on a special meal inspired by the world-famous South Kor....

Maritime operations automation platform Greywing has recently launched Crew Change, a solution to assist shipping companies in managing testing, isolation, and other Covid-19 related regulations for their crew members. Crew Change uses dat....

German auto manufacturer, Volkswagen Group is reportedly in talks to purchase France-based car rental company, Europcar Mobility Group, in a deal that values the company at USD 3 billion. Europcar has been considering a potential offer at ....

Content-centric platform Bamboo Works has officially established itself as a premium business news provider by launching thebambooworks.com. The new platform will primarily be focusing on Chinese firms listed overseas, further bridging the ....

Popular new-age D2C (direct-to-consumer) personal care brand Mamaearth has reportedly raised USD 50 million in a funding round led by Belgian investment fund Sofina, valuing the company at USD 730 million. The round saw participation from ....

San Francisco-based passwordless authentication technology firm, Magic, has reportedly announced securing USD 27 million in Series A funding round led by Northzone. It has been reported that the first tranche was further headed by the parti....

Porsche AG has reportedly partnered with BASF to develop the next generation of lithium-ion batteries, which would be used in future Porsche electric vehicles worldwide. Cellforce Group, a joint venture between Customcells and Porsche, chos....

German multinational automotive corporation, Daimler AG recently stated that the acute shortage of semiconductor chips is expected to disrupt car sales during the latter half of this year, extending into 2022. However, the Mercedes-Benz ma....

Robinhood Markets Inc recently revealed that it is seeking a valuation of up to USD 35 billion during its IPO (initial public offering) in the U.S., preparing the ground for one of the most awaited stock market listings this year. The comp....