The US International Development Finance Corporation (DFC) has reportedly announced an investment of $54 million in India with an aim to support the country’s critical infrastructure project development amid the COVID-19 pandemic. Th....
The newly secured funds have allowed Glance to reach a valuation of around USD 1 billion. Glance also operates a popular video-sharing social media platform Roposo. Glance, one of the leading mobile lock screen platforms, recently anno....
The Australia Competition and Consumer Commission (ACCC) rejected the undertaking addressing the competition concerns submitted by Google Inc. on 22nd Dec 2020, hence further delaying the company’s plan to acquire fitness tracker make....
In recent turn of events, OneSmart International Education Group Ltd., a China-based leading premium K-12 after-school education services provider, has announced plans to restructure its investment portfolio such that to create a separate a....
In recent developments, Punta Morales-headquartered maritime shipping and logistics company, Sailcargo Inc., has reportedly employed a crew of more than 200 workers from 27 countries to develop a hybrid, pollution-free sailboat off the Paci....
Spotify, a digital music service company, has recently announced plans for its service launch in South Korea in the 1st half of 2021. The new announcement will provide access to nearly 60 million tracks and 4 billion playlists to listeners ....
Internet domain registrar and web hosting company GoDaddy Inc. has reportedly signed a contract to acquire Poynt, a California-based payments processor, for USD 365 million. The acquisition will allow the former to expand its commerce servi....
In a bid to circumvent the EU (European Union) privacy guidelines, American social networking giant Facebook Inc. is reportedly planning to shift all U.K. users to its California unit. The move will also void British users from their existi....
In recent developments, Murphy USA Inc., an Arkansas-based organization that operates a chain of retail gas stations, has reportedly agreed to acquire QuickChek Corporation in an all cash transaction of USD 645 million. The purchase price i....
Massachusetts-based leading provider of scientific instrumentations Thermo Fisher Scientific has reportedly announced the expansion of its site in Greenville, North Carolina. Sources close to the matter stated that the company will invest ....
© 2024 business-newsupdate.com. All Rights Reserved.