Alibaba Group has offered to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO) of the logistics business in Hong Kong. In the Chinese e-commerce giant’s…
Canva, the world’s only all-in-one visual communication platform, has announced today the acquisition of Affinity, the award-winning creative software suite for professional-level photo editing, illustration, graphic design, and page layout. The acquisition significantly strengthens Canva’s vision of creating the most…
Apple has just dropped the dates for its epic WWDC event, happening from June 10 to June 14. Get ready to stream the action live on Apple’s website, and for a lucky few, there’s an exclusive invite to kick things…
EVOLOH, Inc., a pioneering manufacturer of electrolyzer stacks for hydrogen production, has successfully closed an oversubscribed $20 million Series A funding round. The investment was spearheaded by Engine Ventures, with notable contributions from a subsidiary of NextEra Energy Resources and…
PipeDreams, a tech-enabled home services provider, secured another $25.5M in Series A funding led by Canvas Ventures and Plural, bringing its total equity funding to $39M. Angel investors include Tony Xu, the founder of DoorDash; Thomas Layton, the founder of…
PARIS: Retail giant Carrefour has announced a significant share buyback, acquiring 25 million of its own shares from Galfa, a subsidiary of the Motier group. This transaction, representing approximately 3.5% of Carrefour’s capital, will see Galfa’s remaining stake in the…
LONDON, UK: W.A.G payment solutions plc, known as Eurowag, a leader in the pan-European payments and mobility sector for commercial road transport, has announced its preliminary financial results for the year ending December 31, 2023. The Group reported a strong…
LONDON, UK: AIREA plc, a leading UK-based specialist in design-led flooring, has reported a significant increase in its annual financial results for the year ending December 31, 2023. The company, known for its innovative approach to flooring solutions, has seen…
LONDON, UK: CPP Group (AIM: CPP), a provider of real-time, digitally delivered assistance products that alleviate disruptions to everyday life for millions worldwide, announced its annual financial results for the year ending December 31, 2023. The company has seen a…
LONDON, UK: Smiths Group PLC, a leader in engineering innovation, has announced a solid half-year performance with a notable 3.9% increase in organic revenue and a 16.5% surge in orders for the first half of the fiscal year ending January…
LONDON, UK: TruFin plc has announced the finalization of its deal to sell the intellectual property and assets of its augmented reality and gamification AdTech platform, Interact, to VCI Global Ltd (VCIG). The transaction, which was initially disclosed on November…
LONDON, UK: Zotefoams, a pioneer in cellular materials technology, has announced the appointment of Ronan Cox as the Group CEO designate. The announcement follows the company’s earlier statement on 7 November 2023. Cox, who brings a wealth of international leadership…