Zepto becomes a unicorn after raising $200M for grocery delivery in India
Zepto, a grocery delivery startup based in Mumbai, India, has joined the coveted unicorn club after securing $200M in its Series E funding round, valuing...
M2 Capital bids £90 million for the household products chain Wilko
The struggling household products chain Wilko may have a chance to survive after receiving a £90 million offer from a private equity firm, M2 Capital....
Apple’s Next iPad Pro Could Be a Game-Changer
Apple fans, get ready for a major upgrade. The tech giant is reportedly working on a new generation of iPad Pro devices that will feature...
BYD Electronic to buy Jabil’s China mobile electronics business for $2.2 billion
BYD Electronic International Co Ltd, a subsidiary of Chinese electric vehicle maker BYD Co Ltd, announced on Monday that it has agreed to acquire the...
XPeng will acquire Didi’s EV subsidiary for over $740 million
XPeng, a Chinese electric car giant, announced on Monday that it will acquire Didi’s EV subsidiary for over $740 million and launch a new brand...
Roark Capital agrees to acquire Subway in a potential $9.55 billion deal
On Thursday, Roark Capital reached an agreement to acquire Subway, with insiders revealing that the transaction values the U.S. sandwich chain at a potential $9.55...
Mastercard and Binance will end their crypto card programmes
Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of Sept. 22, a spokesperson for...
PAI Partners acquires Alphia Inc.
PAI Partners, a renowned private equity firm, has announced its acquisition of Alphia, Inc., a major player in North America’s pet food co-manufacturing sector, from...
Sony Interactive Entertainment to acquire audio technology company, Audeze
Sony Interactive Entertainment LLC (SIE) has revealed its latest move, announcing a formal agreement to acquire Audeze, a prominent name in audio technology known for...
PAG agrees to buy controlling stake in Australian Venue Co from KKR
PAG, a leading Asia Pacific alternative investment firm, has agreed to buy the controlling stake in Australian Venue Co (AVC) from global investment firm KKR....
Code-writing AI startup Poolside raises $126m and moves to Paris
A US based startup that aims to build a tool that can write code using natural language has raised a whopping $126m in seed funding...
MediaTek leverages Meta’s Llama 2 to enhance on-device generative AI in Edge devices
MediaTek, a leading global fabless semiconductor company powering more than two billion connected edge devices every year, today announced it is working closely with Meta’s...