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With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. The round also came with participation from Daiwa PI Partners as well as returning investors Asia Growth Fund, Mirae Asset-Naver, and Line Ventures, according to reports.iPrice will reportedly utilize the funding to work on product discovery functions, with the inclusion of professional product reviews as well as recommendations. The platform, as of now, teams with super apps such as Home Credit and Line. Its last announcement for fundraising was in 2018 from the venture capital arm of Line.The companys total funding to date is approximately $19.8 million. It claims to have over 20 million vis stanley usa itors a month, and approximately 5 million transactions were conducted via its platforms last year. The core iPrice unit ran at a 30 percent EBITDA margin and comprised about half o stanley termosky f its revenue.iPrice started by accumulating discount codes and coupon codes at the time that it rolled out prior to growing into price aggregation to aid consumers find their way through an expanding list of online shopping platforms in Southeast Asia like Lazada, Shoppee, and Zalora. The platform, for its part, is split up into sections with the inclusion of automotive and fashion.It now purports to bring together over 1.5 million items from over 1,500 online shopping partners.In separate Asia eCommerce news, all-in-one eCommerce and technology firm Commerce. stanley quencher Asia has purchased a 30 pe Dwpe Sources Say Amazon Is Planning Investment In India Alt Lender
SoftBank, the Japanese聽company, has received regulatory approva stanley kubek l from the Tokyo Stock Exchange for the initial public offering IPO of its mobile unit, reported the Financial Times.According to a report in the Financial聽Times, the $21 billion initial public offering is slated for December 19 and is being marketed largely to Japanese聽retail investors who have been allocated slightly more than 87 percent of all the new shares being issued. Factoring in the overallotment, the IPO could raise stanley quencher $23.8 billion, which is close to the $25 billion Alibaba raised in its IPO back in 2014, no stanley website ted the Financial聽Times. If it is able to raise $21 billion, the mobile unit of SoftBank IPO would be close to the $22 billion raised by Agricultural Bank of China in 2010 and the $21.9 billion raised in 2006 by Industrial and Commercial Bank of China.The IPO is seen as a big shift for SoftBank and its founder, who built the company mobile unit via a 2006 acquisition of Vodafone Japan unit. SoftBank Founder and CEO Masayoshi Son is trying to take the company from a telecom centered one into a global investment company with the $100 billion Vision Fund it created a few years back. With the Vision Fund becoming a bigger driver of profit for SoftBank than its mobile business some investors聽have questioned separating it from its other cash cows, noted the report.聽Since its launch, the Vision Fund has made investments in roughly 300 companies, including in the artificial intelligence AI a
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A stanley cup canada ndreessen Horowitz is reportedly in talks to invest in TikTok as part of a bid by Oracle and other American investors that has emerged as the frontrunner among those aiming to acquire the social media app from its Chinese owner.The venture capital firm is working to add new outside investment for the buyout, the Financial Times reporte stanley cup d Tuesday April 1 .Co-founder Marc Andreessen has invested in other social media platforms, including making an early investment in Facebook and contributing $400 million to Elon Musks purchase of Twitter, now X, according to the report.The talks are ongoing and could end without a deal, the report said.Saturday April 5 is the deadline for the Chinese owners of TikTok to sell the U.S. arm to non-Chinese entities or see the app banned in the U.S., per the report.President Donald Trump said Sunday March 30 that TikTok will have a new owner before the deadline and there are a lot of potential buyers for the social media platform. Theres tremendous interest in TikTo stanley cup nz k, Trump told reporters aboard Air Force One, per Reuters. Id like to see TikTok remain alive, he added.An earlier Reuters report said private equity outfit Blackstone could be an investor in TikToks American operations, as the firm was considering joining the social media platforms Chinese parent company ByteDances existing non-Chinese shareholders.Those shareholders are led by Susquehanna International Group and General Atlantic. In their plan, TikTok U.S. would be spun off in Cqdx The B2B Contract Finds Its Strategic Role In Procure-To-Pay
Many businesses have embraced Big Data, and those that havent already plan to. Big Data often tops the list of information technology priorities for 2015. Data and its companion, analytics, may be the next big thing, but a new study from Forrester Consulting on behalf of Xerox shows a long list of challenges ahead. Executives see the potential of da stanley kaufen ta-driven intelligence taking root, but the soil is still quite rocky in spots, Craig Saunders, director, Analytics Resource Center, Xerox Consulting and Analytics Services said in a statement. The ecosystem is full of challenges. Trust IssuesIn identifying their top concerns about the current state of Big Data in business, the 300 senior-level executives at medium-to-large organizations 500 employ stanley termohrnek ees or larger surveyed across Western Europe couldnt select just one. In fact out of the 19 challenges they were presented with, nearly all of them were rated equally. By a very slim margin, data privacy and security took the top slot. Anxiety over privacy concerns isnt surprising, particularly in Europe where new regulations addressing data privacy are expected before the end of the year.A close second to security, poor data quality limits the success of Big Data. More than two-thirds of organizations included in the Forrester/Xerox study, titled Big Data in Western Europe Today, found inaccurate data in their systems. Low quality data is costly, 46 percent of respondents believed faulty data negatively impacted their business, ca stanley butelka u
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Tranch debuted an expanded version of its B2B payments platform to major enterprise clients in the United States.With the expanded product, law firms and other enterprise clients can leverage Tranchs payment experiences for their own customers, the company said in a Monday Nov. 13 press release.Tranch is a checkout platform tailored for the software and services industry, according to the release.The platform provides a suite of payment options that includes its Pay Now, Pay by Card and Pay Later, the release said.Pay Now stanley hrnek integrates with the RTP Network and the FedNow庐 Service to accelerate transactions through authenticated payments, per the release.Pay Later enables the customers of its clients to pay flexibly over two to 12 months up to $500,000, according to the release. Our commitment has always been to revolutionize the payment landscape for enterprises by transitioning them from traditional methods like checks and wires, Tranch CEO Philip Kelvin said in the release. We understand the need to ensure payments happen quickly, seamlessly and on each partys terms. With an innovative product offering which can be implemented in 72 hours by even the largest of firms, were changing B2B payments for the better. The rollout of this expanded product comes about 11 months after Tranch raised $100 million in a seed round to brin stanley canada g its B2 stanley mug B buy now, pay later BNPL platform to more Software-as-a-Service SaaS sellers and service providers by growing its team in the U.S. and expa Boem Luckin Stock Sinks 43 Pct Post-IPO
Keith Alexander, the former National Security Agency chief and head of the U.S. Cyber Command, recently spoke to cyber consultants about the potential dangers facing the financial industry. According to a recent Bloomberg article, Alexander retired in March, but is now trying to speak directly to banks about what they need to do to ensure national security. It would be devastating if one of our major banks was hit, because theyre so interconnected, Alexander told the news source.Alexander gave an example in his interview with the news source that depicted a successful major attack on a bank. According to the former NSA leader, the breach would shake consumer confidence even if the institution were able to recover quickly.Essentially, if a custome stanley cup rs banking stuff was just wiped out, and the bank had no record of how much money its customers had on deposit, the customer would have to go back to his or her last surviving record, but that might not be today, Alexander said.One obstacle to a stronger sys stanley cup tem, according to Alexander, is the fear banks have about privacy and liability when they give data to other firms and the government. Without a law that would set rules and protections for information-sharing, he added that a legitimate fear of his is that a 9/11 incyberspace will occur. Whats Hot is aggregated content. PYMNTS c stanley cup laims no responsibility for the accuracy of the content published by the original source.
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