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...According to industry groups, as many as two-thirds of venture backed start-ups will need to raise money this year....
...Global venture capital funding for start-ups fell from more than $530bn in 2022 to about $340bn last year. Global deal numbers dropped, too, to a five-year-low of 37,808 in 2023, according to KPMG....
...It has a sizeable war chest of more than $100mn and a portfolio that includes logistics company Kobo360 and software training group Andela, which has also received investment from the Chan Zuckerberg Initiative...
...Beyond meeting its own logistics needs, Amazon’s third-party shipping service could mushroom into a new business area akin to its cloud computing....
...An attempt to ban the service in 2020 failed in court, and a legal challenge is expected on free-speech grounds....
...For good reason: the US spent an estimated $4.5tn on healthcare services in 2022, according to the Centers for Medicare and Medicaid Services....
...Enterprise Ireland is by far Europe’s most active venture capital fund by deal count, according to PitchBook, a VC and private equity platform....
...Citadel Securities was a supporter of Lutnick’s last attempt to take on the CME in 2007, which failed partly because the venture lost its planned clearing partner....
...The companies have been discussing the venture for about six months, but have not settled on its brand name, management team or pricing....
...US regulatory approval of new stock market funds that invest directly in bitcoin has fuelled gains for cryptocurrencies more broadly and spurred a new wave of venture capital into speculative projects....
...Heads of IT in large financial services companies “have more freedom and ability to spend money”, says Vinoth Jayakumar, a partner at Molten Ventures, a UK venture capital firm that invests in European tech...
...The emergence of cross-border ecommerce platforms such as Shein, Temu and TikTok Shop last year, along with swift developments in logistics and payment services, has enabled an increasing number of export-driven...
...Venture funds raised an unprecedented amount of cash during the coronavirus pandemic....
...Northern India’s suffocating, toxic air was a big factor in Akash Gupta’s decision to quit his decade-long climb up the corporate ladder and start a last-mile electric vehicle logistics company....
...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...The company is also working with Singapore-based FEST Auto to sell EVs to the European logistics market....
...The new joint venture gets at the heart of the dilemma of modern TV viewership. Streaming is no doubt the future. But a fragmented marketplace renders any single streaming service unprofitable....
...In European countries experiencing recessions, demand for express services fell....
...These would service a long-standing deep seaport inside Kampot’s sleepy cow pasture and rice field-filled special economic zone....
...The writer is the founder of Khosla Ventures The US House of Representatives in March overwhelmingly passed a bill to force divestiture of TikTok from its Chinese parent....
...“By raising the stakes for banks supporting sensitive trade with Russia, our coalition is pouring sand into the gears of Russia’s military logistics.”...
...“The rapid evolution of digitalisation in recent years has led to diverse companies, from tech to entertainment, venturing into the auto industry and coming up with various services and products,” Mazda...
...On Wednesday, the one-time pandemic darling acknowledged the new reality by announcing a partnership with food delivery service Uber Eats....
...He was a day-one investor in venture capital giant Sequoia Capital, as well as other leading private capital groups including Benchmark Capital and Hillhouse Investments....
...Barings is suing a Nomura-backed venture after most of its top private credit team defected to the new firm, in what the fund manager described as one of the “largest corporate raids at an asset manager...
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