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Chinese online tutor Zuoyebang seeks $600-$800 million at $6.5 billion valuation: sources
By Yingzhi Yang and Kane Wu BEIJING/HONG KONG (Reuters) - Online tutoring start-up Zuoyebang is in talks to raise $600-800 million in a new funding round as the coronavirus pandemic encourages investo...
Syndicated Content Jun 05, 2020
Instacart valued at nearly $14 billion in latest funding amid online sales boom
By Uday Sampath Kumar (Reuters) - Instacart said on Thursday it had raised $225 million in a new funding round, valuing it at $13.7 billion, as the grocery delivery company cashes in on a surge in onl...
Syndicated Content Jun 11, 2020
H&M’s online second-hand shop Sellpy launches in Germany
STOCKHOLM (Reuters) - Swedish online second-hand shop Sellpy, which is majority-owned by fashion giant H&M, has launched in Germany in a first step outside its home market as it bets on shoppers t...
Syndicated Content Jun 29, 2020
Macau junket Suncity gives rare details VIP finances in rebuttal of online criticism
HONG KONG (Reuters) - Macau's biggest junket operator Suncity, which operates VIP gambling rooms across Asia, has given rare insight into its balance sheet during a rebuttal of online criticism, sayin...
Syndicated Content Jul 13, 2020
Facebook purges ads for illegal wildlife in Southeast Asia as online trade surges
By Thu Thu Aung YANGON (Reuters) - An ad showing a civet cat cowering in a cage being offered for sale on Facebook was just one of hundreds that the social media giant has removed in a crackdown on So...
Syndicated Content Aug 06, 2020
UK clears Amazon deal to buy 16% stake in online food platform Deliveroo
(Reuters) - Britain's competition regulator on Tuesday cleared Amazon's purchase of a 16% stake in online delivery group Deliveroo, following a provisional nod in June. The Competition and Markets Aut...
Syndicated Content Aug 04, 2020
Online used-car retailer Carvana sees strong third quarter as vehicle demand rebounds
(Reuters) - Online used-car retailer Carvana Co said on Tuesday it expects record revenue and retail sales in the third quarter due to a strong rebound in demand for vehicles in the United States foll...
Syndicated Content Sep 22, 2020
Baidu-backed online tutor Zuoyebang seeks new funding at $10 billion valuation: sources
By Kane Wu and Yingzhi Yang HONG KONG/BEIJING (Reuters) - Chinese online education startup Zuoyebang has started a new fundraising drive at a valuation of $10 billion, said two people with direct know...
Syndicated Content Sep 30, 2020
Greta Thunberg takes climate strike online again as Sweden's COVID-19 cases mount
STOCKHOLM (Reuters) - Climate activist Greta Thunberg said on Friday she will stop her regular protest outside Sweden's parliament because of the surge in COVID-19 infections, and return to only campa...
Syndicated Content Oct 30, 2020
BoE governor wants UK bill to make Google tackle online scams: Sunday Times
LONDON (Reuters) - Bank of England Governor Andrew Bailey has been lobbying the British government to introduce a legal requirement for internet giants such as Google to take down financial fraud webs...
Syndicated Content Mar 21, 2021
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