Business
Yandex and TCS Group gave up the Takeover of Tinkoff – Online Bank
Russian Internet giant Yandex has been in talks with the TCS group over the 100% acquisition of Tinkoff Bank. TCS Group Holding is the parent company of Tinkoff Bank. The deal was agreed for $.5.48 billion; which translated to about $27.64 per share. This price included a premium of 8% on Tinkoff’s GDR price. Yandex […]
Samsung beats Xiaomi to become India’s No. 1 Smartphone brand
Even as per the report published by Buyer Insights Survey 2020, Samsung is slated to see increased sales in the coming months. Samsung might be the next choice of mobile phone upgrade in the next couple of years. This will harm Xiaomi. The Samsung growth story Since its early foray into the consumer electronics segment […]
Indian E-Commerce industry sees 31% Growth in Q3 2020
A recent report published on Wednesday has come up with some startling revelations. The Indian E-Commerce Industry has undergone a heavy growth in their order volume by almost 31 percent in the third quarter of 2020. This is calculated until the end of September. However, while the value of orders has shown a significant increase, […]
SoftBank acquired 9.7% Stake in Edu-game firm Kahoot!
Softbank has invested $216 million in Kahoot to assist the game-learning platform in financing accelerated growth through strategic partnerships and joint ventures. Softbank has considerable experience and expertise in managing software companies. Earlier, Softbank has invested in a European gaming startup Supercell and Unacademy, an Indian e-learning enterprise. Disney and Microsoft and Northzone and Creandum […]
Apple will Largely Benefit from the Growth in the Gaming Market
Features of Annie App App Annie offers digital industry information on mobile analytics. The app gives pertinent information gathered over websites and nearly 8 million apps. Annie app reports throw light on online behaviors and quantify them for better analysis. This data helps in understanding customer behavior and planning strategies to acquire and expand your […]
Skoda Partners with Lumos Labs and Microsoft for Blockchain Solutions
A futuristic partnership held by Skoda Auto DigiLab, India with Microsoft and Lumos Labs for developing blockchain solutions in manufacturing has been forged. This move will be a defining one especially in the next generation of cars being manufactured. Skoda Auto DigiLab, India is an ideal center for Skoda Auto Volkwagen to develop increased mobility […]
Uber Introduces Employee Commuting Options
Uber has introduced several commuting options, especially targeted to aid employees in their commute. As part of its ‘Uber for Business’ initiative, the company has launched a couple of additional services. By participating in this, organizations can sign up for a dedicated transport program and provide their employees with a daily commuting option. Organizations that […]
Battery Maker Romeo Systems goes Public
There has been a merger of the electric vehicle battery manufacturer Romeo Systems Inc. and RMG Acquisition Corp to the tune of $1.33 billion. Romeo Systems Inc. is said to raise about $384 million. The funds acquired through the merger will be channelized towards research and development on battery system technologies for commercial vehicles. Capacity […]
Fresh Meat Packaging Market to Experience a Hike in Growth in Coming year
Transparency Market Research delivers key insights on the fresh meat packaging market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019 – 2027. In terms of revenue, the global fresh meat packaging market is projected to expand at a CAGR of 4.5% during the forecast period, due to several factors, about […]