Tag Archives: buys

Yandex, “Russia’s Google”, buys online fashion retailer KupiVIP

Yandex, the so-called ‘Google of Russia’, has announced it has agreed to buy online fashion retailer KupiVIP. The deal will be completed after the summer. Yandex will buy and then integrate online clothing store KupiVIP into Yandex.Market, the company said in a statement Monday. The deal should be completed in the third quarter of this year, once it gets approval of the Federal Antimonopoly Service, Yandex said. According to the statement, the deal will allow Yandex.Market to… Source link

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Today in European Tech: Northvolt is reportedly raising €2.2 billion, Doktor.se scores €50 million, Yandex buys KupiVIP, and more

Hello! Here’s what happened today in European Tech. Deals – Israeli ad-tech company Tremor has filed for an IPO on Nasdaq, after its share price has risen by almost 500% on the London Stock Exchange over the past year to a market cap of about £1.1 billion. – Planet, a Galway-based fintech company, has secured investment from Advent International, a private equity firm. Existing shareholder Eurazeo has sold a portion of its stake to Advent. The deal, according to Eurazeo,

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Blockstream Buys Demeester’s Adamant in Expansion Into Bitcoin Investment Products – Yahoo Finance

Bloomberg Merkel’s Twilight Months Cloud German Crisis Rebound: Eco Week (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.The Germany economy is enduring a moment of flux as it tries to shake off the coronavirus crisis, just as the era of Chancellor Angela Merkel draws to a close.In just four months on Wednesday, voters will choose a new government in an election that augurs a turning point as she leaves a political void after 13… Source link

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Cathie Wood Buys Tesla Amid Musk Bitcoin Spat, Burry Shorts

TipRanks Goldman Sachs Predicts Over 50% Rally for These 3 Stocks Take a good look at the headlines, and you’ll be excused for thinking that we’re back in 1979. The late Carter years are remembered as the time of ‘stagflation:’ high inflation, high unemployment, fuel shortages, and a general malaise. So far, we’ve seen fuel shortages and gas station lines across the Southeast, rising commodity and housing prices, and unemployment ticking up even as the number of job openings… Source link

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ARK buys another $64 mln in Coinbase shares, sells $99.5 mln of Tesla shares

Bloomberg China’s Internet Stocks Face More Pain, Top Global Investors Say (Bloomberg) — After a historic antitrust crackdown on China’s biggest tech companies last week, investors are betting there is more pain ahead.GAM Investments, BNP Paribas Asset Management and JP Morgan Asset Management Inc. see more regulatory tightening in China’s clampdown on monopolistic practices, putting pressure on the country’s leading internet stocks over the next few months. The Hang Seng Tech Index,… Source link

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Tom Lydon Talks China Buys And Infrastructure Potential

Joining the “ETF Report” with host Alexis Christoforous on Yahoo Finance, ETF Trends’ CEO, Tom Lydon, was on hand to talk about where the record amount of ETF flows has been heading over the past couple of quarters, in addition to China’s recent tech stock decline, and the potential for infrastructure. Finishing the first quarter of 2021 with close to $240 billion in new assets, Lydon explains how that puts the market on pace for a trillion-dollar year in ETFs, which would be… Source link

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Dan Snyder Buys Out Washington Football Team’s Minority Owners

Washington Football Team owner Dan Snyder has reached an agreement to buy out his minority partners, according to people familiar with the deal, ending a long public fight over the future ownership of one of the NFL’s most valuable franchises. Snyder is paying roughly $900 million for stakes owned by Dwight Schar, Robert Rothman and Frederick Smith, which total 40.5% of the team, according to one of the people. The team in its entirety is worth $3.58 billion, according to Sportico… Source link

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Forget Buying the Dip, MicroStrategy Buys $15M of Bitcoin as It Nears the All-Time High

Bloomberg Bitcoin Hoard Fuels One of World’s Biggest Crypto Fortunes (Bloomberg) — It’s the latest corporate strategy for companies from Tesla Inc. to Square Inc.: shift a portion of cash reserves into cryptocurrencies as digital assets become more mainstream.Still, few have gone as far as MicroStrategy Inc. Eight months after its first investment, the software firm has a Bitcoin holding worth more than $5 billion.Shares of MicroStrategy have rocketed almost 600% since mid-July, boosting… Source link

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Software Firm Meitu Buys $22M of Ether, $17.9M Bitcoin for Its Treasury

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

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