Industry
Backpack Crypto Wallet and Exchange Founder Raises $17M; Startup Company Now Valued at $120 Million
Armani Ferrante made the crypto wallet and exchange venture successful as he raised $17 million in funding to aid global expansion and regulatory compliance as the exchange witnesses growing trading volumes.
Thailand’s Biggest Bank Closes A $860 Million Deal With Home Credit Vietnam
SCB X's acquisition of Home Credit's business in Vietnam for US$860 million will help its regional presence in a tech-savvy population.
Baidu's 6% Rise in Fourth-Quarter Revenue Fueled by AI Applications
China's top internet search engine saw a 6% rise in fourth-quarter revenue, buoyed by AI applications and expanding advertising, with adjusted net income soaring by 44%.
Tata Motors' $5 Billion Battery Factory Will Be in England, Promising 4,000 Job Opportunities
Tata announces that the new $5 billion battery factory in Bridgwater, Somerset will not just create 4,000 jobs, but will also drive Britain's electric vehicle transition.