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Agritech startup from Indonesia TaniGroup raised $10 Million in Series A Funding

Agritech startup from Indonesia TaniGroup raised $10 Million in Series A Funding

Viraj Shah

Indonesia agritech startup TaniGroup, which operates agricultural e-commerce products recently raised $10 million in Series A funding. The company runs the agritech e-commerce platform TaniHub and TaniFund, a P2P lending platform and plans to utilize the funds for product development and expansion. As a P2P lending platform, TaniHub and TaniFund is not affected by stock…

Alibaba group holding ltd

Alibaba Group Holding Ltd (NYSE:BABA) in Trouble With Hong Kong SFC

The Hong Kong’s Securities & Futures Commission (SFC) said that Alibaba Group Holding Ltd breached the takeover rules in its acquisition of CITIC 21CN Company Ltd. by entering another deal during the acquisition process. CITIC 21CN, in which the e-commerce company bought a stake in 2014, is now known as Alibaba Health Information Technology Limited. How Alibaba Group Broke Takeover…

Alibaba (BABA)

Alibaba Group Holding Ltd (NYSE:BABA) Enters $1bn Cloud Partnership with Nvidia

Lindsay Taylor

Alibaba Group Holding Ltd announced a partnership with Nvidia Corporation  that will see the two firms collaborate on development of artificial intelligence and cloud computing technologies. An estimated 1,000 developers will be hired to create a big-data platform over the next three years. The partnership will see the Chinese e-commerce giant, through its subsidiary Alibaba…

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News Corp (NWSA), Groupon (GRPN), Walt Disney (DIS), Sprint (S) – Earnings Preview

News Corp (NASDAQ: NWSA), Groupon Inc (NASDAQ: GRPN), Walt Disney Co (NYSE: DIS) and Sprint Corp (NYSE: S) will announce quarterly numbers on Tuesday. Here’s what investors can expect: News Corp (NASDAQ:NWSA) News Corp is scheduled to release its third-quarter numbers after the close of trade on Tuesday. The owner of Dow Jones Newswires and…

bnp paribas

BNP Paribas Stock: Strong Revenue Growth is Driving the Rally; Analysts Lift Targets

Siraj Sarwar

BNP Paribas (BNP) stock price is extending the upside momentum after beating fourth-quarter estimates. The bank’s strategy of expanding its foot-prints in European markets is among the biggest contributor to revenue growth in analysts’ view. The market pundits are also showing confidence in its operational efficiencies and cost cuttings. “The beat on capital and earnings…

Private Banks Record Low Profits, Feels the Heat From Challenger Banks

Private banks across Europe have recorded low profits in about a decade since the great depression of 2008. A report by the McKinsey points out that the dwindling benefits can be attributed to reduced investor inflows, rising costs, and the weakening financial market. Banks from Western Europe declined by 8% to €13.5 billion from €15.4…