Winzo Gives Hike 4X Return After $13 Mn Series B Funding

Winzo Gives Hike 4X Return After $13 Mn Series B Funding

Winzo raised additional capital from Stephan Pagliuca, Makers Fund, and Courtside Venture. Hike had earlier participated in WinZO’s $5 Mn Series A funding in 2019. WinZO bought back Hike’s stake in the company for $12 Mn. Vernacular social gaming …
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Singapore Airlines raises $1.5B via aircraft deal

Singapore Airlines Ltd. will continue to explore additional means of raising liquidity to weather the fallout from the Covid-19 pandemic that crimped demand for business and leisure travel worldwide. The airline said Monday that it has raised 2.0 billion …
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No more regulatory blind eye for Internet mergers and acquisitions in China

BEIJING (CAIXIN GLOBAL) – Chinese antitrust regulators are through turning a blind eye to the kind of deal-making that helped the likes of Alibaba Group Holding Ltd. and Tencent Holdings Inc. become Internet titans. As part of a sweeping crackdown on …
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Gold Price Today: Yellow metal trades higher on subdued dollar ahead of US data

Gold was trading above Rs 47,000 in the Indian market on May 3 supported by a muted dollar ahead of a string of US data. Silver, too, was up Rs 481 or 0.70 percent, at Rs 68,847 a kg. On MCX, June gold futures were up by Rs 317, or 0.68 percent, at Rs …
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Yellen on Inflation, Euro Zone Woes, Asia's Expansion: Eco Day

Here's the latest news and analysis from Bloomberg Economics to help you start the week. The Biden administration's economic plan is unlikely to create
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