Line is by far the most popular messenger app in Thailand. After Japan, it is its second-largest market. Right now, it has almost 40 million active users in Thailand.
Before October 20, the parties have to file either a joint proposal for Kik’s investors, or a document with a proposal on how to proceed.
QuantumScape said that it plans to go public. It is the latest transportation startup to integrate with a special purpose acquisition company or SPAC.
The Japanese startup ispace which is planning several lunar lander missions has raised about $28 million in a Series B funding round to help it prepare for several missions to the Moon in the coming years.
Alibaba (BABA) stock is rising on the news of its “innovation base” in partnership with BMW. The companies are working to support tech startups in China.
In a token sale that has again proven that investors still have a keen interest in Ethereum applications, the blockchain data startup The Graph has raised $5 million in funding from investors.
After closing on Friday with a profit of 11.72%, Ford stock is up 4% now. The rally is attributed to the launch of four key vehicle models: 202 F-150, Mustang Mach-E, Bronco Sport SUVs and Bronco.
Coin Metrics has raised $6 million in its Series A funding round. The company will use the money raised to diversify its product line and expand its team.
With coronavirus outbreak spreading a lot of fears to the global investors, talks of a vaccine are bolstering the Moderna (MRNA) stock value. However, it is still an early call, as the vaccine takes over a year to go through the regulatory testing rounds.
Joining the Libra Association, Tagomi will contribute at least $10 million to spend on the developing cryptocurrency. It will also support Libra, providing the necessary technical and policy assistance.
Visa, BNP Paribas and a number of other prominent companies have just backed payments startup Currencycloud that powers popular fintech apps like Monzo and Revolut.
Two Prime’s FF1 Token combines the features of a close-ended fund, asset-backed token, and a secure store of value. The token sale will take place not in the form of a typical ICO but as a Continuous Token Offering (CTO).
To power its Anchorage Trading brokerage, the company has acquired Merkle Data startup and started integrating its technology.
The acquisition of Plaid will bring benefits to both companies. It may add 100 basis points to Visa’s net revenue growth by 2021.