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Tag: United States

Abu Dhabi leads $167 million investment in Spanish delivery app

A courier for Spanish on-demand delivery app Glovo. Glovo Spanish food delivery app Glovo has raised 150 million euros ($167 million) in a fresh round of funding to ramp up hiring and expand internationally. The financing effort was led by Mubadala, the sovereign wealth fund of Abu Dhabi, and was also backed by existing investors …

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Harvard dropout Bom Kim built Korea’s most valuable start-up

For many would-be entrepreneurs, Harvard’s prestigious MBA program provides an important step in the journey from dreamer to founder. But for Bom Kim, that step was quicker than most. Just six months into the program, he dropped out, determined to make it on his own. Now, less than a decade on, Kim is the billionaire …

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European markets mixed amid US-China trade developments

European markets opened mixed on Tuesday as investors await updates on a potential U.S.-China trade deal and monitor economic developments. The pan-European Stoxx 600 hovered fractionally below the flatline in early trade, with basic resources stocks jumping out to 1% gains while utilities fell 0.9% to lead losses. Asian shares rose during Tuesday’s session, following …

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Zilingo says it will help train women entrepreneurs in Indonesia

The logo of Zilingo is displayed on a window at the company’s office in Singapore. Ore Huiying | Bloomberg | Getty Images Southeast Asian fashion start-up Zilingo on Wednesday said it is launching a program in Indonesia, where it will provide microloans, vocational training and resources for women to run their own garment manufacturing businesses. …

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