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Page 200

Essential Products estimates value of sale

The smartphone producer, which has raised $330m from investors including Tencent, Amazon, Foxconn and Access Industries, is in talks to be acquired.

May 25, 2018

Edinburgh's bet on FanDuel pays off

Paddy Power Betfair will put up $158m in cash and its US assets to merge with fantasy sports platform FanDuel, a spinout from University of Edinburgh.

May 24, 2018

GCV Symposium Day Two: Danone hails sustainability in business

Lorna Davis, senior advisor to Danone's CEO, delivered a keynote speech through a video call on the importance its involvement in the B Corp initiative.

May 24, 2018

Cowarobot finds route to series B funding

SoftBank's Chinese VC unit, SBCVC, has co-led a $21.1m round for autonomous service robot developer Cowarobot, with the funds to go to R&D.

May 23, 2018

Foxconn writes down $200m Snapdeal investment

Foxconn subsidiary FIH Mobile has written down all but $3m of the $200m it provided for Snapdeal in 2015, according to its 2017 financial report.

May 22, 2018

Home24 moves towards $235m IPO

Rocket Internet-backed e-commerce platform Home24 is seeking between $178 and $235m as it prepares to float on the Frankfurt Stock Exchange.

May 18, 2018
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