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Page 54

American Express considers consuming Kabbage

SoftBank, UPS, Santander, ING, Scotiabank and Recruit could exit the business finance platform in a deal reportedly sized at up to $850m.

Aug 11, 2020

MyGlamm makes up PopXo purchase

Doosan, Gree, Oppo and Summit Media have exited the young female-focused social media platform in an acquisition by MyGlamm.

Aug 10, 2020

Q Cells eats up Geli

Shell is set to exit the energy storage platform developer in an acquisition by Q Cells, which is already utilising its technology.

Aug 10, 2020

Apple catches Mobeewave in $100m deal

Samsung, Mastercard and Sberbank have exited the mobile payment app developer in a purchase reportedly sized around the $100m mark.

Aug 4, 2020

Tongcheng Life links up with Linlinyi

Bertelsmann, Joyy and Tencent-backed group buying platform Tongcheng Life has joined forces with Suning-backed peer Lininlyi in a deal that involved a nine-figure dollar investment.

Aug 3, 2020

Cafeyn catches Blendle in acquisition deal

Springer, Nikkei and The New York Times have exited curated news provider Blendle, which has been purchased by peer Cafeyn.

Jul 31, 2020

GE Ventures investments head to 40 North

GE Ventures has divested stakes in 16 companies including Carbon, Desktop Metal and Proterra to venture firm 40 North Ventures.

Jul 31, 2020

Wu snaps up her former GE assets

Daily leader from editor-in-chief James Mawson.

Jul 31, 2020

Joymode finds comfort in acquisition

Naspers Ventures-backed Joymode has been saved through an acquisition by XRC Labs, having failed to scale its consumer goods rental service effectively.

Jul 31, 2020

Gentex absorbs Vaporsens

University of Utah spinout Vaporsens has been acquired by Gentex for $10.5m after the corporate had supplied $3m in equity financing.

Jul 29, 2020

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