Raises
GameStop raises US$2.14 billion on back of Roaring Kitty-led rally
GAMESTOP raised roughly US$2.14 billion from a share sale programme as it capitalised on a stock rally after Keith Gill talked up the shares following his return to YouTube.The...
China’s Space Pioneer raises 1.5 billion yuan to fund development of reusable rockets
BEIJING-BASED rocket developer Space Pioneer said on Thursday (Jun 6) that it had completed more than 1.5 billion yuan (S$280 million) round of fundraising that will go towards financing...
Nium raises US$50 million in Series E round
GIC and Temasek-backed payments startup Nium has raised US$50 million in a Series E funding round, which values the company at US$1.4 billion post-money. The funding round was led...
Maersk raises 2024 guidance on strong demand, Red Sea disruptions
DANISH shipping group AP Moeller-Maersk on Monday (Jun 3) raised its full-year profit guidance for the second time in a month on the back of strong container market demand...
Google’s latest data centre raises its investment in Singapore to S$6.7 billion
GOOGLE has increased its investment in infrastructure in Singapore to S$6.7 billion with the completion of its fourth data centre here.
This is up from US$850 million in 2022 when...
Google’s latest data centre raises its investment in Singapore to S$6.7 billion
GOOGLE has increased its investment in infrastructure in Singapore to S$6.7 billion with the completion of its fourth data centre here.
This is up from US$850 million in 2022 when...
Spotify raises US prices of its premium plans in margin push
SPOTIFY raised prices for its premium plans in the US on Monday (Jun 3), the latest step by the Swedish music-streaming service in its push to increase margins.
On a...
Abercrombie raises outlook, extending ‘90s fashion comeback
Abercrombie & Fitch raised its full-year outlook after it blew past first-quarter sales estimates and extended its bounce back from the teen fashion graveyard.The retailer now expects net growth...
