hhyj Is It Real, or Is It AI
Tuge In UK, BEC Fraud Gains Ground on eCommerce Sites
Singapores ride-hailing super app Grab is going public in New York via a blank check merger with Altimeter Capital i [url=https://www.stanley-germany.de]stanley quencher[/url] n a deal that gives Southeast Asias most valuable startup a valuation of about $35 billion, Financial Times reported on Wednesday April 7 .Grab is set to finalize its merger agreement this week with Altimeter Growth 1, one of Altimeter Capitals two special purpose acquisition companies SPACs , sources told FT.聽The ride-hailing startup founded in 2012 has evolved into a technology platform offering food delivery and payments. The Grab deal with Altimeter is on track to be the largest SPAC merger to date, per FT.Grab will raise somewhere in the neighborhood of $2.5 billion via private investment in public equity. Almost $1.2 billion will come from Altimeter, whi [url=https://www.stanley-germany.de]stanley de[/url] ch will also backstop the sale of any shares in the SPAC by public shareholders when the deal is announced, sources said, per FT.Altimeter Growth 1 raised $450 million in 2020 and its share price surged 25 percent, the source told FT. The Silicon Valley venture capital firm manages $15 billion for a mix of private and public technology startups.聽Grab has a current valuation of more than $15 billion. The company has so far raised $12 billion and has about $5 billion in cash reserves.聽The deal will give Grab founder Anthony Tan about 2 percent of the listed equity, sources told FT.Some of Grabs largest investors include SoftBank, Uber and Toyota. The [url=https://www.cups-stanley-cups.us]stanley us[/url] company had been in talks with J.P. Morgan Chase Nrkq Distributing Distributed Ledger And Cross-Border Payments
Amazon has announced further expansion, this time through the acquisition of Manhattan-based artificial intelligence AI 3D body scanning startu [url=https://www.stanley-cup.us]stanley cup[/url] p Body Labs, according to Tuesday Oct. 3 reports from TechCrunch.The price associated with the deal has not been disclosed, but the news sites sources have suggested a range of $70 million to $100 million. Amazon has yet to make a statement on the purchase, but Body Labs has already announced the development.Founded in 2013, the software company uses AI and computer vision technology to create 3D human body models that are true to life and have myriad real-world and B2B software applications 鈥?including trying on virtual clothing and creating avatars for video games, according to TechCrunch. The startup raised more than $10 million through two investment rounds and saw $8 millio [url=https://www.stanleycup.pl]stanley polska[/url] n in Series A funding in November 2015.According to a recent CNBC article, Amazons acquisition of Body Labs may indicate its interest in further growth in the fashion industry. The company recently launched Amazon Wardrobe to help Prime customers try before they buy, and its Echo Look device gives fashion recommendations. Additionally, Amazon has launched 17 fashion brands since last year, nine i [url=https://www.stanley-cup.us]stanley usa[/url] n 2017 alone.It has been a busy year for Amazon, and the eCommerce platform shows no signs of slowing down. Fresh off its acquisition of Whole Foods Market this summer, Amazon is making greater strides into grocery as it looks to expand its Amazon Go prototype grocer
