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The startup is only one year old.
Philippine cloud kitchen startup Kraver’s Canteen has secured $1.5 million (P72.7 million) in its latest round of seed funding, becoming a leading figure in the emerging cloud kitchen ecosystem. The funding round was led by Foxmont Capital Partners, a Philippine venture capital ...
 
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Everyone’s go-to design platform is now a multi-billion dollar company.
Canva, every student and worker’s go-to free design platform, has just set a new record for itself after raising $71 million in its latest funding round, bringing the design startup’s valuation to $15 billion as of April, 2021. The new funding was ...
 
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It could be the Philippines' biggest IPO ever.
National Grid Corp. of the Philippines has picked banks to work on its initial public offering and has increased its targeted size to at least $1.5 billion, according to people with knowledge of the matter, paving the way for the biggest listing ...
 
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It could also lead to a new digital bank in the Philippines.
JG Summit has teamed up with Tyme, a digital bank from South Africa with plans to expand TymeBank in South Africa, the Philippines, and more.JG Summit and private equity fund Apis Partners have invested $110 million (P5.3 billion) in Tyme, and the ...
 
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The Champagne brand, owned by rapper and businessman Jay-Z, is famously known for its Ace of Spades logo on a metallic silver bottle.
Despite a significant plunge in profits last year, LVMH has made the decision to buy a 50-percent stake in Armand de Brignac. The Champagne brand, owned by rapper and businessman Jay-Z, is famously known for its Ace of Spades logo on a metallic ...
 
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Phoenix would like to set the record straight.
Earlier today, we burst everyone’s bubble with this story explaining why Converge and its CEO Dennis Anthony Uy was not partnering with SpaceX and mega-billiionaire Elon Musk to bring high-speed internet to the Philippines. At least not yet.And it looks like we ...
 
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But global stocks are mixed.
Bitcoin moved closer to $50,000 for the first time on Tuesday, while the dollar declined as equity traders monitored anticipated US fiscal stimulus and Covid-19 vaccine developments.Asia's main stock indices closed stronger, with Tokyo hitting a 30-year high, while the Dow Jones ...
 
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Avion School is producing new batches of Filipino software engineers.
Filipino startup Avion School has just bagged a $125,000 investment from Y Combinator, a U.S.-based accelerator that has invested in Airbnb, Dropbox, and Reddit.Avion School is an edtech startup that teaches aspiring software engineers in only 12 weeks. It was only formed ...
 
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No word yet on its launch date.
The Philippine Stock Exchange (PSE) is pushing through with its plans to introduce short selling to the local bourse. According to PSE president Ramon Monzon, short selling will begin as soon as the details are ironed out with the Securities and Exchange ...
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