Saturday, February 27, 2021

Founders of LinkedIn and Zynga to buy flying taxi start-up Joby

LinkedIn co-founder Reid Hoffman and tech entrepreneur Mark Pincus are nearing a deal to merge their blank cheque company with Joby Aviation, valuing the flying taxi developer at about $5.7bn, said people briefed on the matter. Reinvent Technology Partners, their special purpose acquisition company, which raised $690m in a public listing in 2020, is finalising […]

IPOs within Europe have best start to year since 2015 with €8bn haul

A flurry of tech and ecommerce listings have given Europe’s market for initial public offerings its best start to the year since 2015, as extended pandemic lockdowns fuel investor enthusiasm for digital companies.  So far this year, companies listing on European stock exchanges including London’s have sold €8.4bn in equity through 16 deals, according to […]

OOOOO Live Shopping app fights Amazon as it reaches first spot in iOS shopping charts

Only after 2 months established in the UK, the OOOOO app is now ranked No1 shopping app in the UK ahead of Amazon. OOOOO is a live-streaming video commerce platform that helps people earn a living doing what they love. The company was founded in 2020 by Sam Jones (ex-Wish) and Eric Zhang (ex TikTok) […]

Mission Possible: Climate-Action Partnership Launched to Help Transform Heavy Industry and Transport

he Mission Possible Partnership, a new coalition formed to accelerate the decarbonization of global industries representing 30% of global emissions, launched today at the Davos Agenda. Run by the World Economic Forum, Energy Transitions Commission, Rocky Mountain Institute and the We Mean Business coalition, the Mission Possible Partnership aims to accelerate several pathways for decarbonizing […]