Ascential plc, the specialist information, analytics and eCommerce optimisation company in the United Kingdom, has acquired Intrepid E-Commerce Services Pte. Ltd. (Intrepid), a provider of eCommerce execution services to brands in Singapore.
A strong governance and regulatory framework, international investor base, diverse offerings, efficient tax regime, political stability and vibrant secondary capital market are key reasons that make Singapore the preferred listing destination for REITs or Trusts.
Mottu, a São Paulo-based motorcycle rental startup, has raised $30 million in equity in a Series B round of funding, and also had secured $10 million in debt financing. Mottu started operations in early 2020 with a fleet of 200 motorcycles in its home city of São Paulo. By year’s end, it was up to 1,000 motorcycles and $2 million in annual recurring revenue (ARR). Today, the startup operates in eight Brazilian cities and Mexico City with a fleet of 10,000 motorcycles.
It’s deal-making time for generative AI model builders and publishers who can provide them with quality data. Germany publishing giant Axel Springer is trading access to its data for Microsoft adtech, AI, and Azure hosting solutions. Meanwhile, The Financial Times has struck a deal with OpenAI to license its content with attribution of summaries and quotes.