Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China and rising interest rates convinced worried investors to sell. The Nasdaq Composite Index, which is where many of the country’s largest technology companies trade their shares, was down 219.4 points, or 3 percent, to […]
That is US$40 billion more than previous estimates, the report said Southeast Asia’s internet economy is set to skyrocket to US$240 billion by 2025 — about triple the size (US$72 billion) this year — according to the e-Conomy SEA 2018 report jointly commissioned by Google and Temasek. The report, which takes into account four key internet sectors, […]
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Lamudi claimed to be in a “comfortable” financial situation with a “clear path” towards break-even Global real estate platform for emerging market Lamudi has named two European media and digital classifieds companies Ringier AG and Axel Springer as its new strategic investors, through an undisclosed funding round. Following the investment, the two investors will share […]
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