Blackbird raises Australia’s largest venture capital fund at over $640M

Australian venture capital firm Blackbird said Wednesday it has raised Australia’s largest venture capital fund at just over AUD$1 billion ($640 million) in committed capital. The fund, consisting of a AUD$284 million ($180.77 million) core fund, AUD$668 million ($425.2 million) follow-on fund and NZ$75 million ($43.76 million) dedicated New Zealand fund, will help Blackbird deliver on its…

Yiren Digital Reports First Half 2022 Financial Results

BEIJING, Nov. 3, 2022 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform in China, today announced its unaudited financial results for the six months ended June 30, 2022. First Half 2022 Operational Highlights Holistic Wealth Business Cumulative number of clients served reached 2,970,548 as of June 30,…

GIC and ESR establish a US$600 million Joint Venture to invest in Core Industrial and Logistics Assets in India

The new Core JV provides focused capital for investments into core industrial and logistics assets in India SINGAPORE, HONG KONG and MUMBAI, India, Nov. 3, 2022 /PRNewswire/ -- GIC and ESR Group Limited ("ESR"; SEHK Stock Code: 1821) announced, today, an 80:20 strategic partnership to establish a US$600 million joint venture ("Core JV") to acquire income-producing core industrial and logistics…

Leading Australian Kitchen Business Launches 3D Room Planner with 3D Cloud by Marxent

The new partnership between 3D Cloud™ by Marxent and Australia's Kinsman Kitchens and Wardrobes launches with a fun twist on Australia's #1 renovation reality TV show. ST. PETERSBURG, Fla., Nov. 3, 2022 /PRNewswire/ -- Today 3D Cloud™ by Marxent, the 3D experience platform for furniture and home improvement, announced a partnership with Kinsman, a leading Australian manufacturer and retailer of…

Igloo launches blockchain-based weather index insurance for rice farmers in Vietnam

Singapore-based insurtech Igloo, in partnership with PVI Insurance, Vietnam Meteorological and Hydrological Administration (VNMHA) and international reinsurer SCOR, on Tuesday launched the country’s first weather index insurance - a blockchain-based parametric index insurance product that automates insurance claims of rice farmers. Igloo said in a statement with underwriting support from PVI…

MyyShop Wins the “Fastest Growing Global Social Commerce SaaS Platform” at the Global Brand Awards 2022 by Global Brands Magazine

BEIJING, Nov. 1, 2022 /PRNewswire/ -- MyyShop, a cross-border e-commerce Software as a Service (SaaS) platform launched by DHGATE Group in 2020, has been recognized by Global Brands Magazine's annual awards as the Fastest Growing Global Social Commerce SaaS Platform. MyyShop, a cross-border e-commerce Software as a Service (SaaS) platform launched by DHGATE Group in 2020, has been recognized by…

Gearing up to 11.11: TikTok Shop Shopping Center offers an exciting shopping experience

JAKARTA, Indonesia, Nov. 1, 2022 /PRNewswire/ – For Indonesian netizens, double-date sale promotion is the most awaited moment to make online transactions. Including the upcoming 11.11 sale, where the '+62' netizen will get to re-embrace abundant promotions from various merchants and interact with the sellers through entertaining live streams in TikTok Shop Shopping Center feature in TikTok App.……

ORIGIN Innovation Awards 2022: Announcing Startup Leader of the Year & Corporate Sustainability Champions finalists

We are thrilled to announce the full list of finalists for the third edition of the ORIGIN Innovation Awards. The third iteration of ORIGIN Innovation Awards launched with the theme “Sustainable Innovations, Lasting Impacts.” This year’s awards focus on how innovations are making an impact on sustainable development goals. Nominations for the ORIGIN Innovation Awards began on June 15, 2022…

Hekka Announces Huge Black Friday Sale

SINGAPORE, Nov. 1, 2022 /PRNewswire/ -- The holiday shopping season is back and bigger than ever. As part of its 1st anniversary celebration, the brand will unveil a series of lucrative deals from November 1 to November 25 (EST). Hekka.com Early Black Friday 2022 Campaign Hekka, a rapidly expanding international online marketplace, is ringing in the holiday season offering huge savings to…