Chinese unicorn Dingdong, backed by SoftBank Vision Fund II, is aiming for a more than $6 billion valuation in its New York debut as the grocery app joins Asian tech startups seeking to tap into the ... ( read original story ...)
Factbox: Money, money, money: the cost of Tokyo’s pandemic-delayed Games
Despite local opposition amid the coronavirus pandemic, the Tokyo Olympic Games that were postponed last year will get under way in exactly a month - barring "Armageddon", as one International Olympic ... ( read original story ...)
The money pushers: The world is embracing Japan-style economics
As the world emerges from COVID-19 era economic stimulus measures, Japan's experience looms large. Last year, total debt worldwide surged by 35 percentage points to over 355% of global GDP according ... ( read original story ...)
Bitcoin drop below $30,000 sparks fears of another crypto winter — here’s why bulls aren’t worried
Bitcoin's brief drop below the symbolic price threshold of $30,000 on Tuesday has reignited talk of a crypto winter. ( read original story ...)
Sweetgreen Files For IPO
Culver City-based salad chain Sweetgreen filed for an IPO, the company announced Monday. The company confidentially submitted a draft registration statement on Form S-1 with the Securities and ... ( read original story ...)
A $7 Billion Fintech Super App Eyes 12-Fold Growth, IPO by 2025
Viva Republica Inc., operator of South Korea’s largest fintech startup Toss, raised more than $400 million at a $7.4 billion value, to help the super app grow sales 12-fold by 2025 as it heads for a ... ( read original story ...)
AP source: Middleton, Holiday, Love commit to Tokyo Games
Jrue Holiday is planning to try to follow in his wife’s footsteps and win an Olympic gold medal. Holiday has committed to USA Basketball for next month’s Tokyo Games, along with his Milwaukee teammate ... ( read original story ...)
Naomi Osaka, Usain Bolt, Tony Hawk and More Star in ‘Stronger Together’ Campaign Ahead of Tokyo Olympics
Canadian sprinter Andre Degrasse, Syrian swimmer Yusra Mardini and skateboarder Nyjah Huston are also featured ... ( read original story ...)
Crypto is ‘the future of finance’: Why Gen Z is ditching traditional investments—but with caution
Here's a look at why Gen Z and young millennial investors are building portfolios of cryptocurrency and meme stocks. ( read original story ...)
Crypto investor Novogratz says bitcoin may see more pain but won’t go into free fall like before
"Listen, I'm less happy than I was at $60,000, but I'm not nervous," bitcoin bull Mike Novogratz told CNBC after the cryptocurrency fell below $30,000 on Tuesday. ( read original story ...)
Coinbase plunges along with bitcoin and the rest of crypto
Bitcoin prices are tumbling. And so are shares of top cryptocurrency trading firm Coinbase Global.Coinbase fell 5% Tuesday and is now trading at about $212 — not far from its all-time low and a far ... ( read original story ...)
What Smart Investors Should Know About Crypto Mining
As cryptocurrency gains more widespread acceptance and usage, crypto mining companies are coming under the spotlight. ( read original story ...)
Why China’s kicking out the crypto miners
China has been upping its regulatory squeeze on cryptocurrencies for some time, but it now looks likely that over 90% of Bitcoin mining capacity in the country will shut down, according to a report in ... ( read original story ...)
Tokyo 2020 president defends decision to allow spectators amid public frustration
With 30 days to go until the start of an Olympic Games dogged by the coronavirus pandemic and by controversy, Tokyo Olympics President Seiko Hashimoto defended the organisers' decision to allow ... ( read original story ...)
Data sensing co IDENTI Medical completes TASE IPO
Israeli medical data sensing company IDENTI Medical (TASE: IDNT) has raised NIS 27 million in an oversubscribed IPO on the Tel Aviv Stock Exchange (TASE), at a company valuation of NIS 75 million, ... ( read original story ...)
Japan’s Mitsui to sell stake in Indonesia’s coal power plants operator
Japanese trading house Mitsui & Co said on Tuesday it had agreed to sell its stake in Indonesia's PT Paiton Energy, which operates coal power plants, to RH International (Singapore), a unit of Thai ... ( read original story ...)