Recent Posts

Jungle Ventures raises $175mn from Temasek

Bloomberg Singapore’s Jungle Ventures has raised $175 million from investors including Temasek Holdings Pte for the first close of its third fund, according to people familiar with the matter. The firm is likely to exceed its original target of $200 million as it finishes raising money for the fund in the next few months, said the people, asking not to ...

Read More »

Land Rover’s new Defender hits Kenya for tough terrain test

Bloomberg Jaguar Land Rover’s revamped Defender sport utility vehicle is headed for the rugged slopes of Kenya to tow heavy loads and wade through rivers before the resurrected icon goes on sale next year. Testing of the prototype will take place in the Borana Conservancy and include carrying supplies across unforgiving terrain in real-world trials at the 14,000 hectare reserve, ...

Read More »

Alphabet continues slump on ad revenue slowdown fears

Bloomberg Alphabet Inc. reported first-quarter revenue that missed analysts’ estimates and spar-ked fears that advertisers are shifting some spending to digital rivals. Shares of Google’s parent company were down 7.8 percent during pre-market trading in New York on Tuesday. The stock closed at a record $1,296.20 shortly before its earnings were published. Sales came in at $29.5 billion, excluding payments ...

Read More »
Send this to a friend