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Global Savings Group acquires French cashback company iGraal for €123.5M

Global Savings Group acquires French cashback company iGraal for €123.5M

by admin | Mar 23, 2020 | News

Germany’s Global Savings Group (GSG), the e-commerce content company, has acquired French cashback company iGraal for €123.5 million in a mixture of cash and stock. Specifically, the deal was reached with iGraal’s majority owner M6 Group, and consists of €35 million...
Jumia adapts Pan-African e-commerce network in response to COVID-19

Jumia adapts Pan-African e-commerce network in response to COVID-19

by admin | Mar 23, 2020 | News

Pan-African e-commerce company Jumia is adapting its digital retail network to curb the spread of COVID-19. The Nigeria headquartered operation — with online goods and services verticals in 11 African countries — announced a series of measures on Friday. Jumia will...
Canada, Australia pull athletes out of Olympics, as the IOC says it will consider postponing Tokyo Games

Canada, Australia pull athletes out of Olympics, as the IOC says it will consider postponing Tokyo Games

by admin | Mar 23, 2020 | News

The Canadian Olympic Committee announced that it will not send athletes to the Tokyo Olympic Games, as the International Olympic Committee weighs a decision on whether or not to postpone the event during the COVID-19 pandemic is currently. Meanwhile, the Australian...
MasterClass is launching free, live Q&A sessions with big shots in their respective industries

MasterClass is launching free, live Q&A sessions with big shots in their respective industries

by admin | Mar 23, 2020 | News

MasterClass is known for selling access to pre-recorded online classes by a long list of people who are among the best at what they do, from tennis great Serena Williams to writer David Sedaris to chef Thomas Keller. More recently, however, the company added live...
Lilium raises another $240M to design, test and and run an electric aircraft taxi service

Lilium raises another $240M to design, test and and run an electric aircraft taxi service

by admin | Mar 23, 2020 | News

Long and short distance travel have all but stopped for many people at the moment. But looking forward to a time when that may no longer be the case, a company designing flying taxis is today announcing a large round of funding to help continue developing its product....
IBM, Amazon, Google and Microsoft partner with White House to provide compute resources for COVID-19 research

IBM, Amazon, Google and Microsoft partner with White House to provide compute resources for COVID-19 research

by admin | Mar 22, 2020 | News

During today’s White House coronavirus task force press conference, President Trump announced the launch of a new public/private consortium to “unleash the power of American supercomputing resources.” The members of this consortium are the White House, the Department...
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