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Animoca Brands, a crypto gaming and metaverse conglomerate valued at $6 billion in 2022, is considering a public listing in Hong Kong or the Middle East as early as next year, co-founder and executive chair Yat Siu said.
That would mark a return to public markets for the company, more than four years after it delisted from the Australian Securities Exchange amid questions about its accounting. Hong Kong and the Middle East have emerged as crypto-friendly hubs by developing regulations tailored to crypto co
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Read through enough contracts, invoices or purchase orders—any business documents, really—enough times, and your eyes probably glaze over. Ondrej Antos experienced it as a law clerk nearly a decade ago. When Antos met Nischal Nadhamuni at the Massachusetts Institute of Technology in 2016, the pair went on a three-hour-long walk in Cambridge, Mass., and decided to start a company to tackle the problem.Klarity, their startup, began in 2017 by building... Read more ›
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Under pressure from regulators in Europe and elsewhere, Apple in recent years has taken small steps toward making the iPhone easier for consumers to repair. But self-repair remains a cumbersome step for consumers—particularly when it comes to battery replacement. Under a law passed by the European Union last year, phone makers have to ensure smartphone batteries can be replaced by their owners with easily accessible tools by 2025. With that... Read more ›
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Animoca Brands, a crypto gaming and metaverse conglomerate valued at $6 billion in 2022, is considering a public listing in Hong Kong or the Middle East as early as next year, co-founder and executive chair Yat Siu said. That would mark a return to public markets for the company, more than four years after it delisted from the Australian Securities Exchange amid questions about its accounting. Hong Kong and the... Read more ›
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Amazon plans to launch a section on its shopping site featuring cheap items that ship directly to overseas consumers from warehouses in China, according to slides shown to Chinese sellers, marking the e-commerce giant’s most aggressive response yet to the growth of bargain sites like Temu and Shein. The new marketplace will offer unbranded fashion, home goods and daily necessities, according to the slides, and orders will take 9 to... Read more ›
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Anduril has lined up backers for one of the biggest venture deals this year. The defense startup is close to finalizing a $1.5 billion investment co-led by Peter Thiel’s Founders Fund, according to two people involved in the deal. Sands Capital, known for investments just before public offerings, is co-leading the deal as a new investor, according to one of those people. The investment will value the 7-year-old company at... Read more ›
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01.07.2024 05:34
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