Digital Ad Technology Firm TrueX to be bought by 21st Century Fox

21st Century Fox had announced the acquisition of TrueX, the digital ad technology firm. According to sources, the deal is worth approximately $200 million. TrueX was founded in 2007 and it makes technology which replaces a slate of video commercials or standard ads on digital TV, the web and mobile with one interactive advertisement. This […]

China’s Dietary Supplement Industry to Witness Steady Growth in the Future

In the last decade, China’s dietary supplement market has witnessed rapid growth and is currently ranked second in the world. With increase in economic growth and rise in prosperity of people, the demand for dietary supplement has gone up considerably. In 2013, the Chinese dietary supplement industry was valued at 186.9 billion yuan, which represented […]

Altice to Purchase Portuguese Assets of Telecommunication Company Oi

Oi, the Brazilian telecommunications company said that its board of directors had accepted an offer by the European cable mobile and television services provider, Altice to purchase its assets in Portugal. If the transaction is completed, it would allow the European firm to add mobile phone service to its existing cable television operations in Portugal. […]

GrabTaxi Receives Investment of $250 Million from Softbank Corporation

Softbank Corporation, the Japanese internet and telecommunications company has invested $250 million in GrabTaxi, one of Southeast Asia’s top taxi hailing apps. In a statement issued by both the companies, they said that the latest funding will make Softbank the largest investor in GrabTaxi. GrabTaxi is a startup launched in Malaysia in 2012 that now […]

GrabTaxi Receives Investment of $250 Million from Softbank Corporation

Softbank Corporation, the Japanese internet and telecommunications company has invested $250 million in GrabTaxi, one of Southeast Asia’s top taxi hailing apps. In a statement issued by both the companies, they said that the latest funding will make Softbank the largest investor in GrabTaxi. GrabTaxi is a startup launched in Malaysia in 2012 that now […]