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Grofers Raises $200M In SoftBank-Led Round
Grofers Raises $200M In SoftBank-Led Round
May 15, 2019  |  Investments

Grofers, the Indian online grocery startup, has raised more than $200 million in a new round of fundraising. Get the Full Story Complete the form...

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Ridehailing Startup Ola Launches Credit Card To Monetize User Base
Ridehailing Startup Ola Launches Credit Card To Monetize User Base
May 15, 2019  |  Ridesharing

Indian ride-hailing company Ola is getting into the credit card business, teaming up with SBI Bank in India and Visa to launch a credit card....

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KOHO FinTech Raises $42M To Fund Growth
KOHO FinTech Raises $42M To Fund Growth
May 15, 2019  |  Fintech Investments

KOHO, the Canadian FinTech, announced on Wednesday (May 15) that is has closed a $42 million round of fundraising. In a press release, KOHO said...

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Startups Merge To Take On Airbnb
Startups Merge To Take On Airbnb
May 15, 2019  |  Partnerships / Acquisitions

A group of four short-term stay startups in Europe have teamed up to create a new company and take on leader Airbnb. Get the Full...

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JPMorgan To Invest $125M In Underserved Communities
JPMorgan To Invest $125M In Underserved Communities
May 15, 2019  |  Financial Inclusion

JPMorgan Chase announced Wednesday (May 15) it is investing $125 million over the next five years to help the financial health of underserved communities across...

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US Retail Sales Fall In April
US Retail Sales Fall In April
May 15, 2019  |  Retail

As Americans reduced their spending on appliances and clothes, among other items, retail sales in the U.S. dropped in April. The Commerce Department said on...

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American Express To Acquire Resy
American Express To Acquire Resy
May 15, 2019  |  Retail

To build on its growing suite of digital-first benefits that go beyond rewards and points, American Express announced on Wednesday (May 15) that it has...

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San Francisco Facial Recognition Tech Ban Wins Support
San Francisco Facial Recognition Tech Ban Wins Support
May 15, 2019  |  Biometrics

Officials in San Francisco voted Tuesday (May 14) to ban the use of facial recognition technology by city workers in an 8 to 1 vote....

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New China Tariffs Can Boost Apple iPhone Costs By 3 Pct
New China Tariffs Can Boost Apple iPhone Costs By 3 Pct
May 15, 2019  |  Apple

New tariffs imposed by China could cause Apple’s iPhone production costs to rise as much as 3 percent, and negatively impact the company’s revenues. Get...

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