After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.36 apiece, which could see the firm raise up to about HK$26.4 billion or $3.4 billion, according to its new filing. JD.com, Alibaba’s e-commerce … Read more
Ride-hailing giant Gojek and marketplace Tokopedia said on Monday they have combined their businesses to form GoTo Group, the largest technology group in Indonesia, the fourth most populous nation that is currently navigating to contain the economic fallout from the coronavirus pandemic. Gojek’s Andre Soelistyo will lead the combined business as GoTo Group CEO, with … Read more
Moglix, an industrial business-to-business marketplace in India, said on Monday it has raised $120 million in a new financing round at $1 billion valuation, becoming the 13th firm from the world’s second largest market to attain the unicorn status this year. The startup’s Series E financing round was led by Falcon Edge Capital and Harvard Management … Read more
Snake Eyes has always been one of the most recognizable, popular characters in the G.I. Joe franchise, and now we’ll find out how he got there. The brand new film Snake Eyes: G.I. Joe Origins hits theaters July 23 and io9 was lucky enough to talk to the man behind the mask, Henry Golding, about … Read more
When you think of Snake Eyes you think of the mask, the swords, the unstoppable ferocity. But how did the popular G.I. Joe character become that guy we’ve seen in comics, cartoons, and toy aisles for decades? We’re about to find out, in a whole new way. The first trailer for Snake Eyes: G.I. Joe … Read more
Pine Labs, a startup that offers merchants payments terminals, invoicing tools and working capital, said on Monday it is raising $285 million in a new financing round as the nearly two-decade-old firm looks to expand its business. Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and Ward Ferry Management financed the new funding round, … Read more