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Fintech investment powerhouse Ribbit Capital aims for $420 million with its latest fund
Ribbit Capital, the financial technology investment firm whose portfolio includes hits like the no-fee mobile investment platform Robinhood; cryptocurrency wallet and marketplace provider Coinbase; and Root Insurance, the automotive insurance platform that just joined the billion-dollar startup club; is raising $420 million for its latest fund, according to a filing with the Securities and Exchange Commission. (Fonte: TechCrunch)
Alibaba si allea con Mail.Ru
Alibaba ha stretto un accordo per il controllo del 10% (valore 484 milioni di dollari) di uno dei principali giganti tecnologici russi, Mail.Ru Group. Grazie alla partnership Alibaba controllerà il 48% in una nuova joint venture da 2 miliardi di dollari nell’ecommerce che sarà chiamata AliExpress Russia e di cui Mail.Ru Group e altre due entità russe controlleranno le quote restanti. (Fonte: Retail Institute Italy)
Google to invest $140 million to expand data center in Chile
Google will invest $140 million to expand the tech giant’s sole data center in Latin America, a development Chile’s president hailed on Wednesday as proof of the country’s enthusiastic participation in “the fourth industrial revolution.” The expansion, announced by Google and Chilean officials, represents the company’s second stage of growth for the data center in Quilicura, near Santiago, which became fully operational in 2015. Google said the new investment will triple the data center’s size to 11.2 hectares (27.7 acres) and create more than 1,000 new jobs in the construction process and 120 new permanent jobs. (Fonte: Reuters)
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