Online fashion firm Shein seeks $3 billion as its value plummets

Shein, the global fast fashion giant, is reportedly raising a hefty amount as the startup community anticipates a funding shortage. The e-commerce site, which is famed for its outrageously priced clothing and clever TikTok marketing, is ....

Kakao Entertainment bags over $964M investment from GIC, Saudi Arabia’s PIF

Kakao Corp, a South Korean technology conglomerate, has recently announced that its subsidiary Kakao Entertainment had received a 1.2 trillion won (over US$964 million) investment from top sovereign wealth funds. As per analysts, the dec....

EU encourages pre-departure Covid tests for people flying from China

The European Union has reportedly urged its member countries to mandate COVID-19 testing for all travelers arriving from China. The announcement came on Wednesday, as Beijing aims to relax travel restrictions for its citizens on January ....

UK’s response to China lifting travel restrictions still under review

The UK's response to China's opening up to international travel is reportedly under evaluation, claims the defense secretary. Ben Wallace made the remarks after a government representative stated that there were no plans to requi....

Arctic winter storm across the U.S. and Canada to wreak havoc this Christmas

Experts warn that the freezing temperatures wreaking havoc across the United States and Canada can reportedly cause frostbite on exposed skin in just five to ten minutes. Ahead of the busiest travel days of the year, a strong Arctic wint....

Alipay+ connects with 1M users to provide special holiday offers

Third-party mobile and online payment platform, Alipay+, has recently unveiled its first year-end promotion campaign with the merchants across Europe and Asia, in partnership with five Asian e-wallet partners: Kakao Pay (South Korea), GCash....

Vonage unveils Salesforce Shield Security for Vonage Contact Center

Vonage, a global leader in cloud communication, has reportedly announced that it is launching Salesforce Shield for SCV (Service Cloud Voice) and VCC (Vonage Contact Center). This will offer additional compliance with corporate and industry....

COVID-19 curbs eased in China, but dollar keeps gains in check

Oil prices surged to some extent in Asian trade recently, considering the hopes of further relaxation of COVID-19 curbs in China, which could help in recovering the demand in the world's second-largest economy, despite a firmer U.S. dol....

Stc Bahrain, Crayon & Microsoft partner to equip firms with new tech

Stc Bahrain, a leading digital enabler, inked a strategic alliance agreement with Crayon and Microsoft to provide Microsoft services portfolio to its business clients. As part of its collaboration with Crayon, a Microsoft Cloud Solutions Pr....

Tesco website goes down as 290,000 try to get Christmas delivery slots

The website of Tesco, a multinational British grocery and general retail company, saw its wait list reach almost 300,000 as shoppers tried to get a Tesco Christmas delivery slot for themselves. According to credible sources, shopper....

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