The company plans to complete the series C funding round by the end of 2020.
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It specializes in domestic travel, which has seen a significant rebound as a result of Vietnam’s effective handling of Covid-19.
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The latest iPad Air was made available for purchase at Apple here in late 2020 – today we’re going through the details. This iPad Air (2020, 8th gen) will cost you approximately $600 if you buy it all at once, and it delivers a look and an experience quite similar to that of the iPhone 12 – so what’s the … Continue reading
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Bank of England and US Reserve among those pondering own digital dollars China has announced a significant new trial of its digital currency, co-incidentally on the same day influential central banks laid out their plans for a similar effort.…
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Apple is suing former recycling partner GEEP Canada — now a part of Quantum Lifecycle Partners — for allegedly stealing and reselling at least 103,845 iPhones, iPads and Watches that it was hired to disassemble. “At least 11,766 pounds of Apple devices left GEEP’s premises without being destroyed - a fact that GEEP itself confirmed,” reads a portion of Apple’s complaint, as reported by The Logic (via AppleInsider). Apple sent the recycling firm over 500,000 iPhones, iPads, and Apple Watches between January 2015 and December 2017, according to The Logic’s report. When Apple did an audit, it discovered 18 percent of those devices were still accessing the internet through cellular networks. That 18 percent doesn’t count Apple devices... Continue reading…
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Starting this week, Microsoft opened orders for the next generation in official Xbox Wireless Controller sales. The Xbox Wireless Controller in Shock Blue is entirely new. This is a “vibrant hue, not yet seen on any [official Microsoft-made] controller.” To be clear, today we’re talking about the new, 2020-and-beyond Xbox Wireless Controller series made for Xbox Series X and Windows … Continue reading
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The small startups with their big problem-solving ideas and the company that wants to make content better with tech
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The deal is expected to close in roughly 18 months.
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The cash infusion comes after Silver Lake invested US$1.35 billion in Reliance Industries’ digital services arm Jio Platforms earlier this year.
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Existing investors Tiger Global, General Atlantic, and Owl Ventures also participated in the US$500 million round.
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The startup witnessed 2.5x year-on-year growth in GMV in Q2 2020 due to the rise of ecommerce in Indonesia.
With its latest funding, Ruangguru can survive for more than two years before running out of cash considering its current burn rate.
It expects to grow its revenue to US$443 million and US$450 million for Q3.
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