How Roblox’s creator accelerator helps the gaming giant build new platform opportunities – ITPro.works

As Roblox eyes what could be a historic debut on public markets in the coming months, investors who have valued the company at $29.5 billion are certainly eyeing the gaming … Read More

Indian court rejects retail giant Future Group’s plea against Amazon – ITPro.works

An Indian court rejected Future Group’s plea that sought to prevent its partner Amazon from raising objections and interfering in the Indian retail giant’s $3.4 billion asset sale deal to … Read More

Logistics and truck rental giant Ryder joins the businesses making the jump into venture capital in 2020 – ITPro.works

While the launch of a $50 million venture capital fund by the shipping, logistics, and truck rental company Ryder System may have seemed like an odd strategic move, it’s actually … Read More

Alibaba Group will spend $3.6 billion to take control of Chinese supermarket giant Sun Art – ITPro.works

Alibaba Group said today it will spend about $3.6 billion to take a controlling stake in Sun Art, one of China’s largest big-box and supermarket chains. After the transaction is … Read More

Uber sells $500M stake in its freight business as the ride-hailing giant works to conserve cash – ITPro.works

One year ago, Uber’s business model could be categorized as an “all of the above approach,” a strategy to generate revenue from all forms of transportation, including ride-hailing, micromobility, logistics … Read More

Advertisements