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Hainan Golden Raises $141M In Funding Round Led By Tencent

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Hainan Golden Technology Co. Shenzhen Capital Group Co., and China Finance Fund — as well as existing investors Hillhouse Capital, Wanda Group, Prometheus Capital and IDG Capital — all participated in the funding round. CDH Investments, China Investment Corp. billion.

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Car Talk: Shift Announces Plans To Go Public

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“We are excited to partner with Shift and its world-class management team as it leverages its technology platform to disrupt the $840+ billion used car market,” said Daniel Cohen, chairman of the board of directors of Insurance Acquisition Corp. Arison said the move was about adding capital to scale the company.

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VR Venture Gets Hollywood Backing

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Dreamscape Immersive, a new virtual reality technology startup, is looking to find growth and opportunity in the film and entertainment industry. 21st Century Fox and Metro-Goldwyn-Mayer — along with an investment from director Steven Spielberg, according to The Wall Street Journal. have also reportedly invested in Dreamscape.

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High-Profile — But Secretive — Funding For B2B FinTechs

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For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. that looks to apply distributed ledger technology to payments and settlement.

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

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Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. Amazon is advancing warehouse automation tech with a big leveling up of its autonomous cart technology. metros with more set to be added by Amazon by year’s end.

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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

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We seek to partner with capital-efficient businesses that are on rapid growth trajectories and look forward to working with Shipt and playing a role in the continued advancement of the company.”. Founded and based in Birmingham, Alabama, Shipt launched in Nov. Founded and based in Birmingham, Alabama, Shipt launched in Nov.

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Peapod And Alexa Deliver Greater Grocery Ordering Convenience

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It delivers to homes and businesses in 24 metro markets and has more than 200 pickup locations. We love new technologies, particularly when they fit so naturally into household planning.”. The eCommerce giant reportedly plans to invest $500 million in the food segment as it capitalizes on increasing Internet penetration in the country.

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