Alibaba’s Holiday AI Shopping Campaign Generates 120 Million Orders
Alibaba Group said its Qwen chatbot app’s AI e-commerce service has generated more than 120 million orders from Chinese consumers over the past six days, since the company last week started giving a...
Singapore’s Grab Reports First Full-Year Profit
Grab, Southeast Asia’s largest ride-hailing and food delivery company, reported full-year profits for the first time, a little more than four years after it went public via merging with a blank-chec...
Hyperliquid Strategies Deploys $129.5M Into HYPE
Hyperliquid Strategies (PURR) has made a decisive move in the market, purchasing 5 million $HYPE tokens for $129.5 million at an average price of $25.90.
The acquisition significantly increases its e...
Understanding the valuation of intangible assets in tech deals
In a technology M&A deal, whether you are acquiring or selling a tech or software business, valuation rarely hinges on a single dimension. Financial performance, growth efficiency, and cash flow durab...