Tag Archives: million

Ride hailing firm Grab secures up to $700 million in debt facilities

SINGAPORE (Reuters) – Grab, the main Southeast Asian rival of Uber Technologies Inc [UBER.UL], said on Friday it had secured debt facilities of up to $ 700 million to help it create the largest car rental program in southeast Asia. … Continue reading

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Exclusive: This Startup Just Nabbed $5 Million to Solve a Thorny Software Problem

Deploying business software has gotten very complex. Backplane, a startup that says it can help companies manage the complex software deployments of the cloud computing era, has emerged from stealth with $ 5 million in seed funding—and a service it … Continue reading

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EU orders Amazon to repay $295 million in Luxembourg back taxes

BRUSSELS (Reuters) – Amazon (AMZN.O) on Wednesday was told to pay about 250 million euros ($ 294.38 million) in back taxes to Luxembourg, the latest U.S. tech company to be caught up in a European Union crackdown on unfair tax … Continue reading

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In France, Snap's Discover news feature gets 10 million monthly users

(Reuters) – Snap Inc, searching for ways to reinvigorate a slowing growth rate and increase advertising revenue for its Snapchat messaging app, said this week it has racked up 10 million users for its Discover news and video feature in … Continue reading

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