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Q1 2018: Single PE Mega-Deal Dominates Quarter With All Other Segments Slowing; Robust VC Investment In Q1 Follows Two Back-To-Back $1B Quarters In 2017

Canadian private equity investment activity experienced a slower quarter in Q1 2018 with $6.5B invested over 137 deals. $5B of that total was from the buyout of Husky Injection Molding Systems Limited with participation from CVCA member OMERS Private Equity Incorporated. This deal aside, there is a significant cooling in activity in the first quarter of 2018, with… Continue reading Q1 2018: Single PE Mega-Deal Dominates Quarter With All Other Segments Slowing; Robust VC Investment In Q1 Follows Two Back-To-Back $1B Quarters In 2017

Technology innovation on the second half of the chessboard

EarthNow recently announced a $1 billion investment, perhaps the largest-ever Series A financing round, to build a global constellation of satellites. Ant Financial announced plans to raise $9 billion at an expected $150 billion valuation, making it the most highly valued privately held company. Last year, SoftBank embarked on a $100 billion investment fund, 30… Continue reading Technology innovation on the second half of the chessboard

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How ZTE became the focal point of US/China relations

Here in the States, ZTE has been content with a kind of quiet success. The Chinese smartphone maker has landed in the top five quarter after quarter (sometimes breaking the top three, according to some analysts), behind household names like Apple, Samsung and LG. Suddenly, however, the company is on everyone’s lips, from cable news to… Continue reading How ZTE became the focal point of US/China relations

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Microsoft Pay comes to Outlook

Microsoft Pay — Microsoft’s answer to Android Pay and Apple Pay that was originally launched in 2016 as Microsoft Wallet — is getting a little more useful today. At Build, Microsoft announced that it will be integrating its digital wallet service into Outlook. This means that, for the first time, when a company sends you… Continue reading Microsoft Pay comes to Outlook

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Deliv now offers same-day delivery for Shopify retailers

Deliv, which partners with retailers like Macy’s, Best Buy and PetSmart to offer same-day delivery, is enabling Shopify retailers to offer scheduled, same-day delivery to customers. This is thanks to a partnership with Zapiet, a store pickup and local delivery plug-in for Shopify. Zapiet helps Shopify retailers manage store inventories and configure the confines of… Continue reading Deliv now offers same-day delivery for Shopify retailers

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Uber Acquires JUMP

Uber has acquired bike-sharing startup JUMP for an undisclosed amount of money. This comes shortly after TechCrunch reported that JUMP was in talks with Uber as well as with investors regarding a potential fundraising round involving Sequoia Capital’s Mike Moritz. At the time, JUMP was contemplating a sale that exceeded $100 million. We’re now hearing… Continue reading Uber Acquires JUMP

Self Care Apps are Booming

Millennials may be a bit obsessed with self-care — and it’s beginning to pay off for the makers of self-care and digital wellness apps. According to data from multiple app store intelligence firms, the category is now seeing notable growth. In the first quarter of 2018, the top 10 grossing self-care apps in the U.S.… Continue reading Self Care Apps are Booming

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On-demand shipping startup Shyp is shutting down

After rocketing to a $250 million valuation in 2015 amid a massive hype cycle for on-demand companies, on-demand startup Shyp  is shutting down today. CEO Kevin Gibbon  announced that the company would be shutting down in a blog post this afternoon. The company is ending operations immediately after, like many on-demand companies, struggling to find a scalable model beyond… Continue reading On-demand shipping startup Shyp is shutting down

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