Financials / Deals


Ringier invests in blockchain startup Bot Labs

Ringier invests in blockchain startup Bot Labs

Swiss media group Ringier AG has acquired a minority stake in the Berlin-based blockchain startup Bot Labs. The startup was founded by Hubert Burda Media, operator of careers network Xing, together with Ingo Rübe, the former CTO of the national publishing business at Burda.

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Disappointing 2018 continues for Fang

Disappointing 2018 continues for Fang

Fang Holdings Ltd. (NYSE: SFUN), formerly China’s largest property listings platform, continues to flounder in 2018 after seeing revenues fall by more than 37 percent in the first half of the year. Last year’s results were themselves considered very disappointing, indicating the scale of the challenge now faced by the embattled firm.

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Zigexn acquires TradeCarView

Zigexn acquires TradeCarView

Tokyo-headquartered Zigexn Inc., which operates multiple auto, jobs and property sites, has acquired Yahoo Japan's used-cars exporting site TradeCarView.com. The price and terms of the deal were not disclosed. 

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