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Financials / Deals

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Crowd Works shears nine-month loss to Y70.2m

Leading Japanese crowdsourcing company Crowd Works Inc. (TSE: 3900) has succeeded in significantly reducing its losses for the nine months ended June 30, 2019, to Y70.2 million ($663,757 U.S.). This was due to the growing demand for freelance and side jobs, according...

Tencent recovers with solid Q2

Tencent Holdings Ltd. “sustained solid user, revenue and profit growth” in Q2 2019, according to chairman and CEO Pony Ma Huateng. The company’s revenues rose by 21% to 88.8 billion RMB ($12.5 billion U.S.). This included strong gains in fintech...

Recruit Holdings invests in Properly

Global staffing giant Recruit Holdings has invested in Canadian tech start-up Properly Inc. — an AI-powered IBuyer. The Series A round is reportedly worth $22 million U.S. Recruit plans to help the company develop peripheral services related to property sales...