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TripActions Seizing Fintech Opportunity After COVID-19 Pivot algemeiner.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from algemeiner.com Daily Mail and Mail on Sunday newspapers.
Share TripActions has acquired UK travel management company Reed & Mackay from its private equity owners. The terms of the deal are undisclosed. Reed & Mackay was founded in 1960 and is best known for its high-touch service for clients in the insurance sector and wider financial services. Private equity company Inflexion bought Reed & Mackay in 2016 in a deal rumoured to have been worth around £170 million. TripActions was founded by Ariel Cohen and Ilan Twig in California in 2016 and recently secured US$155 million in Series E funding, valuing the travel and expense provider at US$5 billion. It recently announced Springer Nature and Primark among its European client wins. ....
2021/03/13 10:49 TRA train TRA train (CNA photo) TAIPEI (Taiwan News) Nearly 200 employees at Taiwan Railways Administration (TRA) are refusing to work overtime during the upcoming Tomb Sweeping Holiday as part of a protest over reduced salaries. Speaking to CNA in a phone interview on Friday (March 12), Wu Chun-yi (吳俊義), head of the TRA Union s Yilan Branch, said workers have lost up to NT$9,000 (US$320) a month due to a new work schedule implemented by the Taiwan railway operator in August 2020. He said the change in TRA s shift system has prevented them from receiving overtime pay. According to Wu, close to 200 union members have signed up to participate in the protest and are planning to take a leave of absence between April 2-4. Since workers are not allowed to work overtime on non-holidays, they should not be asked to work overtime during the holidays, he said. ....
This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Arif Janmohamed is a partner at Lightspeed Venture Partners and has been a VC for 12 years. He says startup founders need to prove they have more than just a great product, especially in hot funding environments like today. Janmohamed looks for entrepreneurs with the right personality, background, and passion to build an enduring business. Despite the global pandemic, venture capital deal-making has remained strong in 2020. Overcoming the sluggish early months of the coronavirus crisis, the year s total deal value reached $112 billion by the end of the third quarter, according to Pitchbook-NCVA Venture Monitor, and is likely to exceed the record $136.5 billion invested in US-based companies last year. ....
AlleyWatch Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from January 2021. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis. The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including strategic brand placement in a high-visibility, lead generation, and building thought leadership among the vast majority of key influencers in the business community and beyond. Learn more about running a digital campaign that will return your investment here. ....