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Grab, the Leading Superapp for Deliveries, Mobility and Financial Services in Southeast Asia1, Plans to Go Public in Partnership with Altimeter

[April 13, 2021]
Grab, the Leading Superapp for Deliveries, Mobility and Financial Services in Southeast Asia1, Plans to Go Public in Partnership with Altimeter
Grab Holdings Inc. ( Grab ), Southeast Asia s leading superapp
1, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: AGC ) in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. The combined company expects its securities will be traded on NASDAQ under the symbol GRAB in the coming months.
The proposed transactions value Grab at an initial pro-forma equity value of approximately US$39.6 billion at a PIPE size of more than US$4.0 billion and will provide Grab with approximately US$4.5 billion in cash proceeds. Grab is a superapp dedicated to serving everyday needs and everyday entrepreneurs. It offers services across mobility, deliveries, financial services and more, in an all-in-one app. ....

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NSR Report: Satellite Backhaul Primed to Generate $25 Billion Annually by 2030

Edition report, released today, forecasts $25 billion in annual revenue in 2030 for satellite backhaul, propelled by explosive connectivity demand worldwide and post-COVID-19 recovery in the near term. As it is a core target of virtually every current and new satellite capacity provider, NSR expects Satellite Backhaul to represent one of the largest revenue opportunities for satcom over the next decade.
Digitization is climbing in governmental agendas, pushing for ubiquitous Broadband and creating skyrocketing levels of bandwidth demand. Satellite is finally regarded as an alternative tool for rural deployments, thus creating a massive opportunity for Cellular Backhaul. Trunking is returning to growth with new price points triggering elasticities. Hybrid IP Content Distribution continues on a test phase with little traction during 2020, but the long-term potential continues to look promising. ....

United Kingdom , Lluc Palerm , Kristen Kloster Grady , Avanti Communications , Gilat Satellite Networks , Globe Telecom , Africa Mobile Networks , Gilat Telecom , Satellite Backhaul Primed , Satellite Backhaul , Managed Services , Mobile Wireless Backhaul , Network Asa Service Business , High Throughput Satellites , Organizations Mentioned , China Satcom , Gazprom Space Systems , Inland Cellular , Reliance Jio , Southern Cross Cables , Southern Linc , Star One , Lte Advanced , Long Term Evolution , Edge Evolution , 4g Wireless ,

Lightspeed brings Lightspeed Payments to UK customers as 94% of UK-based merchants look to integrate payments to simplify and scale their businesses

[April 06, 2021]
Lightspeed brings Lightspeed Payments to UK customers as 94% of UK-based merchants look to integrate payments to simplify and scale their businesses
Lightspeed to launch Lightspeed Payments in United Kingdom and Europe in expansion of tailored financial solutions
MONTREAL, April 6, 2021 /CNW Telbec/ - Lightspeed
Â (NYSE: LSPD) (TSX: LSPD),Â a leading provider of cloud-based, omnichannel commerce platforms, today announced the initial availability of Lightspeed Payments for hospitality merchants in the United Kingdom and Europe.Â
Lightspeed Payments will be rolled out to hospitality merchants in the United Kingdom, followed by retail. This will continue for Lightspeed merchants throughout France, Belgium, the Netherlands, Germany and Switzerland. The United Kingdom is an underserved market when it comes to payments, especially in the hospitality sector, and Lightspeed is thrilled to support these businesses as they begin to re-open for fu ....

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Olive Union Raises $20M to Expand into Digital Hearing Therapeutics

Olive Union Raises $20M to Expand into Digital Hearing Therapeutics
Olive Union - the company making smarter hearing health a reality for everyone - today announced the closing of a $7M Series B. The round, led by Beyond Next Ventures, Bonds Investment Groups and Japan Policy Finance Corporation, closes as Olive prepares to ship its new FDA-registered Olive Pro 2-in-1 true wireless earbuds and smart hearing aids later this year. With the current round and cumulative $20M in lifetime funding, Olive plans to expand beyond its existing hearing aids product line into new digital therapeutics for tinnitus and overall hearing health, and begin laying the foundation for its next generation of smart hearing technology. ....

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Kinetic Business by Windstream Expands Black Business Support Fund

Kinetic Business by Windstream Expands Black Business Support Fund
Kinetic Business by Windstream (News - Alert), a long-trusted community partner for communication services, announced the expansion of the Black Business Support Fund. Now customers in
any Georgia market Kinetic serves, along with previously eligible businesses in the Charlotte, North Carolina, area and in Lexington, Kentucky, can take advantage of this grant. Launched in November 2020, the fund seeks to increase the number and stability of Black-owned businesses in its service footprint.
We ve been able to help some small businesses in the Charlotte area and in Lexington in the short time we ve been taking applications, said Lorenzo Clark, vice president of inside sales for Kinetic and president of the Windstream Black Professional Network Committee. It s time to expand to more communities to keep the momentum going. ....

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