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TAXI HAILING T MAP MOBILITY TO ISSUE NEW SHARES WORTH $357.3 MILLION
Highlights –
- Taxi hailing T Map Mobility to issue new shares worth $357.3 million.
- The shares will then be allocated to two private equity funds (PEFs).
- T Map Mobility’s move comes as it plans to compete with Kakao Mobility.
PIF from Saudi Arabia offers $1 billion in leg-ups for small businesses
RIYADH: The Public Investment Fund (PIF) of Saudi Arabia has launched a new investment vehicle to support SMEs in the Kingdom.
It will invest in small business-oriented venture capital and private equity funds.
The "Jada" SR4 billion ($1.07 billion) program is the go...