MarketExpansion

Samsung SDI to Raise $1.4 Billion for New Battery Plants in Ambitious Expansion Move

15 days ago

In a strategic move to bolster its position in the competitive battery manufacturing sector, Samsung SDI has announced plans to issue approximately 1.4 billion new shares, which is expected to generate around $1.4 billion in capital. This capital infusion aims to support the company’s aggressive expansion of battery production, particularly in response to the growing demand from electric vehicle (EV) manufacturers and renewable energy sectors.

Amundi-Backed AirFund Appoints Ex-CS and UBS Executives to Boost UK Presence

1 month ago

In a significant move aimed at enhancing its operational capabilities in the UK financial sector, AirFund, an investment entity backed by Amundi, has announced the recruitment of several high-profile executives. This strategic hire includes former leaders from Credit Suisse (CS) and UBS, reflecting AirFund’s ambition to tap into the robust UK market and expand its investment strategies.

Tata's Video Streaming Unit Sees Major Boost with Strategic Switch Acquisition

1 month ago

The video streaming industry in India has recently witnessed a significant shift as Tata Group's streaming division bolsters its position with the acquisition of Switch, a prominent player in the digital video content market. This move comes at a time when the demand for diverse video streaming options is on the rise, providing Tata's platform a competitive edge.

Delivery Hero Turns Profitable and Sets Its Sights on Dominating Asian Markets

2 months ago

In a remarkable turnaround, Delivery Hero, the global food delivery giant, has announced that it has finally reached profitability, a milestone that positions the company favorably as it looks to expand its footprint in the competitive Asian market. This achievement comes after several years of significant investments and strategic restructuring, signaling a new era for the organization.

Gemini Expands Leadership in Europe by Hiring Former Kraken Executive Mark Jennings

3 months ago

In a significant move to bolster its leadership team in Europe, the cryptocurrency exchange Gemini has appointed Mark Jennings, a former executive at Kraken, to oversee its operations in the region. This strategic hiring comes at a time when Gemini is looking to cement its presence in the competitive and rapidly evolving European crypto market.

Checkr Reports Surge in Sales Driven by New Large Enterprise Clients

4 months ago

Checkr, a prominent player in the background check industry, has recently announced significant growth in sales attributed to a wave of new large enterprise clients. This strategic shift marks a noteworthy milestone for the company, signaling a potential transformation in its market reach and revenue generation capabilities.

SGS Aims for Expansion with Aggressive Acquisition Strategy, Says CEO Picaud

4 months ago

In a bold move to enhance its market presence, SGS, the world’s leading inspection, verification, testing, and certification company, is set to accelerate its growth trajectory through a series of strategic acquisitions, according to CEO Picaud. This announcement comes as part of the company’s ongoing strategy to adapt to evolving market demands and strengthen its competitive edge.