
Clash Ignites Between Mubadala and Getir Founders Over Asset Control
In a dramatic turn of events, a legal battle has erupted between Mubadala Investment Company, the state-owned investment firm from Abu Dhabi, and the founders of Getir, the Turkish on-demand grocery delivery service. This confrontation revolves around the control of assets and rights stemming from a significant investment that Mubadala made in Getir, raising questions about the future of one of Turkey's most prominent start-ups.
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Haier Seeks Investment from Major Funds for Expansion in India
Haier, the global home appliance giant, is reportedly in talks to secure substantial investments from three significant sovereign wealth funds—Temasek, GIC, and Mubadala—as part of its ambitious strategy to strengthen its presence in the rapidly growing Indian market. This potential partnership reflects Haier's commitment to enhancing its operations and tapping into India's burgeoning demand for smart home technologies and appliances.
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