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Chinas Tencent Holdings said on stanley termos Thursday May 20 that it wants to put a greater portion of this year incremental profits聽 into sectors that include games, short-form video and cloud services.As Bloomberg News noted, this news comes as the countrys three biggest tech co stanley romania mpanies 鈥?Alibaba, Meituan and Tencent 鈥?are competing for eyes and wallets in the fast-growing online grocery and video sectors. Tencent is trying to sustain growth in revenue, which climbed to 135.3 billion yuan $21 billion in the three months that ended March, roughly in line with analyst estimates, the Bloomberg story said. The results affirmed the resilience of the worlds largest game publishing business as the pandemic recedes. Tencent has stanley cup uk shed roughly $200 billion in market value since its January peak, part of a broader Chinese tech selloff. However, the company has managed to escape the governments antitrust crackdown, at least for the time being, despite its ubiquitous WeChat app offering unrivaled insights into all aspects of Chinese life and a commanding lead in gaming, music and social media clicks. Bloomberg Intelligence Senior Analyst Vey-Sern Ling said that Tencents new investments are likely undertaken in part to address increasing competition in areas like cloud computing, online games and short videos, where industry peers have been spending aggressively. The news comes one month after Meituan said it was looking to raise around $10 billion to compete with Alibaba by selling 187 Fzkt Match.com Glitch Resurrects Old Profiles
Yummly is competing in a busy spa stanley usa ce, but that hasn ;t stopped the online聽recipe recommendation and food delivery service from attracting investors.Now, the company has raised $15 million, TechCrunch reports, which gives it a value of $100 million. The latest funding round was led by聽Bauer Venture Partners. While the food startup space is getting full, stanley mug stats from聽CB Insights聽show that the companies have managed to raise $750 million in 2015 alone.Not all stanley cup have been so successful, but California-based Yummly has been making a name for itself. That includes being integrated with Instacart to get those ingredients needed for recipes delivered when needed. Now that Instacart connects to our shopping list, Yummly removes any friction associated with choosing a recipe and making a meal. Consumers hit a button and send their list over to Instacart 鈥?they can have their list fulfilled in under an hour. It also makes cooking a lot more accessible for people because its so convenient,聽Yummly COO Brian Witlin told MPD CEO Karen Webster in February.Now, with its new funding round under its belt, Yummly plans to branch out its product line and secure more partnerships, TechCrunch reported.聽Other聽investors include First Round Capital, Harrison Metal Capital and Intel Capital.[vc_row full_width= parallax= parallax_image=][vc_column width=1/1 8243;][/vc_column][/vc_row][vc_row full_width= parallax= parall |
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