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  • India's Flipkart buys over $200 million stake in Aditya Birla Fashion and Retail
    TechCrunch

    India's Flipkart buys over $200 million stake in Aditya Birla Fashion and Retail

    Flipkart is acquiring a 7.8% stake in Aditya Birla Fashion as the Walmart-owned Indian e-commerce firm makes further push into the fashion category in one of the world’s largest retail markets. The e-commerce group will pay $203.8 million for its stake in Aditya Birla Fashion and Retail, a conglomerate that operates over 3,000 stores including the Pantaloons brand. As part of the "landmark partnership," Flipkart will also sell and distribute various Aditya Birla Fashion and Retail's brands products.

  • PR Newswire

    UnionPay Mobile Payment Service Now Supported by 18 Southeast Asian E-wallets

    UnionPay International (UPI) announced today that it will collaborate with Aleta Planet, a renowned Singapore-based fintech company, to launch AP-1, an e-wallet aimed at offering users the convenience of UnionPay's QR code payment. At present, 18 e-wallet products that comply with UnionPay specifications are available to provide UnionPay cardholders with quick and secure payment in five Southeast Asian countries.

  • Issue of Convertible Notes and Warrants Pursuant to Financing Arrangement Between Valoe Corporation and Winance
    GlobeNewswire

    Issue of Convertible Notes and Warrants Pursuant to Financing Arrangement Between Valoe Corporation and Winance

    Valoe Corporation                           Stock Exchange Release 23 October 2020 at 08.40 Finnish timeISSUE OF CONVERTIBLE NOTES AND WARRANTS PURSUANT TO FINANCING ARRANGEMENT BETWEEN VALOE CORPORATION AND WINANCEValoe Corporation (the "Company") has, pursuant to the terms and conditions of the financing arrangement (“Financing Arrangement”) between Valoe Corporation and Winance announced on 22 April 2020, withdrawn a total of EUR 200,000 of the second convertible notes tranche and issued to Winance in total 200 convertible notes and in total 800,000 warrants related thereto. Pursuant to the terms and conditions of the Financing Arrangement the Company has an obligation to draw down a total minimum of EUR 1,000,000 of the Convertible Notes which the Company has now drawn down. The remainder of the Convertible Notes may be drawn down by the Company at its discretion.In Mikkeli, 23 October 2020Valoe CorporationBOARD OF DIRECTORSFor more information: CEO Iikka Savisalo, Valoe Corporation Tel. +358 405216082 email: iikka.savisalo@valoe.comDistribution: Nasdaq Helsinki Oy Main media www.valoe.comValoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides automated production technology for solar modules based on the company’s own technology; production lines for modules; solar modules and special components for solar modules. Valoe's head office is located in Mikkeli, Finland.