External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Digital property investment platform Stake raises $4 million in seed funding round 2 hours ago
Source: Stake Helped by the UAE’s exemplary handling of the coronavirus pandemic, property transactions have soared in the Emirates with performance at pre-Covid-19 levels and exceeding 2020 in Q1 2021. Despite the slowdown feared, the real estate market is buoyant with international investors contributing to record breaking property transactions.
Against this backdrop, Stake, a Dubai-based fintech and real estate investment platform which launched in December 2020 to disrupt the UAE’s real estate investment market, today announces that it has raised US$4 million in a seed funding round led by Combined Growth Real Estate, a company that is led by Amer Hammour, who is the Founder and Chairm
Hong Kong retail sales up 12.1 per cent year on year in April, marking slowdown in momentum of sector’s recovery
While significant, the growth was substantially lower than the 20.2 per cent and 30 per cent jumps seen in March and February, respectively
Hong Kong was confirming only a handful of coronavirus cases daily in April, but fears were heightened after mutated infections were detected in the community
THACO to expand Emart hypermarket system in Vietnam 17:53 | 01/06/2021
After acquiring the Emart hypermarket system, Truong Hai Auto Corporation (THACO) is planning to expand the chain to 3-4 hypermarkets by 2022 and to 11 points of sale by 2025.
THACO expects to expand the chain to 3-4 hypermarkets by 2022 and to 11 points of sale by 2025
At its online shareholders meeting on May 31, THACO said it has reached a formal agreement with Emart Inc. and expects to complete the final stages of the deal in mid-June.
After the deal is completed, THACO will develop the detailed design of the stores and prepare for the efficient operation of the Emart hypermarket business.
Agricultural products the next big move in e-commerce 04:54 | 01/06/2021
Lazada, Sendo, and other e-commerce sites have all started trading agricultural products
Both Lazada and Sendo have carried out several programmes to support the northern province of Hai Duongâs farmers to sell litchi products on their e-commerce platforms. According to Dang Dang Truong, PR lead at Sendo, just between May 24 and 27, a total of 12 tonnes of litchi were sold through the platform.
Similarly, at a recent conference promoting the export of agricultural products from Hai Duong held by the Vietnam Trade Promotion Agency (Vietrade), newly-established online shopping sites such as Voso (Viettel Post) and Postmart (Vietnam Post) also announced to start focusing on agricultural items instead of fast-moving consumer goods, clothes, and cosmetics like other platforms.