Amazon founder Jeff Bezos took part in a US$87 million Series B funding round recently closed by Indonesia-based startup Ula. This marks Bezos’ first-ever investment in Southeast Asia’s e-commerce sector. The round was co-led by Prosus Ventures, Tencent, and B-Capital and drew participation from Bezos Expeditions, Northstar…

Argentina’s Digital House raises over $50M to help solve LatAm’s tech talent shortage Digital House, an edtech firm based in Buenos Aires which is focused on developing tech talent through immersive remote courses, announced today it…

Germany’s bank experienced a profit increase of 134% in the first quarter, avoiding damages from the collapse of Archegos. On Wednesday, for the first three months of 2020, Deutsche Bank posted a pre-tax profit of €908…

Italy’s Leonardo is set to buy a 25.1 percent stake in German sensor company Hensoldt for 606 million euros ($730 million), the company announced. By acquiring the stake from U.S. investment fund KKR, Leonardo will share…

Prosus NV, an Amsterdam-based tech investor, announced on Thursday that it netted $14.6 billion overnight from selling a 2% stake in Tencent. A filing from Tencent at the Hong Kong Stock Exchange showed that Prosus sold…