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Company denies accusations by short sellers after posting strong quarter.

The enterprise team collaboration platform provides a suite of productivity tools, including topic-based group chat, task management, video conferencing, and third-party app integrations.

While the book drew interest from several studios and production companies in China, attempts to turn it into a domestic blockbuster have failed.

With high mobile phone and internet penetration, the e-commerce sector is set to grow with the entry of international players like Alibaba-backed Daraz Group.

The startup’s case is a cautionary tale for anyone who equates large investment rounds with success.

3One4 Capital would invest anywhere between USD 500,000 to USD 4 million each in 25 to 30 startups.

This is an estimate by HSBC and isn’t Zomato’s current valuation.

This round of funding comes 10 months after it raised USD 45 million last year.

Scooters have played an important role in the government’s recent decision to grow micromobility infrastructure in Tel Aviv by more than 50% over the next five years.

The company, a joint venture between Telkom and eBay, has been operating since 2014.