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$700M for local startups as Airtree hits record | NYT buys Wordle | China launches digital yuan at olympics
Local venture capital fund AirTree Ventures has closed the biggest fund yet in Australia, raising $700 million to back startups in software and Web3.…
4 years, 4 months ago
Airtasker bounces back | Google's $1B to win another market | Trouble coming for share trading apps?
Aussie jobs marketplace Airtasker was hit hard by covid in 2021, but since then has seen a 37.5% increase in Q2 revenue - and growth in wages for its…
4 years, 4 months ago
Atlassian shares fly on 37% improvement | Mattel wins back control of Disney toys | Apple hits record - thanks again, iPhone
Atlassian shares jumped 10% last week after announcing second quarter revenue of $688.5 million (37% better than last year).
Toy giant Mattel has w…
4 years, 4 months ago
Our no.1 brand: Bunnings beats Woolies, Officeworks | Joe Rogan brawl: Spotify to remove Neil Young music | Chinese retail darling to ditch China for IPO
Bunnings has claimed the title of Australia’s strongest brand, with Woolworths and Officeworks rounding out the top three.
Spotify will remove Neil…
4 years, 4 months ago
Maccas wants you to run a restaurant | Amazon to take on Myer, David Jones | QuadPay founders sue for their Zip shares advice
McDonald’s has announced that it has 100 new Australian restaurants in the pipeline, but now it needs to find the right franchise candidates.
Amazo…
4 years, 4 months ago
Aussie mining giant buys F1 racing partner | Supply chain steal: IGA wins marketshare from big cats | Insta gives creators more money options
Aussie mining giant Fortescue has paid $311m for Williams Advanced Engineering, a battery and engineering company with links to the Williams Formula …
4 years, 4 months ago
$960M: Aussie startup raises at big valuation thanks to 'bubble' | Peloton cutting jobs as it struggles | EU fighting the good fight against Big Tech
Dovetail, the Aussie customer research start-up, has raised $89 million at a $960 million valuation, as its founders acknowledge a “bubble-like” time…
4 years, 4 months ago
Uber buys Aussie startup Car Next Door | Coke unveils new vibe to stand out | Disney's new team to try beat Netflix
Uber has acquired Australian car-sharing service Car Next Door to expand the range of services it offers to customers.
Coke is unveiling a new look…
4 years, 4 months ago
Aussie companies introducing Omicron surcharges | $96B: Candy Crush maker bought by Microsoft | Goldman Sachs down 8% for paying talent too much
Aussie freight and logistics companies are being forced to introduce Omicron surcharges in order to cover the costs of staff shortages.
Gaming gian…
4 years, 4 months ago
Beforepay breaks [bad] IPO record | Redbubble's profit pain | Unilever will pay big for health products
Shares in Aussie on-demand wage service Beforepay fell 42% on their IPO day - the worst first-day performance in 2 years on the ASX.
Redbubble expe…
4 years, 4 months ago