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CrowdStrike faces challenges following a disappointing forecast and a request for information from the US government. The cybersecurity firm is navigating these pressures as it seeks to maintain its market position amid increasing scrutiny.
AI-driven search ad spending is projected to reach $26 billion by 2029, indicating a significant surge in investment in this sector. This growth reflects the increasing reliance on artificial intelligence to enhance advertising strategies and effectiveness.
MapmyIndia is poised for significant growth in the Southeast Asian automotive market, highlighting the region's potential for expansion. The company aims to leverage this opportunity to enhance its presence and offerings in the rapidly evolving automotive landscape.
Bolttech has successfully closed its Series C funding round, raising $147 million and achieving a valuation of $2.1 billion. The company aims to enhance its embedded insurance offerings with this new capital.
Swiggy is poised to regain its share in the quick commerce sector, despite experiencing increasing losses, according to a report by Morgan Stanley. The company's strategic moves may enable it to navigate the challenges and capitalize on market opportunities effectively.
Emotional triggers are increasingly influencing purchase decisions in the MENA region, particularly during Eid Al Adha, with campaigns that evoke feelings boosting sales by up to 70%. The online gifting market is projected to grow from $1.8bn to $6.38bn by 2030, driven by a tech-savvy population and mobile commerce, which accounted for 47% of online purchases in the UAE in 2024. Key gifting trends include a preference for electronics and home goods, with floral gifts, especially peonies, seeing significant sales increases.
Zepto has decided to put its initial public offering (IPO) plans on hold. This move reflects the company's current strategic considerations as it navigates the market landscape. Further details on the reasons behind this decision have not been disclosed.
Mastek is targeting a restoration of its profit margins to a range of 17-19% by the fiscal year 2026. This strategic goal reflects the company's commitment to improving its financial performance in the coming years.
Abdul Latif Jameel has partnered with Joby Aviation in a $1 billion deal to introduce electric vertical take-off and landing (eVTOL) aircraft in Saudi Arabia, aiming to deliver up to 200 air taxis. The collaboration will also focus on local operations, pilot training, and maintenance infrastructure, marking a significant step in the Kingdom's transition to sustainable mobility. Joby plans to launch commercial operations in Dubai by 2026, with further regional expansion anticipated.
Homegrown sneaker brand Gully Labs has successfully raised ₹8.7 crore in a seed funding round. The investment will be utilized to expand the brand's footprint and celebrate Indian culture through innovative design.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
crowdstrike faces challenges with weak forecast and government inquiry
21:54 04.06.2025
AI-driven search ad spending projected to reach 26 billion dollars by 2029
20:59 04.06.2025
MapmyIndia targets significant expansion in Southeast Asia automotive sector
18:57 04.06.2025
Bolttech secures 147 million in Series C funding to enhance insurance services
15:24 04.06.2025
Swiggy poised for quick commerce recovery despite increasing losses
13:25 04.06.2025
emotional commerce drives online gifting surge during eid al adha
12:50 04.06.2025
zepto suspends initial public offering plans for the foreseeable future
12:34 04.06.2025
Mastek targets 17 to 19 percent margin recovery by fiscal year 2026
12:20 04.06.2025
Abdul Latif Jameel and Joby Aviation partner for flying taxis in Saudi Arabia
11:32 04.06.2025
Gully Labs secures 8.7 crore funding to promote Indian culture through sneakers
11:28 04.06.2025
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