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Indonesia’s Bukalapak gets investment from South Korea’s Shinhan, says valuation $2.5 billion

JAKARTA (Reuters) – Indonesian e-commerce firm Bukalapak on Friday said South Korea’s Shinhan Financial Group Co Ltd joined its latest fundraising round that valued the startup at over $2.5 billion. Bukalapak did not disclose the amount it will receive through Shinhan’s investment banking unit Shinhan GIB, nor the size of the stake Shinhan would gain.

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Alphabet’s Wing takes off in South East Queensland, our first hand Wing drone delivery experience – Ausdroid

Earlier this month Wing – Alphabet’s areal drone delivery service – announced that it would commence flight operations in South East Queensland, specifically in the Logan City suburbs of Marsden and Crestmead. Today marks the first consumer delivery for the service with a local Logan resident making their first order and getting their delivery just

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Metro approves $4.4 million for South Bay internet project

Los Angeles County transportation officials on Thursday unanimously approved $4.4 million in funding for a high-speed internet system in the South Bay, over the objections of critics who said the project should not qualify for transportation funding. A coalition of 16 cities, including Carson and Torrance, had pitched the fiber-optic cable ring as a way

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Samsung Display plans $11 billion investment in South Korean LCD plant: report

FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea January 7, 2019. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – Samsung Display plans to spend 13 trillion won ($11 billion) to upgrade a South Korean liquid crystal display (LCD) plant so it can manufacture more advanced screens, Yonhap news

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