Tieback Project a Job for Sonic Drilling

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Tieback Project a Job for Sonic DrillingSpecializing in over-water drilling, the Aquifer Drilling & Testing team recently started on a project installing tiebacks via a barge located only a couple feet from the shoreline.https://www.nationaldriller.com/rss/articlesPowered by WPeMatico

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Tencent Music sued by investor ahead of $1.2 billion US IPO

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Tencent Music sued by investor ahead of $1.2 billion US IPOChina’s largest music streaming service has had a whirlwind year. With 800 million monthly users across multiple apps and a profitable business, Tencent Music Entertainment is gearing up for one of this year’s most anticipated initial public offerings in the US. But the firm has […]

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Africa Roundup: Terragon’s Asia acquisition, Twiga Foods’ $10M raise, SimbaPay’s China payment service

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Africa Roundup: Terragon’s Asia acquisition, Twiga Foods’ $10M raise, SimbaPay’s China payment service Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Nigerian logistics startup Kobo360 raises $6M, expands in Africa SimbaPay launches Kenya to China payment service […]

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Tencent-backed fleet manager G7 racks up $320M in funding

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Tencent-backed fleet manager G7 racks up $320M in fundingA sizable funding round is poised to heat up a race to automate China’s logistics infrastructure. Beijing-based fleet management company G7 announced on Monday that it has banked $320 million to drive technological development, bringing its total capital raised to around $500 million. G7, which runs a proprietary […]

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Alibaba Group takes majority control of loss-making movie unit Alibaba Pictures with $160M share purchase

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Alibaba Group takes majority control of loss-making movie unit Alibaba Pictures with $160M share purchaseAlibaba Group announced today that it will increase its stake in Alibaba Pictures from 49% to 50.92%, making it the loss-making movie production company’s controlling shareholder. Under the agreement, Alibaba Pictures will issue one billion new shares, priced at HKD $1.25 […]

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