Tag: Investors

Alpine Investors Acquires Outdoor Recreation Software Leader Aspira | Business


Alpine Investors (“Alpine”), a people-driven private equity firm committed to building enduring software and services companies, announced today it has acquired Aspira (the “Company”), a market-leading software provider for the outdoor recreation industry, from Vista Equity Partners. Alpine’s partnership will accelerate organic growth across Aspira’s business lines and provide capital for strategic acquisitions.

Headquartered in Dallas with eight offices worldwide, Aspira’s mission is to cultivate a connected world through shared outdoor experiences. It employs over one thousand team members and provides a comprehensive suite of software used to manage all aspects

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Baidu becomes first technology giant to make a flat debut in Hong Kong stock market this year as investors spurn the pivot by China’s dominant search engine towards artificial intelligence

Its shares opened for trading at HK$254, according to stock exchange data, and rose to as high as HK$256.60 before ending their first day of trading unchanged at HK$252, capitalising the Beijing-based company at HK$700 billion.

They were earlier indicated at about HK$255 in grey-market trading on Monday, according to prices quoted at Phillip Securities and Bright Smart Securities. An overnight 3.4 per cent jump to US$266.13 in the firm’s American depositary shares helped shore up the stock following a rally in tech stocks in the US.

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1 Reason Smart Investors Are Watching OneConnect Financial Technology

Digital banking is gaining traction throughout the world, and especially in emerging Asia. Across the globe, it’s estimated to be an $8 trillion market that will grow 6% a year for the foreseeable future, according to research firm Global Market Insights. This evolution in banking is one reason smart investors are watching the relatively new (and relatively unknown) Chinese company OneConnect Financial Technology (NYSE:OCFT).

A huge growth market …

OneConnect is a fintech that provides technology-as-a-service platforms for financial institutions, primarily in China. Its solutions help customers in areas like revenue generation, risk management, and sales productivity. The company

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Snap Tells Investors Apple’s Opt-In Ad Tracking Privacy Measure Presents ‘Risk’ to Advertiser Demand

With Apple’s upcoming iOS 14 privacy changes looming, Snap on Thursday warned investors that they could hurt Snap’s ad business (via Reuters).

Starting with the next versions of iOS 14, iPadOS 14, and tvOS 14 due to be released in the early spring, Apple’s App Tracking Transparency privacy measure will require all apps to request the user’s permission to track their activity across other apps and websites.

Granting permission would allow developers to access the random advertising identifier, known as the Identifier for Advertisers (IDFA), on the user’s device for targeted advertising purposes or to measure how effective their

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