Zendesk, which has a market value of more than $7-billion, is close to a deal with a group of buyout firms, including Permira, sources said.
Browsing: Investment
Vox recently announced that was changing its name to Vivica Group. CEO Jacques du Toit sat down with TechCentral to unpack the thinking behind the move.
Africa’s technology-dominated start-ups will continue to attract investment, even if at a slower pace, following record venture capital funding last year.
Apple’s run as a $3-trillion stock proved fleeting. Now its grip on a $2-trillion market value is looking wobbly, too.
The flood of venture capital into African technology companies over the past three years is drying up amid the global market downturn.
The 500 wealthiest people in the world have lost a combined $1.4-trillion, including $206-billion on Monday alone.
The rand fell on Monday, ahead of the US Federal Reserve and the Bank of England’s interest rate decisions.
This is after the company’s acquirer, UK-based ROX Equity Partners, agreed to waive the delisting requirement in its offer to shareholders.
South Africa’s economy grew more than expected in the first quarter, recovering to the level it was before the Covid-19 pandemic.
The heady, decades-long era of rapid sales gains, boundless jobs growth and ever-soaring share prices is coming to an end.