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WorldRemit Secures $40 Million Through Series C Funding Round Led By LeapFrog Investment

“The Series C funding round brings the total amount raised to $220 million” writes Samantha Hurst for crowdfundinsider.com. Since its last funding round in 2015, WorldRemit has launched 206 new services across the globe and has grown its transaction volume by 400%.This latest funding round follows a Series B investment raised from TCV in 2015 and a Series A from Accel and Project A in 2014 – then one of the largest ever Series A rounds in Europe.While sharing details about the investment, Ismail Ahmed, founder and CEO at WorldRemit,…

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Emerging star Chen looking to fine-tune program at GP Final

“The 18-year-old emerging star secured his place in the final with a win at Skate America last month” reports foxsports.com. In the absence of Medvedeva, compatriot Alina Zagitova will be among the gold medal favorites.Uno won gold at Skate Canada and finished runner-up at Internationaux de France last month. In pairs, reigning world champions Wenjing Sui and Cong Han of China will be the favorites but will face a challenge from European champions Evgenia Tarasova and Vladimir Morozov of Russia. Source: foxsports.com Share This:

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Emerging markets are under pressure, but I’m buying the dip: Chantico’s Sanchez

“That sell-off has raised concerns regarding the health of the emerging markets trade” writes Tomohiro Ohsumi for cnbc.com. Some of them are associated with large holdings in the emerging markets exchange-traded fund like Ant Financial, an Alibaba Group affiliate.We see a global trade boom continuing to drive emerging markets as global Purchasing Manager indexes show continued growth in demand for manufactured goods.Emerging market equities have been lagging recently, falling over 3 percent in the last week alone.For these reasons, we continue to remain optimistic on emerging markets. Source: cnbc.com Share This:

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Google launches a data-friendly search app for users in emerging markets

“Google is continuing its push to make its services accessible for people with lower-end mobile devices or slow internet connections after it introduced Google Go, a data-friendly search app” writes Jon Russell for techcrunch.com. The app follows the introduction of data-saving app Datally, storage app Files Go and the expansion of YouTube Go, all of which are aimed at making Google and its services for relevant to users in emerging markets.The app was first spotted in beta in August — when it was known as Search Lite — and now…

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Bandsintown Giving Emerging Artists a ‘Big Break’ With New Spotlight Program

“Concert discovery platform Bandsintown is looking to give some emerging artists their “Big Break” with a new data-driven spotlight program” writes Colin Stutz for billboard.com. “Bandsintown is really valuable in ensuring the group’s fans know about upcoming shows and it’s really awesome they’re supporting emerging artists.”. Bandsintown currently counts 440,000 artists and 38 million users on its platform. Source: billboard.com Share This:

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Google debuts Google Go, its lightweight search for slow connections

“Like the Google app that you can already get on iOS and Google Play, Google Go will give you quick access to search, weather, and voice-activated functions” writes Victoria Ho for mashable.com. Along with that concept, the Google Go app (download here on Google Play) appears to only be compatible with lower end smartphones.Google’s light search app for Android is here, called Google Go.Google’s app may be targeted at slower connections in emerging markets, but that doesn’t mean users there need to go light on the multimedia. Source: mashable.com Share This:

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LGT Bank: Time to move away from emerging Asian currencies

“Emerging Asian currencies have done very well this year” reports forexlive.com. Asian currencies performance in 2017 thus far.It goes on to say that “if you have some profits, there’s no harm in taking some money off the table”.Hot money will always move towards markets with the highest yields, and until US yields start pushing higher, there’s always a reason for investors to keep their money in the other region of the world. Source: forexlive.com Share This:

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Great Corporate Strategies Thrive on the Right Amount of Tension

“Strategic stress is characterized by three zones, which executives must consider and effectively manage: Strategic Burnout (too much strategic stress)” reports hbr.org. Strategic Sweet Spot (just the right amount of strategic stress).Deviations from the strategic plan are often assumed to be detrimental to corporate performance.Strategic Boredom (not enough strategic stress).The company had expanded into too many different and overly complex projects, which essentially created high levels of strategic stress. Source: hbr.org Share This:

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Goldman’s top trades for 2018 go heavy on emerging markets

“Goldman Sachs top trade recommendations for 2018 are heavily concentrated on bets around growth in emerging markets and shorting U.S. assets” writes Anora M for marketwatch.com. To get more regional exposure in emerging markets, Goldman recommends betting on growth in specific Asian countries and non-oil commodities.The trade recommendations are derived from key market themes: strong and synchronous global expansion, especially in emerging markets, and relatively low recession risk.Goldman said the two most prominent risks to markets in 2018 are a dent to profit margins—and thus to earnings growth—due to higher…

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