Despite of a quite slow start, at least when compared to European powers like Germany and UK, the startup scene in Italy has started to grow seeking global stage. Italian startups have been notably active in the last few years, supported by programs like the governmental Italia Startup Visa Program. […]
Startups
Startups
In development of modern economies, one of the key roles is played by startups. A well-developed ecosystem of startups creates favorable conditions for development of innovative solutions and products that can sometimes revolutionize the market. Turkish startups are still far away from the leading in innovation California’s ‘Silicon Valley’, but […]
IT companies operating on the Russian market have started to pay VAT on the sale of electronic services in the Federation since 1st of January 2017. The rate is 18%. The relevant law, called in Russia “Google tax” was signed by Vladimir Putin at the beginning of July 2016. The […]
Social Point, smartphone games developer from Barcelona, has been taken-over by Take-Two for $250 million. The transaction is a split of cash ($175 million) and shares ($75 million) with further earn-outs of up to $25.9 million. Deal is expected to be instantly create growth to net income per share, excluding […]
Bitcoin payments startup BitPesa has collected $2.5m in a new Series A funding round with perspectives to broaden its services further across West and Southern Africa, and also in the UK and Europe. The Series A round was carried by prominent US-based industry investor Draper VC, with participation from existing […]