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Biden’s Trade Crackdown Could Raise Shein and Temu Prices by 20%

Biden’s Trade Crackdown Could Raise Shein and Temu Prices by 20%

by Capital Group | Sep 14, 2024 | Business, News

Key Points: Prices on Shein and Temu may rise by up to 20% if the Biden administration closes the “de minimis loophole.” The loophole allows packages under $800 to avoid import duties and border scrutiny. Shein and Temu claim their low prices are due to...
“McDonald’s Extends $5 Value Meal Deal Until December Amid Inflation”

“McDonald’s Extends $5 Value Meal Deal Until December Amid Inflation”

by Capital Group | Sep 12, 2024 | Business

McDonald’s has announced an extension of its $5 meal deal through December, responding to customer demand and economic conditions. Details of the Deal The value meal, introduced in June, includes a McChicken sandwich or McDouble cheeseburger, small fries, 4-piece...
Apple Unveils iPhone 16 Without Mentioning ‘Artificial Intelligence’

Apple Unveils iPhone 16 Without Mentioning ‘Artificial Intelligence’

by Capital Group | Sep 10, 2024 | Business, News

Apple has unveiled the iPhone 16, its first AI-capable phone, but notably, the company avoided using the term “artificial intelligence” during the announcement. AI Integration in the iPhone 16 On Monday, CEO Tim Cook introduced the iPhone 16, featuring new...
LeadSquared, a SaaS startup, has raised $153 million, making it India’s 103rd unicorn

LeadSquared, a SaaS startup, has raised $153 million, making it India’s 103rd unicorn

by Capital Group | Jun 21, 2022 | Initiatives

After earning $153 million in a Series C fundraising round from WestBridge, Bengaluru-based SaaS business LeadSquared has joined India’s unicorn club. It has entered the ranks of India’s enterprise tech unicorns like Amagi, Browserstack, and Zoho. The...
FinBox, a B2B Fintech SaaS startup, has raised $15 million to expand into Southeast Asia

FinBox, a B2B Fintech SaaS startup, has raised $15 million to expand into Southeast Asia

by Capital Group | Jun 20, 2022 | Initiatives

A91 Partners led a $15 million (INR 115 crore) investment round for Bengaluru-based B2B financial SaaS firm FinBox. Along with current investors Arali Ventures, Aditya Birla Ventures, and Flipkart Ventures took part in the investment round. The funds will be used to...
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