SINGAPORE — Indonesian tech firm GoTo is seeking a concurrent listing in the United States and on the Jakarta Stock Exchange this year. This could give the company a market value between $35 and $40 billion. GoTo was formed in May when two of Indonesia’s largest tech unicorns, multi-service tech firm Gojek and e-commerce company Tokopedia, announced a merger that currently contributes to 2 percent of the country’s Gross Domestic Product. The merger is Indonesia’s biggest deal. In a statement released after the merger on May 17, the companies said they had a group gross transaction value (GTV) of over $22 billion in 2020. …
Author: zenger.news
NAIROBI, Kenya — For years, Kassim Mziwanda, 38, a professional tailor from Tanzania, dreamed of setting up a clothing shop in Eastleigh, a bustling suburb of Kenya’s capital Nairobi known for its cheap but quality merchandise. Kenyan traders prefer buying clothes from Tanzania and sell them in Kenya for a tidy profit, Mziwanda said, which made him think of how he could penetrate the Kenyan market on his own. After a rigorous year-long process of applying for a Kenyan work permit, his luck came in July 2018. “I didn’t hesitate even for a minute to set up shop in Eastleigh,” he told…
Customs officers seized several dozen illegal ivory jewelry pieces from a German citizen worth up to $13,000 per pound on the black market. Officers from the city of Dresden in Germany confiscated about 60 pieces of illegal ivory jewelry from a man at the Leipzig airport. The man remains unnamed, but the police reported he is 28 years old and tried to smuggle six prayer chains and 54 ivory chain links on June 9. The illegal ivory jewelry pieces that were seized by customs at the Leipzig airport in Germany. (Zollfahndungsamt Dresden/Zenger)But this is not the first time Dresden officers…
A woman who worked for the Loomis cash-handling and armored car company in Germany is on the run after absconding with nearly $10 million. Yasemin Gundogan of Bremen, worked as a currency-packaging assistant for Loomis. She disappeared in late May after loading a vehicle with a cache of stolen cash from the company. After failing to locate the woman for several weeks, police issued a search warrant against her in July. Gundogan’s job was to pack banknotes in cash cases. She allegedly put the stolen loot in security bags and placed them into a wheeled bin she covered with litter.…
The man who stole a rare $2.8 million Ferrari that once belonged to British ex-F1 driver Eddie Irvine has finally been arrested by the German police. The police finally nabbed the 45-year-old French national, who made headlines two years ago for allegedly stealing a rare Ferrari model in the German town of Grevenbroich during a test drive. The man, who was not named by local media, reportedly stole the 1985 Ferrari 288 GTO after he posed as a prospective buyer and took it on a test drive in the German city of Dusseldorf in May 2019. According to police reports,…
Italian Finance Police said on Monday they had arrested four men suspected of sending money to people across the Middle East and Europe who are said to have been collecting the money for the Islamic State (also known as IS or ISIS). The four men are accused of wiring a total of 30,000 euros ($35,460) from a money transfer center in Andria in southeastern Italy to 42 collectors in a number of countries “to support the activity of anti-government fighting organizations in Syria and, specifically, aimed at financing jihadists belonging and affiliated to the self-proclaimed Islamic State,” according to the…
Boxing comes naturally to 2012 U.S. Olympian Joseph “JoJo” Diaz Jr. However, it was the business part of boxing that gave Diaz the most trouble, as he eventually discovered that his manager didn’t have his back. Now, free from that situation and entering a new weight class, Diaz feels poised to put on a performance of a lifetime. Diaz, whose record stands at 31-1-1, including 15 knockouts, moves up to the lightweight division on Friday night to compete for the WBC interim title against Javier Fortuna (36-2-1). The bout will be stream live on DAZN. Diaz opens up about his…
Two heroic dogs barked at a drainpipe to signal to their owner that a cat was trapped inside. The incident took place in Zhuhai in the Chinese province of Guangdong on the night of July 3. The dogs’ owner, referred to as Ms Li, said that she was taking her pets for a walk when they made a beeline for the drainpipe and started barking and pushing at it with their paws. She leaned closer and heard the faint whimpers of a kitten inside. It was later learned the cat belonged to a fifth-floor neighbor. “It happened on July 3…
An American tourist died after he fell while hiking in the Bavarian Alps on July 3. The 73-year-old man, whose name was not revealed by the police, fell from 361 feet during a hike on Jenner Mountain at the northern end of Konigsee Lake in Bavaria at around 2:30 p.m. Jenner Mountain (6,148 feet) is part of the Göll massif in the Berchtesgaden Alps with several hiking trails that lead to the Hohes Brett and Scheibstein peaks, as well as to Berchtesgaden National Park in the south. It is reachable via cable car. The man who died had joined a…
An award-winning Japanese photographer has created these stunning images of his young daughter playing the main character in a fantasy world they both invented. Kogame took up the craft of photography 13 years ago and started developing his Photoshop skills around eight years ago. He shoots and edits photos his young daughter, whose name he wants to keep private, as the main character in a fantasy world they created. Through his photography and graphics-editing software, he has captivated his daughter and social media audience with the imaginary world. Japanese photographer Kogame creates fantastical photos of his daughter with Photoshop. (@TauonQ/Zenger)The…