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Moove hits $2.1 billion valuation with $250 million Series C

UAE-headquartered mobility startup Moove has raised $250 million in a Series C round at a $2.1 billion valuation, led by Mubadala Investment Company and co-led by Woven Capital (Toyota's growth fund) and Ion Pacific, with participation from BlueCrest Capital Management and Sona Capital. Founded in 2020 in Nigeria by Ladi Delano and Jide Odunsi, Moove builds the operating infrastructure for…

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Samsung, SK hynix Expected to Deliver Massive Shareholder Returns

Samsung Electronics and SK hynix are expected to announce large shareholder return programs as early as this month following their record earnings.

  • Samsung Electronics and SK hynix to reveal shareholder return plans in Q3
  • Combined returns expected to exceed 150 trillion won
  • Analysts see dividend yield over 7% if returns realized