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PhonePe Raises US$750M in Ongoing US$1B Fundraising Effort

PhonePe, the digital payments platform owned by Walmart, has raised US$750 million in its ongoing fundraising effort to raise US$1 billion. The latest funding round was led by Walmart and included participation from several existing investors, including Tencent, Singapore's sovereign wealth fund GIC, and others.The funds raised will be used to expand PhonePe's operations and develop new products and services. The company plans to use the funds to expand its merchant network, invest in technology and infrastructure, and hire new talent.PhonePe has been growing rapidly in India's digital payments market,

In the First Year, Recreational Cannabis Sales in New Mexico Surpass $300 Million

In the First Year, Recreational Cannabis Sales in New Mexico Surpass $300 MillionNew Mexico has become the latest state to join the growing list of states that have legalized recreational cannabis. In the first year of legal sales, recreational cannabis sales in New Mexico have surpassed $300 million, according to data from the state's Department of Health.The legalization of recreational cannabis in New Mexico has been a long time coming. The state first legalized medical cannabis in 2007, and since then, there has been a growing movement to legalize recreational

Societe Generale report suggests that the seasonal trends do not support a stronger Peso in April against the USD/MXN.

A recent report by Societe Generale has suggested that the seasonal trends do not support a stronger Peso in April against the USD/MXN. This report has caused some concern among investors who were hoping for a stronger Peso in the coming month.The report suggests that the Peso has historically weakened against the USD/MXN in the month of April. This is due to a number of factors, including seasonal factors such as tax payments and lower oil prices. Additionally, the report notes that the Peso has been under pressure due to

Societe Generale reports that historical trends do not support a stronger Peso in April against the US Dollar.

Societe Generale, a French multinational investment bank and financial services company, has recently reported that historical trends do not support a stronger Peso in April against the US Dollar. This report has caused concern among investors and traders who were hoping for a stronger Peso in the coming month.The Peso is the official currency of Mexico and is one of the most traded currencies in the world. It is closely tied to the US Dollar, as Mexico is one of the United States' largest trading partners. The strength of the

“Upcoming Release Date for Fortnite Crew Pack in April 2023”

Fortnite, the popular battle royale game developed by Epic Games, has been a favorite among gamers for years. With its constantly evolving gameplay, exciting challenges, and engaging storyline, it's no surprise that millions of players around the world are eagerly awaiting the upcoming release date for the Fortnite Crew Pack in April 2023.The Fortnite Crew Pack is a monthly subscription service that provides players with exclusive in-game content, including skins, emotes, and other items. The service was first introduced in December 2020 and has since become a popular choice for

PhonePe Receives US$200 Million Investment from Walmart

PhonePe, the digital payments platform owned by Flipkart, has received a massive investment of US$200 million from Walmart, the American retail giant. This investment is part of PhonePe's ongoing fundraising round, which aims to raise US$1 billion in total.The investment from Walmart is significant for PhonePe as it not only provides the company with a substantial amount of capital but also strengthens its ties with Walmart. Flipkart, the parent company of PhonePe, was acquired by Walmart in 2018 for US$16 billion, making it one of the largest e-commerce deals in

Walmart’s Investment of US$200 Million in PhonePe: A Significant Move in the Financial Market

Walmart's recent investment of US$200 million in PhonePe, a digital payments platform in India, has been a significant move in the financial market. This investment is part of PhonePe's ongoing fundraising round, which aims to raise up to US$1 billion. The investment by Walmart will help PhonePe expand its operations and strengthen its position in the Indian digital payments market.PhonePe was founded in 2015 and has quickly become one of the leading digital payments platforms in India. The platform allows users to make payments, transfer money, and pay bills using

Yen Strengthens Ahead of Federal Reserve, Swiss National Bank, Bank of England Meetings and Purchasing Managers’ Index Data

The yen has been strengthening ahead of the upcoming Federal Reserve, Swiss National Bank, and Bank of England meetings and Purchasing Managers' Index (PMI) data. This comes as investors are looking for clues on how central banks will respond to the current economic environment.The Federal Reserve is expected to keep interest rates unchanged at its meeting this week, but investors are looking for hints of future policy changes. The Swiss National Bank is also expected to keep rates on hold, but investors are looking for clues on how it will

Yen Strengthens Ahead of Federal Reserve, Swiss National Bank, Bank of England Meetings and Manufacturing PMI Releases

The Japanese yen has been strengthening ahead of the upcoming meetings of the Federal Reserve, Swiss National Bank, and Bank of England, as well as the release of the manufacturing Purchasing Managers’ Index (PMI). The yen has been on an upward trend since the beginning of the year, and this trend is expected to continue as investors await news from these important events.The Federal Reserve, Swiss National Bank, and Bank of England are all expected to make decisions on monetary policy in the coming weeks. Investors are closely watching these

How a GPT-4 AI Model Generated a $100 Online Business with Surprising Results

In recent years, artificial intelligence (AI) has become increasingly popular in the business world. One of the most advanced AI models is the GPT-4 AI model, which has been used to generate a variety of online businesses. Recently, a team of researchers used the GPT-4 AI model to create a $100 online business, and the results were surprisingly successful. The GPT-4 AI model is a powerful tool that can be used to generate ideas for businesses. It works by analyzing data and generating ideas based on the data it has

Credit Suisse Shares Plummet as Bank Joins List of Struggling Financial Institutions

The recent news that Credit Suisse shares have plummeted has sent shockwaves through the financial world. The Swiss banking giant has joined a growing list of struggling financial institutions, with its stock price dropping by more than 20 percent in the last month. This is a worrying sign for investors, as Credit Suisse has long been considered one of the most reliable and stable banks in the world. The cause of the dramatic decline in Credit Suisse shares is likely due to a combination of factors. Firstly, the bank has