Search results for "OPERATOR"
Today
08:22

Bain Capital Seeks to Sell 40% Stake in Bridge Data Centres for $5 Billion

Gate News message, April 23 — Bain Capital is seeking to sell at least 40% of Bridge Data Centres, a Singapore-based data infrastructure operator, in a deal that could value the company at approximately US$5 billion. Bain remains open to selling a larger or controlling stake if it receives a
More
05:02

Chinese Robovan Operator Zelos Eyes $600M Hong Kong IPO

Gate News message, April 23 — Chinese autonomous delivery truck operator Zelos Technology is planning a Hong Kong IPO expected to raise approximately $600 million, according to Bloomberg. The company is in talks with banks; the size and timing of the offering could still change. Founded in 2021, Zelos operates more than 25,000 autonomous vehicles across China and has expanded into Singapore, the United Arab Emirates, and other parts of Southeast Asia and the Middle East. Alibaba's logistics unit Cainiao became a shareholder earlier this year and integrated its unmanned vehicle unit into Zelos through a cash and asset injection in early 2026, expanding the fleet from 2,000 vehicles in 2024 to more than 20,000. Zelos now operates under two brands: its own name for technology products and the licensed "Cainiao Autonomous Vehicle" brand for certain logistics and enterprise customers. The company claims it can reduce last-mile delivery costs by approximately 50% and expects to break even, including R&D expenses, once its fleet reaches about 50,000 vehicles. Management says it expects to deliver more than 1,000 vehicles overseas by the end of 2025.
More
15:12

Investa Receives Direct FCA Authorization to Expand UK Retail Options Trading

Abstract: Investa secures direct FCA authorization, becoming a fully licensed UK operator, with £3.5m raised from crowdfunding and angel investors including Citi, Goldman Sachs, Morgan Stanley, BofA, UBS, and HSBC. It offers 225k+ option contracts on a zero-commission basis as retail activity rises and regulators intensify risk oversight. Summary: Investa receives FCA direct authorization to become a fully licensed UK firm, raises £3.5m, and offers 225k+ zero-commission options as retail activity rises; regulators track risk as competition grows.
More
13:16

Bitcoin mining pool operator Foundry launches a Zcash mining pool, accounting for nearly one-third of new production output

Foundry launched a new mining pool for Zcash on April 13 to meet institutional demand for privacy coins. It has already attracted multiple miners, accounting for nearly one-third of the network’s newly added Zcash production. Zcash is based on zero-knowledge proof technology, which is even more favored by institutions, and its price has risen by more than 75% over the past 30 days.
More
BTC-0,6%
ZEC-1,23%