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SoftBank invests in Europe's largest second-hand luxury goods website Vestiaire
The SoftBank Group has just participated in a new round of financing for Vestiaire Collective, the largest second-hand luxury goods website in Europe. The scale of this round of financing is 178 million euros (about 209 million US dollars), and the valuation of Vestiaire is 1.7 billion US dollars. Vestiaire said on Wednesday that Generation Investment and existing investors such as Conde Nast and Eurazeo are also participating in this round of financing. SoftBank Chief Operating Officer Marcelo Claure (Marcelo Claure) will add
The Organization for Economic Cooperation and Development warns that the next two years will usher in high inflation. Have the signs of stagflation already surfaced?
The Organization for Economic Cooperation and Development (OECD) released its quarterly report on Tuesday and warned that the risk of inflation will continue to rise over the next two years as economic growth stagnates. The OECD said, “Up to now, the impact of the Delta variant on the economies of countries and regions with high vaccination rates has been relatively moderate, but at the same time, recent economic growth momentum in other regions has weakened, pressure on the global supply chain has intensified, and supply costs have soared.” According to the OECD, the United States, Canada, the United Kingdom and some other emerging market economies have experienced high inflation, but some other developed economies have maintained relatively low inflation, especially in terms of position
Get ahead of Tesla! Amazon-backed Rivian's first electric pickup goes offline
Amazon-backed electric vehicle startup Rivian announced that the company's first R1T electric pickup pulled off the production line at a factory in Illinois on Tuesday morning local time, marking that the company became the first company in the world to bring electric pickups to market, ahead of Tesla, GM, and other competitors. Rivian founder and CEO Robert Joseph Scaringe (Robert Joseph Scaringe) said, “After months of trial production, our first customer vehicle opened our production line this morning! Our team worked together to make this moment
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