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London-based digital bank Allica, which caters to over 30K SMBs across the UK, raised a $155M Series D from Ventura Capital and others at a $1.2B valuation (Tom Matsuda/Sifted)

Tom Matsuda / Sifted : London-based digital bank Allica, which caters to over 30K SMBs across the UK, raised a $155M Series D from Ventur...

31 May 2024

Sources: TikTok pauses plans to launch its e-commerce business in major European markets to focus on growth in the US where it's fighting a divest-or-ban law (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Sources: TikTok pauses plans to launch its e-commerce business in major European markets to focus on growth in the US where it's fighting a divest-or-ban law  —  - ByteDance halts plan to roll out shopping from Spain to Italy  — Company aims to entrench itself in its most lucrative market

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