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Tech companies, including Meta and xAI, are using SPVs to raise tens of billions for AI data centers, letting them keep the debt off their balance sheets (Carmen Arroyo/Bloomberg)

Carmen Arroyo / Bloomberg : Tech companies, including Meta and xAI, are using SPVs to raise tens of billions for AI data centers, letting...

20 October 2024

Kazakhstan-based Kaspi.kz agrees to acquire a majority share, or 65.4%, of Turkish e-commerce platform Hepsiburada for ~$1.13B, expected to close in Q1 2025 (Cate Lawrence/Tech.eu)

Cate Lawrence / Tech.eu:
Kazakhstan-based Kaspi.kz agrees to acquire a majority share, or 65.4%, of Turkish e-commerce platform Hepsiburada for ~$1.13B, expected to close in Q1 2025  —  The share acquisition is poised to benefit entrepreneurs and SMEs in Kazakhstan and Turkey.  —  Kazakhstan fintech Kaspi.kz …

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