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Dubai-based Stake raises $8 million to let people across the globe invest in local properties

TechCrunch

While we have users from many countries on the site, folks from UAE, Saudi Arabia, Kuwait, the UK, and India are our top five investor bases,” Tabbara said. What’s more, if the property is sold at a higher rate than its acquisition, Stake takes a 15% cut from the profit. The company also charges investors 2.5%

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Meituan’s next decade: expands global footprint with focus on retail and AI

TechNode

Meituan, Chinas local services platform, is accelerating its global expansion with a renewed focus on grocery retail, international markets, and artificial intelligence, CEO Wang Xing announced in a recent internal meeting. At the same time, Meituans increased profitability has brought new challenges.

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Platforms successfully stopped a lame COVID conspiracy video from going viral

The Verge

In short: bog-standard anti-vaxx conspiracy theories, rooted in the notion that a handful of shadowy elites brought the world to a standstill in order to profit from it. The more aggressive apps introduced in South Korea and Kuwait may have been more effective, but they also introduced privacy concerns. Sam Byford / The Verge ).

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