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Lily Chang

3095 Posts
Aug
16
2024
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By Lily Chang
Airwallex aims to go public in 2026 after reaching 0 million in revenues

Airwallex aims to go public in 2026 after reaching $500 million in revenues

Social Responsibility
Airwallex, a Tencent-backed fintech startup recently valued at $5.5 billion, has reached a significant financial milestone by hitting $500 million in annual revenue. The company’s CEO and co-founder Jack Zhang revealed in a recent discussion that Airwallex is targeting an initial public offering (IPO) by 2026. During the interview, Zhang expressed optimism that the company’s annual recurring revenue will potentially double to $1 billion by 2027. Airwallex’s growth trajectory has been steep, supported by strategic expansions in key markets in the UK, Europe and North America. These regions now contribute more than 35% of the company’s total trading volume, reflecting…
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Aug
16
2024
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By Lily Chang
Trump to hold press conference at his New Jersey golf resort

Trump to hold press conference at his New Jersey golf resort

Politics
Former President Donald Trump has scheduled a press conference at his golf resort in New Jersey, marking his second media event in recent weeks as he takes a fresh, force-infused approach ahead of next week's Democratic National Convention. Trump has also stepped up his criticism of Vice President Kamala Harris, despite not having held any recent press conferences or interviews with President Joe Biden, who ended his reelection campaign in an effort to regain his position. Vice President Harris has had limited interactions with the media since becoming the Democratic nominee. Although she has traveled with reporters on Air Force…
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Aug
16
2024
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By Lily Chang
Biden earmarks 0 million for pioneering cancer research initiatives

Biden earmarks $150 million for pioneering cancer research initiatives

Health
During his recent visit to New Orleans, President Biden announced a substantial investment of $150 million to advance cancer research. The funding, part of the administration's ambitious Cancer 'Moonshot' initiative, was unveiled during his visit to Tulane University with First Lady Jill Biden. The grants are intended to benefit eight leading research institutions, improving their capabilities in precision cancer surgery. This innovative approach aims to improve the accuracy of tumor removal and minimize the need for subsequent surgeries by using advanced imaging technologies to ensure complete removal of tumor cells at tumor sites. In his speech, President Biden emphasized the…
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