Drug delivery specialist Aptar acquires majority stake in digital health company Voluntis
rug delivery and consumer dispensing company AptarGroup has signed a share purchase agreement for the majority stake in French digital therapeutics (DTx) developer Voluntis.
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Livestreaming service Popshop Live raises US$20 million in Series A funding round
Livestream e-commerce site Popshop Live has raised US$20 million in a Series A funding round, which valued the startup at US$100 million.
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Hepsiburada closes US IPO
Turkish e-commerce platform Hepsiburada has announced the closing of its US IPO of 65,251,000 ADSs, priced at US$12 per unit.
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P&G cuts ribbon on new Global Product Supply Innovation Center in Germany
Procter & Gamble has opened a new Product Supply Innovation Center (PSIC), which will serve as the hub for collaboration with a network of local suppliers, tech companies, R&D institutions and top universities, developing global, scalable and modular solutions to decarbonize its supply chain.
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Yooma pulls out of China following CBD ban
Canadian wellness platform Yooma has announced that it will be discontinuing operations in China, effective immediately.
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Elf takes cosmetics Crypto with the launch of NFTs
Elf Cosmetics launched a whole new category of cosmetics on Friday. The US mass beauty brand sent its signature products into the crypto space with a range of non-fungible tokens (NFTs), dubbed Ne.l.f.Ts.
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US shoppers duped out of US$28 billion in 2021 by fake online reviews
Fake online reviews will be behind some US$3.96 billion of online fashion sales in the US and US$800 million of beauty and personal care buys, according to a study conducted by CHEQ and the University of Baltimore.
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CEO for the day: A$AP Rocky takes the helm at Klarna for 24 hours
Rapper A$AP Rocky assumed the role of CEO for a day at Klarna at the start of June, in recognition of his recent investment in the global payments provider.
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High flyer: Colgate-Palmolive to send oral care experiment to ISS
Colgate-Palmolive has announced plans to send to the first private sector oral care experiment to the International Space Station (ISS). The experiment is designed to learn more – in a microgravity environment – about the bacteria that affect oral and overall health.
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Google to pilot AI-powered dermatology assist tool
Google is set to pilot an AI-powered dermatology assist tool to make it easier to identify skin conditions. The internet search engine’s web-based application analyses skin from three images taken with a phone camera and a questionnaire and will provide users with a list of possible matching conditions that they can then research further.
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