Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization 
AstraZeneca’s LATIFY Phase III Trial of Ceralasertib Misses Primary Endpoint in Lung Cancer Study 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccines Portfolio 
Waymo Plans Safety and Emergency Response Upgrades After San Francisco Robotaxi Disruptions 
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility 
U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage 
Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance 
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist 
UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs 
Yen Stabilizes Near Lows as Japan Signals Readiness to Intervene Amid Dollar Weakness 
DOJ Reaches Settlement With Blackstone’s LivCor Over Alleged Rent Price-Fixing 
Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally 
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks 
US and Japan Fast-Track $550 Billion Strategic Investment Initiative 
South Korea-based fashion platform operator Ably Corporation is seeking to raise around 40 billion won by attracting a pool of major domestic venture capital firms.
The company's valuation is estimated to reach around 400 billion won with the funding.
Last September, the company raised 37 billion won from investors including the Korea Development Bank, LB Investment, and Kolon Investment to push its enterprise value at around 300 billion won.
Once the latest funding round wraps up, the company would have raised over 80 billion won.
Founded in 2015, Ably Corporation's Ably app started as a fashion platform offering celebrity-designed styles.
The company has since created a platform that helps individuals open up shopping malls. It also uses big data to provide personalized recommendations for its fashion app users.
Last July, it was selected as a pre-unicorn by the Ministry of SMEs and Startups
Ably Corporation posted 52.6 billion won in revenue in 2020, up by 66 percent on-year. However, it suffered an operating loss of 38.4 billion won.
