In the statement, GMA revealed the first details on GMA Ventures’ plans, including investing in “tech start-ups with substantial growth horizons and industries that continue to expand.”“If you’re in that space, it is necessary to get ahead of the game when it comes to technology,” Luis Gerardo Limlingan, managing director at Regina Capital Development, told the Inquirer.
Not all investments deliver lucrative returns as PLDT Inc. learned when it invested almost P20 billion in Germany’s Rocket Internet in 2014 only to sell its shares at a loss years later.“Success rates are really low and I think that’s what they need to accept,” Limlingan said. “Of course, the payoff is big if they land the next Amazon, Netflix or Facebook.”
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Still living the dream: Kapuso actress Andrea Torres renews contract with GMA NetworkBeautiful Kapuso actress Andrea Torres is beyond grateful as she renewed her contract with GMA Network yesterday, July 16! ❤️
Source: gmanetwork - 🏆 12. / 63 Read more »
GMA Network offers star-studded and family-friendly weekend primetimeJoin in the fun and exciting adventures this weekend on GMA! 🥳
Source: gmanetwork - 🏆 12. / 63 Read more »
Mr. M begins duties as GMA Artist Center's newest consultantMr. M already sat on a panel with GMA executives and directors to screen talents! 🤩 omg, they have discussed plans na. Tama at dapat talaga unahin ni mr m yung mga homegrown talent ng GMA mas maraming magagaling din saka sana nman wag ng mag special mentions kung sino sino yung gusto na makatrabaho,wag ng ganon,dahil nasa fans pa rin kung gusto o ayaw ang isang artist 🤔 Hope he doesn't do politics like in the other company
Source: gmanetwork - 🏆 12. / 63 Read more »
GMA Network offers star-studded and family-friendly weekend primetimeJoin in the fun and exciting adventures this weekend on GMA! 🥳
Source: gmanetwork - 🏆 12. / 63 Read more »
Mr. M begins duties as GMA Artist Center's newest consultantMr. M already sat on a panel with GMA executives and directors to screen talents! 🤩 omg, they have discussed plans na. Tama at dapat talaga unahin ni mr m yung mga homegrown talent ng GMA mas maraming magagaling din saka sana nman wag ng mag special mentions kung sino sino yung gusto na makatrabaho,wag ng ganon,dahil nasa fans pa rin kung gusto o ayaw ang isang artist 🤔 Hope he doesn't do politics like in the other company
Source: gmanetwork - 🏆 12. / 63 Read more »
Lagman: Duterte wants to be ‘successor-president’ with VP bidMANILA, Philippines — President Rodrigo Duterte’s possible vice presidential bid is fueled by his “real intention” of becoming a “successor-president,” Albay 1st District
Source: cebudailynews - 🏆 8. / 71 Read more »