UK broadcaster ITV said it had made an investment worth £2m in mapping startup what3words.
The FTSE 100 company said it would take a stake in the location app in exchange for advertising exposure, with an option to invest a further £2m. It is the first deal under its ‘Media for Equity’ programme.
What3words divides the world into a grid of three-meter squares, giving each its own three-word identifier.
(Sharecast News) - Ladbrokes owner Entain rallied on Wednesday as it announced the appointment of Eminence Capital founder Ricky Sandler as a non-executive director with immediate effect. Sandler is the founder, chief executive and chief investment officer of Eminence...
(Sharecast News) - Budget airline Ryanair reported a 9% jump in December passenger numbers on Wednesday. Traffic rose to 12.54 million from 11.52m in the same month a year earlier, while the load factor - which gauges how full the planes are - ticked down to 91% from...
(Sharecast News) - Hungary-based budget airline Wizz Air reported a strong rise in December passenger numbers as demand continued to rebound from the Covid pandemic. The company on Wednesday said it carried 4,964,857 passengers, an 18.8% increase year on year. For the...
Subscribe to our mailing list to receive regular updates!
