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Drop-ship automation platform Cymbio on Th stanley cup ursday March 24 announced that PayPal Ventures, the venture capital arm of the global payments company, has invested an undisclosed amount in the company, four months after Cymbio closed a $20M Series B聽fundraising round.Cymbios marketplace and drop-ship automation platform creates a bridge between brands and individual marketplaces and retailers, offering stanley cup a centralized platform with scalable retail connections to more than 800 marketplaces, retailers and eCommerce solutions worldwide. PayPal Ventures investment in stanley thermos Cymbio reflects the important role that Cymbio plays in enabling brands to shift to a multi-channel commerce model, said CEO Roy Avidor, who co-founded the company along with Mor Lavi and Gilad Zirkel, in the joint press release. This investment will support Cymbio in the next stage of our journey as we continue to help brands accelerate their digital sales growth by connecting them to a global retail ecosystem, he said.Cymbios platform is compatible with myriad systems and protocols used by retailers and marketplaces. It automates all drop-ship and marketplace operations, including integration, setup and day-to-day management of the relationship between brands and retailers, the press release said.PayPal Ventures investment will allow Cymbio to continue to grow and expand its capabilities, including a planned financial services offering for the hundreds of brands on its platform slated for the second quarter of this ye Dngt ACH Innovators Eye Security And Standardization
Regulators are taking action after more than $6 billion in cash has disappeared from the bo stanley polska oks of two Chinese companies, according to Nasdaq reports on Friday May 17 .A combined $6.1 billion is unaccounted for at the companies, according to drug maker Kangmei Pharmaceutical Co and high-polymer materials producer Kangde Xin Composite Material Group.The drug maker revealed in April that an accounting error led to an overstatement of its cash position in 2017 by about $4.4 billion. Earlie stanley usa r this month, the materials maker said its auditor was unable to find about $1.7 billion that the company said it held in a bank deposit.Reports said investors are stunned at the revelations, which have prompted Chinese regulators to take action. The nation top securities watchdog, Yi Huiman, told reporters at a news conference earlier this month that those who did bad things must pay the price. The chairman of the Chi stanley us na Securities Regulatory Commission CSRC has also announced an initiative to strengthen oversight of corporate governance and impose stricter penalties.Local media said regulators are investigating Kangmei accounting error, and are also looking at its auditor, GP Certified Public Accountants. The CSRC has also reportedly opened an investigation into Kangde Xin, and its chairman, Zhong Yu, has been detained.The publication noted that investors were particularly shocked considering the missing funds come in the form of cash

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