{"id":37884,"date":"2022-03-03T11:45:19","date_gmt":"2022-03-03T11:45:19","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=37884"},"modified":"2022-03-03T11:45:19","modified_gmt":"2022-03-03T11:45:19","slug":"alibaba-backed-beauty-tech-firm-perfect-corporation-to-merge-with-us-blank-cheque-company-in-deal-worth-us1-billion","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=37884","title":{"rendered":"Alibaba-backed beauty tech firm Perfect Corporation to merge with US blank-cheque company in deal worth US$1 billion"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostPerfect Corporation, a Taiwanese augmented reality (AR) software services provider focusing on beauty and cosmetic brands, has signed an agreement to merge with Nasdaq-listed blank-cheque company Provident Acquisition Corporation in a deal that values it at US$1.02 billion.The start-up, which counts Alibaba Group Holding and Goldman Sachs Asset Management as early investors, will raise up to US$335 million through the merger with the special purpose acquisition company (SPAC), according to a\u2026<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3169086\/alibaba-backed-beauty-tech-firm-perfect-corporation-merge-us?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostPerfect Corporation, a Taiwanese augmented reality (AR) software services provider focusing on beauty and cosmetic brands, has signed an agreement to merge with Nasdaq-listed&hellip; <\/p>\n","protected":false},"author":0,"featured_media":37885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/37884"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37884"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/37884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/37885"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37884"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}