Falling markets weigh on shekel
Yesterday the Bank of Israel revealed that it has bought $11.7 billion in foreign currency in the first two months of 2020.
Fiverr cancels planned $700m offering
The Israeli freelancer platform today announced that due to market conditions it would not be in its shareholders' interest to proceed and the offering has been cancelled.
Next Insurance buys AP Intego, doubling revenue
The Israeli digital insurance company declined to disclose any financial details about the deal but said that the acquisition will double revenue from $200 million annually to $400 million.
G. Willi-Food CEO quits
Einat Peled Shapira is quitting only one year after succeeding Michael Luboschitz who held the post for two years.