FeesSafety
Pluang+

Kyivstar acquires GigaCloud for $50M to boost cloud and AI services in Ukraine

Company Fundamentals
28 Oct 2026, 00:20 WIB
GlobeNewsWire
View Source
Bullish
Kyivstar acquires GigaCloud for $50M to boost cloud and AI services in Ukraine

Kyivstar Group Ltd., Ukraine's leading digital operator, announced the acquisition of cloud provider GigaCloud for up to $50 million. This deal enhances Kyivstar's enterprise tech portfolio by combining connectivity, cloud infrastructure, and cybersecurity, supporting digital transformation for businesses and public institutions. GigaCloud, with over 1,800 enterprise customers and operations in Ukraine and Poland, will continue as a separate unit under Kyivstar. The acquisition is expected to immediately boost Kyivstar's earnings and strengthen its position in sovereign cloud infrastructure and AI-enabled services development.

Kyivstar Group's acquisition of GigaCloud offers context for readers interested in technology sector trends. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 28, 2026 03:23 WIB: Among 150 priced US technology stocks, 84 rose and 66 fell. Notable movers include QUBT at USD 6.88 with a 7.33% increase and a typical hold time of 28 days, DELL at USD 501.20 up 7.27% with a 57-day hold time, and SMCI at USD 35.05 rising 7.22% with a 20-day hold time. Pluang order activity shows a strong buy interest in QUBT (77% Buy) and SMCI (63% Buy), while DELL has more sell orders (69% Sell).

More News

Drone defense market to hit $18.19B by 2030 with 30.6% CAGR amid rising security threats

Drone defense market to hit $18.19B by 2030 with 30.6% CAGR amid rising security threats

The global drone defense system market is projected to grow from $4.72 billion in 2025 to $18.19 billion by 2030, driven by increasing unauthorized drone incidents and demand for advanced detection and countermeasure technologies. Growth is fueled by...

Market News
Bullish
32 minutes ago
Vallourec to release Q3 2026 results on Nov 20 with CEO and CFO presentation.

Vallourec to release Q3 2026 results on Nov 20 with CEO and CFO presentation.

Vallourec will publish its Q3 2026 financial results on November 20, 2026, at 07:30 AM CET. The company's CEO Philippe Guillemot and CFO Nathalie Delbreuve will present the results via a conference call and webcast at 09:30 AM CET the same day. Inves...

Company Fundamentals
Neutral
3 hours ago
MyPropCapital launches blockchain-based platform for transparent trading evaluations and rewards.

MyPropCapital launches blockchain-based platform for transparent trading evaluations and rewards.

MyPropCapital Technology Limited has launched a new trading evaluation platform that uses the Arbitrum One blockchain to record all fees, rules, passes, and rewards publicly. This system allows traders to verify every detail of their trading deals wi...

Others
Bullish
3 hours ago
Strive buys 6,182 BTC as Strategy pauses Bitcoin purchases, raising questions about BTC holding above $80K.

Strive buys 6,182 BTC as Strategy pauses Bitcoin purchases, raising questions about BTC holding above $80K.

Strive purchased 6,182 Bitcoin last week, increasing its holdings to 43,000 BTC, while Strategy Inc., the largest corporate Bitcoin holder, paused its Bitcoin buying to spend $205 million on stock buybacks. This shift leaves Strive as the main corpor...

Market News
Neutral
4 hours ago
Discord to make some public server chats searchable on the web, raising privacy concerns.

Discord to make some public server chats searchable on the web, raising privacy concerns.

Discord announced it will make conversations in its public "Discoverable Servers" searchable and easier to find on the internet starting November 16. This update aims to help users find useful information from over 63,000 public servers on topics ran...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App