|Day's Range||18.12 - 18.33|
|52 Week Range||15.19 - 20.26|
|PE Ratio (TTM)||249.04|
|Dividend & Yield||0.68 (3.79%)|
|1y Target Est||N/A|
Dynamic Yield, a company that designed a digital platform to help online marketers, has raised $31 million in a investment round that included Deutsche Telekom Capital Partners, Deutsche Telekom's (DTEGn.DE) investment management group. Other investors included La Maison, Baidu (BIDU.O), Bessemer Venture Partners and Israel's Claltech, Dynamic Yield said on Thursday. The new funds will be used to expand the company's service to new industries, further invest in machine learning and artificial intelligence and improve market share in an $800 billion industry.
Niek Jan van Damme, head of Deutsche Telekom's home market of Germany, is quitting a year early at the end of the year to make way for Dirk Woessner of Canada's Rogers Communications, Deutsche Telekom said on Tuesday. Germany is Deutsche Telekom's second-biggest market after the United States. Woessner, head of Rogers' consumer business, previously spent 13 years at Deutsche Telekom, most recently as sales director for business and consumer customers in Germany.
The German telecom giant wants to better align its media operations with a changing media strategy, including spending more with companies like Facebook and Google.