Investments

Innovation
Pinterest Enters Top Three Social Platforms; Shares Spike 13 Pct.
January 14, 2020

After a report indicated Pinterest came out ahead of Snap Inc.’s Snapchat to take the spot as the third-largest social media platform in the United States, shares of the social media firm jumped by as high as 13 percent on Tuesday, Bloomberg reported. Get the...

Investments
Tradeshift Notches $240M As IPO Is Postponed
January 14, 2020

Supply chain FinTech Tradeshift has raised $240 million from new and existing investors, but is holding off on an initial public offering (IPO) in favor of focusing on profitability, the company announced on Tuesday (Jan. 14). Get the Full Story Complete the form to unlock...

Investments
ToursByLocals Gets $25M To Match Travelers With Guides
January 13, 2020

The tours and experiences market is rapidly growing, and analysts predict that it will be worth $183 billion in 2020. One particular startup, ToursByLocals, aims to capitalize on this trend. The company has gotten a significant investment in a funding round to aid its expansion,...

Investments
Jolt Notches $14.1M To Expand Pay-As-You-Go MBA Program
January 13, 2020

Education startup Jolt has notched $14.1M in a Series A funding round to provide an alternative to traditional MBA courses, TechCrunch reported on Sunday (Jan. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Casper Warns Social Media Celebs Could Pose Investment Risk
January 12, 2020

U.S. mattress-in-a-box company Casper has underscored the increasing power of social media influencers to propel or hinder brands. The firm, moreover, cited its own digital advocates as a potential risk factor to its initial public offering (IPO). Get the Full Story Complete the form to...

Investments
Forty Percent Of US-Listed Companies Report Losses
January 10, 2020

The share of listed companies in the U.S. that are losing money is nearing 40 percent, which is the highest level since the 90s outside of a recession, according to a report by The Wall Street Journal. Get the Full Story Complete the form to...

Investments
SoftBank To Invest In Indonesia’s Sustainable City
January 10, 2020

SoftBank Chief Executive and Founder Masayoshi Son wants to invest in the building of a $34 billion smart capital in Indonesia that would focus on renewable resources, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and...

Investments
58 Home Online Services Firm Nears $2B In Pre-IPO Round
January 10, 2020

With a potential U.S. initial public offering (IPO) on the horizon that could value the company at as high as $2 billion, 58 Home is near the conclusion of a private fundraising round, per unnamed sources cited in a Bloomberg report. The company is owned by...

Investments
SoftBank’s Vision Fund Startups See Spate Of Layoffs
January 10, 2020

As far as investments go, SoftBank’s Vision Fund’s recent bumps and bruises, and the state of many of its once high-flying holdings, bring to mind that scene in a long-ago Monty Python movie focused on the Holy Grail. In that film, the plague has struck, and...