Investments

Investments
Millennials Dump Tesla Stock
April 05, 2019

Millennials have been unloading Tesla shares a week before the company revealed disappointing Q1 delivery numbers. The company’s Q1 report sent shares falling by more than 8 percent on Thursday (April 4), according to Markets Insider. Tesla is down nearly 20 percent so far this year....

Investments
GrubMarket Raises $25M As It Eyes Potential IPO
April 04, 2019

GrubMarket, the startup that connects local farmers with restaurants and stores, has raised $25 million in venture funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Investments
Tencent Buys Stake In Chinese eCommerce Co Youzan
April 04, 2019

Tencent Holdings is buying over 1 billion shares of Hong Kong-listed eCommerce platform Youzan. According to DealStreetAsia, the deal will give Tencent a 6.7 percent stake in Youzan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Microsoft-Backed Cybersecurity Co Aqua Raises $62M
April 04, 2019

Aqua Security announced that it has closed a Series C investment round of $62 million, led by Insight Partners. The company’s existing investors — Lightspeed Venture Partners, M12 (Microsoft’s venture fund), TLV Partners and Shlomo Kramer — also participated. This latest investment brings Aqua’s total...

Investments
Yahoo Sells, Shutters Altaba, Its Alibaba Stake
April 03, 2019

The company created to hold Yahoo’s considerable stake in Alibaba, called Altaba, will be sold and close shop by Q4 of this year, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Affirm Raises $300M In Series F Funding
April 03, 2019

Financial services company Affirm has raised $300 million in a Series F funding round, the company said in a press release. The funding round was led by Thrive Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Opendoor, Zillow Rival Perch Raises $220M
April 03, 2019

Home buying and selling platform Perch has announced that it has raised $220 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Investments
PayPal Invests In Digital ID Blockchain Startup
April 02, 2019

PayPal has invested in a blockchain company for the first time — one that’s focused on using the technology to help give users greater control over their digital identities, according to reports. The company is called Cambridge Blockchain, and PayPal participated in a Series A...

Investments
Customer Data Startup Segment’s Value Balloons To $1.5B
April 02, 2019

Segment, a data collection startup that helps companies manage customer data, has raised $175 million in funding, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...