Investments

Investments
DoorDash Raises $400M, Hits $7.1B Valuation
February 22, 2019

In a new funding round led by Dragoneer Investment Group and Temasek Holdings, DoorDash notched a $400 million investment at a valuation of $7.1 billion. Existing investors in the food delivery firm — SoftBank Vision Fund, Sequoia Capital and DST Global — also participated, CNBC reported. Get the...

Investments
Logistics Startup Flexport Lands $1B Investment Led By SoftBank
February 21, 2019

Global investment firm SoftBank’s Vision Fund led a $1 billion funding round for Flexport, a logistics and freight startup, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Banco BTG Pactual To Raise Millions Via Security Token Offering
February 21, 2019

An investment bank located in Brazil is raising millions of dollars via a security token offering, as reported by CoinDesk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
Logistics Startup Lalamove Goes Unicorn With $300M Investment
February 21, 2019

Lalamove, an on-demand delivery and logistics startup based out of Hong Kong, has raised $300 million in a Series D funding round, which brings its valuation to $1 billion or more, granting it unicorn status, according to reports. Get the Full Story Complete the form...

Investments
SoftBank-Backed On-Demand Physical Storage Startup Clutter Hits $600M Valuation
February 21, 2019

After its Vision Fund has invested in companies such as WeWork, Compass and Opendoor, SoftBank said on Wednesday (February 20) that it led a funding round for storage service firm Clutter. With a $200 million boost, the startup is said to have a post-investment value...

Investments
Mojio Closes $40M Funding Round For Tech Dev, Hiring
February 20, 2019

Mojio, a company that focuses on connected car technology, has raised $40 million in a Series B funding round, according to reports. The firm previously raised $17 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Goldman-Backed Construction FinTech Rabbet Raises $8M
February 20, 2019

Rabbet, an intelligent construction finance platform, announced Wednesday (Feb. 20) it has raised $8 million in Series A 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...

Investments
Tencent Touts Aggressive Investment Plans
February 20, 2019

Go big or go home — that could describe Tencent’s aggressive investment philosophy, one whose pace will not ease, according to Martin Lau, president of the China-based internet firm that is responsible for WeChat and other digital tools. Get the Full Story Complete the form...

Investments
Alibaba Invests: China International Capital
February 19, 2019

Alibaba, the Chinese eCommerce giant, has increased its stake in China International Capital Corp. to close to 12 percent, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...