Investments

IPO
Coupang’s IPO Shows Strong eCommerce Enthusiasm On Wall Street
March 11, 2021

South Korean eCommerce giant Coupang ended its first day of trading at $49.25, up $14.25 on the day, or 40.7 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

IPO
Grab Valuation Could Hit $40 Billion If SPAC Talks Solidify
March 11, 2021

Singapore’s Grab could hit a valuation as high as $40 billion if talks with a special purpose acquisition company (SPAC) solidifies into a deal, The Wall Street Journal reported on Thursday (March 11), citing sources. Get the Full Story Complete the form to unlock this article...

Investments
Nimble Raises $50 Million For Robotic Fulfillment Tech
March 11, 2021

Nimble Robotics, Inc. announced a $50 million Series A financing round on Thursday (March 11), a move designed to allow the robotics and eCommerce fulfillment technology firm to accelerate hiring, develop their product and technology, and scale robot deployments for fulfillment operations. Get the Full...

Investments
Nigeria’s Flutterwave Raises $170 Million On $1 Billion Valuation
March 11, 2021

African FinTech startup Flutterwave has raised $170 million in a Series C funding round, bringing its total fundraise to $225 million since its launch five years ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Roblox Stock Skyrockets During First Day Of Trading
March 11, 2021

Online gaming company Roblox went public Wednesday (March 10) via a direct listing on the New York Stock Exchange under symbol RBLX. The NYSE had set a reference price for the company’s stock at $45 per share — the same amount the company sold shares...

IPO
South Korea’s Coupang Files $4.6 Billion US IPO
March 11, 2021

South Korea’s Coupang filed an initial public offering (IPO) in the U.S. raising $4.6 billion, the largest share offering this year and above its initial price range, Reuters reported on Thursday (March 11), Get the Full Story Complete the form to unlock this article and...

Investments
Investors Flock To SPACs Based On Celebrity Backings
March 10, 2021

Investors from all levels of expertise have been flocking to special purpose acquisition companies (SPACs), a tendency that has some financial planners — and the Securities and Exchange Commission (SEC) — worried, Bloomberg reported on Wednesday (March 10). Get the Full Story Complete the form...

IPO
Southeast Asia’s Grab Mulls Public Filing In US Via SPAC
March 10, 2021

Southeast Asian delivery startup Grab Holdings Inc. is considering a public filing in the U.S. through a merger with a special purpose acquisition company (SPAC), Bloomberg reported on Wednesday (March 10) citing sources. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Pipe Raises $50 Million To Streamline Companies’ Access To Financing
March 10, 2021

Recurring revenue trading platform Pipe announced this week it has raised $50 million in strategic equity 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 daily newsletter, PYMNTS...