Investments

Investments
Indonesia’s Logistics Startup Logisly Raises $6M Series A
November 03, 2020

Logisly, a logistics startup headquartered in Jakarta, Indonesia, notched $6 million in a Series A funding round led by Monk’s Hill Ventures, according to a report in Tech Asia on Tuesday (Nov. 3). Get the Full Story Complete the form to unlock this article and...

IPO
Shanghai Stock Exchange Holds Up Ant Group IPO Following Regulators’ Questioning
November 03, 2020

The Shanghai Stock Exchange is delaying Ant Group’s record initial public offering (IPO) following Jack Ma’s meeting with Chinese regulators, according to a Wall Street Journal (WSJ) report on Tuesday (Nov. 3).  Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Jack Ma Tells Chinese Regulators Ant Group Not A Bank
November 03, 2020

As China’s Ant Group readies for its IPO — the biggest ever — founder Jack Ma wanted to clarify that the company is a tech firm, not a bank, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Jack Ma Summoned For Questioning About $37B Ant IPO
November 02, 2020

The People’s Bank of China (PBOC) and regulators from three Chinese agencies are interviewing Ant Group Founder Jack Ma, Chairman Eric Jing, and CEO Simon Hu about the upcoming $37 billion initial public offering (IPO), according to a Financial Times report on Monday (Nov. 2)....

Investments
FinTech Bridges Millennial Investing Gap
November 02, 2020

To move toward retirement, and to have the money in place to get there, millennials need to make the leap from bare bones banking — checking and savings — into investing. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
China’s Retail Investors Order Over $2.8T Of Ant Group Stock
October 30, 2020

Ant Group indicated on Thursday (Oct. 29) that retail investors in mainland China made over $2.8 trillion of orders for their part of its offering, which is taking place in both Hong Kong and Shanghai at the same time, The Wall Street Journal reported. Get...

Investments
Stablecoins: Bitcoin’s Cousin Fights For Respect
October 30, 2020

At a time when hundreds of cryptocurrencies are battling alongside bitcoin to earn the trust and mass embrace of consumers, business and banks, their digital cousins in the stablecoin market remain comparatively scarce. Get the Full Story Complete the form to unlock this article and...

IPO
Foreign Investors Stand To Gain $8B With Ant Group’s IPO
October 29, 2020

Ant Group’s pending IPO could spell a multibillion-dollar payday for a small and elite group of foreign investors, who bought a stake in the giant Chinese FinTech two years ago, The Wall Street Journal reports. Get the Full Story Complete the form to unlock this...

Investments
Online Ordering Startup Lunchbox Notches $20M
October 28, 2020

New York-based online ordering startup Lunchbox has raised $20 million in a Series A funding round led by Coatue and a mix of new and previous investors, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...