Investments

Investments
Zomato To Raise Cash With Singapore Investment
August 24, 2020

Zomato, the food-ordering and delivery startup in India, is completing a fundraising deal with a division of the Singapore government’s Temasek Holdings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Singapore Buys Stake In India Mall Developer
August 24, 2020

Mall and mixed-use developer Phoenix Mills has raised Rs 1,100 crore from selling shares of its stock, reported Indian daily paper Business Standard. About 40.9 percent of that is from Singapore’s government. The investment comes despite the difficulties of malls due to the growth of...

IPO
DoorDash Moves Ahead With Q4 IPO Plans
August 23, 2020

DoorDash, the San Francisco-based prepared food delivery service, is planning to go public by year’s end, Bloomberg reported, citing sources. 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
Goldman Sachs Eyes Creating $2B Tech Fund
August 23, 2020

Goldman Sachs is pondering a $2 billion venture and growth fund that could boost its stature in the world of technology investing, sources told Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

IPO
Palantir Reportedly Posted $580M Loss Last Year
August 21, 2020

As it approaches its potential introduction to the public markets, Palantir is reportedly set to be the newest in a line of tech firms to go public long prior to bringing in positive income, The New York Times reported. Get the Full Story Complete the...

IPO
Ant Group Seeks $225B Valuation Ahead Of Planned Dual Listing
August 21, 2020

As it aims for an approximately $225 billion valuation, Ant Group intends to seek dual listings in Shanghai and Hong Kong in the weeks to come, Bloomberg reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Ex-House Speaker Paul Ryan Forms SPAC
August 21, 2020

Paul Ryan, former speaker of the House, is creating a “blank-check company,” The Wall Street Journal reported. The move comes amid growing interest in the business model, which is also called a special-purpose acquisition company (SPAC). Get the Full Story Complete the form to unlock this...

Investments
Drizly Notches $50M For Alcohol eCommerce And Delivery Platform
August 20, 2020

Drizly Group, which works in alcohol eCommerce and delivery, has closed a $50 million Series C funding round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Chinese Insurer Waterdrop Plans US IPO After $230M Funding Round
August 20, 2020

In a bid to grow its health insurance division and go public, Waterdrop Inc., a Hong Kong-based insurer, has raised $230 million in a funding round, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...