Investments

IPO
Ant Group Preps For One Of Biggest IPOs In History
July 20, 2020

Ant Group, the online payments division arm of Alibaba Group Holding Ltd., China’s eCommerce superstore, plans to file an initial public offering (IPO) on Shanghai’s Nasdaq-style STAR Market and the Hong Kong Stock Exchange, the company announced Monday (July 20). Get the Full Story Complete the...

Investments
Vanguard’s Ant Tie-Up Attracts 200,000 Chinese Investors In 100 Days
July 19, 2020

A joint venture for an advisory partnership between Vanguard and Ant Financial in China has hooked 200,000 clients in in its first 100 days, Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
UK-Based Car Subscription Platform Drover Notches $25.7M In Funding
July 16, 2020

London-based car subscription service Drover has notched 20.5 million pounds (approximately $25.7 million) in funding that RTP Global, Autotech Ventures and Target Global co-led, Silicon Canals reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Airbnb Revives Plans To Go Public With Management Shakeup
July 16, 2020

It could be the right time for Airbnb to go public. As the San Francisco-based vacation rental online marketplace has seen bookings rebound after coronavirus disruption, it will revive plans to launch an initial public offering this year, the Financial Times (FT) reported. Get the...

Investments
Uber Looks At $500M Investment In Freight Division, Report Says
July 16, 2020

Uber is said to be in talks with investors to take stake in its freight business and raise $500 million to boost it to a value of $4 billion, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
CommerceHub Mulls IPO At $2B Valuation
July 15, 2020

CommerceHub, which makes eCommerce software, is preparing an initial public offering (IPO) that may value the firm at over $2 billion, according a report in Bloomberg citing unnamed people familiar with the matter. Get the Full Story Complete the form to unlock this article and...

IPO
GoHealth Surges 20 Pct After IPO Raises More Than $913M
July 15, 2020

Shares of GoHealth surged Wednesday (July 15) on the heels of a blockbuster initial public offering (IPO) that saw the online health insurance brokerage raise $913 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Flipkart Raises $1.2B On $24.9B Valuation From Walmart-Led Investors
July 14, 2020

Flipkart Group raised $1.2 billion in a recent funding round led by Walmart, the company’s majority owner. The investment values Flipkart at $24.9 billion, the eCommerce marketplace announced on Tuesday (July 14). Get the Full Story Complete the form to unlock this article and enjoy...

IPO
BigCommerce Eyes IPO As Pandemic Fuels Online Shopping Surge
July 14, 2020

BigCommerce is on track to becoming the latest tech company to go public. 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 Today....