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...
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...
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...
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...
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...
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...
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...
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...
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....