Investments

Investments
Insurance Tech Firm Lemonade Soars 139 Pct On First Trading Day
July 02, 2020

Tech companies’ initial public offerings (IPOs) can be grossly mispriced, as evidenced by some companies like Lemonade and Agora which have leapt up close to or even more than 150 percent in price after going public, CNBC reports. Get the Full Story Complete the form...

IPO
Firms Gravitate To Remote IPOs For Cost And Time Savings
July 02, 2020

Is the “virtual” initial public offering (IPO) here to stay? 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. By completing this...

Palantir Technologies Seeks Nearly $1B From Investors
July 02, 2020

Palantir Technologies has a lot of irons in the fire as it reportedly gets ready for an initial public offering (IPO), including its current drive to raise nearly $1 billion from investors. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
SoftBank-Backed Lemonade Soars Above $3B Valuation On First Day Of IPO Trading
July 02, 2020

Lemonade, the insurance startup backed by Japan’s SoftBank, soared on its first day of trading Thursday (July 2), rising more than 100 percent as of the afternoon after raising $319 million in an initial public offering. Get the Full Story Complete the form to unlock...

Investments
Singapore’s Temasek Holdings To Invest $100M In Zomato
June 30, 2020

The Singapore government’s Temasek Holdings Ltd. is in talks to invest up to $100 million in Zomato, the Indian food delivery service firm, the India Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Facebook Co-Founder On Hunt For Startups With $820M Fund
June 30, 2020

Billionaire Facebook co-founder Eduardo Saverin’s budding venture capital firm has raised a new $820 million fund for investments in startups, a move that comes at a time when many entrepreneurs are struggling amid a sharp decline in financing deals. Get the Full Story Complete the...

IPO
Insurance Marketplace GoHealth Seeks $100M In Potential IPO
June 29, 2020

GoHealth, Inc. is seeking to raise $100 million in Class A common stock during a proposed upcoming initial public offering (IPO), according to a filing with the U.S. Securities and Exchange Commission (SEC). The health insurance marketplace is seeking to list with the “GHTH” symbol on The...

Investments
Tencent, Primavera Staking $300M On Chinese Grocery Delivery Startup
June 29, 2020

A Chinese startup is landing hundreds of millions in additional financing as a group of investors – which includes Tencent – eyes the country’s fast-growing grocery delivery sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
PE Firms Shun Investments In Older Firms Hard Hit By Pandemic
June 28, 2020

Companies owned by private equity firms are not seeing the money for protection that those firms ostensibly have saved up, The Wall Street Journal (WSJ) reported, and many are tumbling into bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy...