Though the Chinese economy is slowing, and stock markets may be viewed by at least some observers as lofty, reports surfaced Sunday (Feb. 24) and Monday (Feb. 25) that China’s largest insurer (as measured by market cap) aims to take its OneConnect financial management unit...
Roadie, the on-the-way delivery service, announced Monday (Feb. 25) it raised $37 million in a funding round. 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...
Stock options drum up images of the dot-com era, of IPO riches reaped for getting in on the ground floor of a promising tech startup that goes public. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In a new funding round led by Dragoneer Investment Group and Temasek Holdings, DoorDash notched a $400 million investment at a valuation of $7.1 billion. Existing investors in the food delivery firm — SoftBank Vision Fund, Sequoia Capital and DST Global — also participated, CNBC reported. Get the...
Amid a year when well-valued tech companies plan to list their shares, Pinterest has reportedly made a confidential filing with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO). The social media company is said to be looking for a $12...
Global investment firm SoftBank’s Vision Fund led a $1 billion funding round for Flexport, a logistics and freight startup, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
An investment bank located in Brazil is raising millions of dollars via a security token offering, as reported by CoinDesk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Lalamove, an on-demand delivery and logistics startup based out of Hong Kong, has raised $300 million in a Series D funding round, which brings its valuation to $1 billion or more, granting it unicorn status, according to reports. Get the Full Story Complete the form...
After its Vision Fund has invested in companies such as WeWork, Compass and Opendoor, SoftBank said on Wednesday (February 20) that it led a funding round for storage service firm Clutter. With a $200 million boost, the startup is said to have a post-investment value...