Delivery logistics platform Bringg announced that it has raised $25 million in new funding, bringing its investment total to $53 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Airbnb, one of several tech giant companies potentially getting ready for an initial public offering (IPO) this year, said on Tuesday (Jan. 15) that it’s been profitable for two straight years, according to CNBC. Airbnb measures profits through earnings before interest, tax, depreciation and amortization (EBITDA)....
USA Technologies issued an open letter on Monday (January 14) to shareholders, admitting that the company “had prematurely or inappropriately recognized revenue” in 2017 and 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Stocks for Alibaba, China’s eCommerce giant, are down 1.7 percent after the president of the company admitted that China’s consumer market is slowing down, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Immersive Labs, the cybersecurity skills platform company, announced Monday (January 14) that Goldman Sachs led an $8 million investment round in the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Akulaku, a FinTech lending company, has received $40 million in funding from Ant Financial. 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...
Slack Technologies, a popular workplace messaging app, is said to be considering going public through a direct listing, as opposed to a traditional IPO. The Wall Street Journal reported that the company would be the second big-name tech company to do so, following in the...
In the midst of an economically uncertain time in China stemming from the trade war with the U.S., Xiaomi said it will invest at least 10 billion yuan ($1.5 billion) in artificial intelligence and Internet of Things (IoT) smart devices over the next five years....
Bukalapak, an online marketplace company from Indonesia, will soon announce a new round of funding, 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 logins required. yesSubscribe to...
