Uber CEO Dara Khosrowshahi said Thursday (Nov. 9) that the company is targeting 2019 for its initial public offering. 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...
Despite failing to meet growth projections and seeing a decrease in ad sales, Snapchat disclosed that Tencent has increased its stake in the company by more than 12 percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
SouChe.com, the Chinese car trading website, raised $335 million in venture capital funding, led by eCommerce giant Alibaba. 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...
Remitly, an independent digital remittance company, announced that it had agreed to raise up to $115 million in series D funding, according to Business Wire. PayU, a FinTech investment division of Naspers, will lead the investment round. Get the Full Story Complete the form to...
Constellation Brands, a beer distributor that owns Corona, announced that it has signed an agreement to buy an almost 10 percent stake in Canopy Growth Corporation, the world’s largest publicly traded cannabis company. Get the Full Story Complete the form to unlock this article and...
Ant Financial, the financial arm of China’s Alibaba, and Samsung Group, the South Korean consumer electronics giant, led a $40 million fundraising round for DeePhi Tech, the Chinese artificial intelligence (AI) startup. Get the Full Story Complete the form to unlock this article and enjoy...
Stitch Fix has officially filed for an initial public offering, revealing that it earned nearly $1 billion in annual sales. 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...
Hiya, which was spun out by Whitepages a year ago, announced its first outside funding: a Series A of $18 million led by Balderton Capital, with participation from Nautilus Venture Partners and Lumia Capital. Get the Full Story Complete the form to unlock this article...
Investor, entrepreneur and former Apple exec Tony Fadell has unveiled his latest investment: a new investment and advisory firm called Future Shape that’s working with engineers and scientists. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
