Investments

Investments
Russia’s Ozon eCommerce Firm Nets $50M To Grow Logistics
March 31, 2020

San Francisco-based Princeville Capital has announced a $50 million investment in Russian online retailer Ozon, which is partly owned by the Russian-based conglomerate Sistema. Ozon, one of Russia’s largest online retailers, has been on a growth spurt over the last few years. Get the Full...

Investments
Allset Notches $8.25M To Improve Restaurant Ordering Experience
March 31, 2020

Dining and takeout startup Allset has raised $8.25 million in a Series B funding round led by the European Bank for Reconstruction and Development (EBRD), with participation from existing investors Andreessen Horowitz, Greycroft, SMRK VC Fund and new investor Inovo Venture Partners, per reports. Get...

Investments
Japanese FinTech Kyash Notches $45M Despite Pandemic
March 31, 2020

Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
China’s Pinduoduo Raises $1.1B In Private Placement
March 31, 2020

Despite the world’s markets being crippled by the coronavirus, Pinduoduo Inc., the Chinese eCommerce company, said on Tuesday (March 31) that it has raised $1.1 billion from newly issued Class A shares in a private placement. Get the Full Story Complete the form to unlock...

Investments
China Regulator Gives Nod To Goldman JV’s
March 27, 2020

The China Securities Regulatory Commission has given final regulatory approval to Goldman Sachs and Morgan Stanley to assume majority stakes in joint securities ventures in the country, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and...

Investments
Arkose Labs Notches $22M In Microsoft Venture Fund-Led Round
March 24, 2020

San Francisco-based fraud prevention technology firm Arkose Labs has raised an additional $22 million in Series B funding led by Microsoft’s venture fund, the company announced on Tuesday (March 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
UK’s Used Car Startup Cazoo Raises Another $116 Million
March 23, 2020

Used car sales startup Cazoo has raised another 100 million pounds ($116 million), which it wants to use to continue buttressing its business, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
WeWork To SoftBank: Hold Up Your End Of Our Deal
March 23, 2020

An agreement between SoftBank and WeWork to bail out the latter from dire fiscal strife may be about to fall apart as SoftBank reportedly is looking for an out to parts of the deal, according to a report by CNBC. Get the Full Story Complete...

Investments
Enable Raises $13M For Rebate Management Platform
March 23, 2020

A cloud-based rebate company called Enable has raised $13 million in a Series A funding round, according to a report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....