Latin America-based Loft, a digital real estate startup that aims to make buying and selling real estate in the region easier, has raised $175 million in a series C funding round, according to a press release. Get the Full Story Complete the form to unlock...
Although Apple was the 2019 star of the Dow Jones Industrial Average, tech investor Paul Meeks calculates that the stock is worth much less than $290 a share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Richard Merage, the man who created Hot Pockets, disclosed stake that he bought in Groupon on Monday (Dec. 30). Merage and his company, MIG Capital, based in Newport Beach, California, disclosed the 5 percent stake in the eCommerce company, the reason for which was that...
With a new funding round that could bring its valuation to more than $1 billion, ClassPass, backed by Alphabet Inc. and Temasek, is aiming to raise $285 million. As part of the funding round, the fitness firm will issue 22.7 million series E shares per a securities filing Reuters received...
Initial public offerings (IPOs) in India during 2019 have dropped to a four-year low as the Southeast Asian country’s economy cools, according to Reuters. Analysts anticipate additional government reforms in 2020 could help improve stock markets, however. Get the Full Story Complete the form to unlock...
Chinese eCommerce behemoth Alibaba is supporting the Indian logistics startup XpressBees with a $10 million investment, DealStreetAsia reported Thursday (Dec. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Electric vehicle (EV) startup Rivian confirmed on Monday (Dec. 23) that it closed a successful funding round at $1.3 billion. The lead investor was T. Rowe Price, but included existing investors Amazon and Ford, according to Reuters. Get the Full Story Complete the form to...
A Mexican food chain in the U.K. called Chilango turned to an unlikely source to fund expansion recently: its customers. The chain promised returns of 8 percent a year and free food for life, according to a report by the Financial Times. Get the Full...
An artificial intelligence (AI)-powered travel bot called Eddy Travels has raised about $500,000 in a pre-Seed funding round, according to reports. The funding round was led by Techstars Toronto, Open Circle Capital from Lithuania, Practica Capital, and angel investors from North America and Europe. Get...
