Japan’s SoftBank might be looking to invest $1 billion in Chinese truck-hailing company Manbang Group. 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,...
In an effort to deepen its push into securities, banking and insurance, JD.com’s finance arm is seeking to raise ¥12 billion — or $1.9 billion — in equity. If successful, the unit could be worth more than $20 billion, CNBC reported. Get the Full Story...
A new survey by Shenzhen Stock Exchange reveals that most Chinese investors, who expect the government to roll back some of its rules on initial public offerings (IPOs) for tech companies, want to be able to invest in domestic companies’ IPOs. Get the Full Story...
Telenor Group announced news on Tuesday (March 13) that it made a strategic partnership with Ant Financial Services Group in which Ant acquires a 45 percent stake in Telenor Microfinance Bank, a unit of Telenor Group. Get the Full Story Complete the form to unlock...
U.S./Israeli startup BioCatch announced it has closed a $30 million funding round led by Maverick Ventures. 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,...
Blue Pool Capital, a financial company that’s main role is investing for Jack Ma and Joe Tsai, the co-founders of Alibaba, has invested $20 million in Rent the Runway. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Blockchain startup Bitt announced that it has received an additional $3 million in funding from Overstock’s venture capital subsidiary, Medici Ventures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Atom Tickets, the movie ticket app, announced news on Thursday (March 8) that it closed a Series C round of funding, raising more than $60 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Uber co-founder and former Chief Executive Travis Kalanick announced in a Twitter post that he is creating a new fund called 10100, which will house his “passions, investment ideas and big bets.” Get the Full Story Complete the form to unlock this article and enjoy...
