Lyft investors Andreessen Horowitz and Peter Thiel’s Founders Fund discreetly sold off part of their stakes to Saudi Arabia’s Prince al-Waleed bin Talal and his Kingdom Holding Co. for $148 million in a deal authorized by the ride-hailing startup. Get the Full Story Complete the form to unlock this article...
One financial industry heavyweight is putting his money where his bank is. 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 Today. By...
The era of big data is a dual-sided promise and problem coin for those who try to leverage it to build their bottom line. The good news is that through the combined power of cloud processing, mobile technology and an increasingly ubiquitously digitally enabled landscape,...
The eCommerce startup scene in Africa just got a big push with a new $83 million funding for 10 eCommerce ventures, which are counted among the top in Africa. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Alibaba is taking a leap into virtual reality. 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 Today. By completing this form, you...
Redecorating is hard work. That’s a fact that consumers often learn the hard way when they set out on what they think will be a relatively short and simple journey to redecorate a room (or if they are ambitious, a series of rooms) and find...
Rakuten Ventures announced a major move to help boost investments for startups in Japan. 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...
In its latest bid to amp up its game against Uber, Chinese ride-hailing service Didi Kuaidi has attracted a $200 million investment from China Merchants Bank (CMB) as a part of its $3 billion fundraising round. Get the Full Story Complete the form to unlock...
While there are any number of services that have tried to offer the “Uberized” version of almost every service — dry cleaning, dinner delivery, grocery shopping, the list is almost endless (for now) — attempts at offering the same service, though pitched at a somewhat...
