Investments

Investments
Kohl’s Urged to Sell Company or Spin off eCommerce Business
December 05, 2021

Kohl’s, the second-largest U.S. department store chain, has been urged by activist investors to either sell itself outright or consider a spin-off of its eCommerce division in a bid to boost its stock price. Get the Full Story Complete the form to unlock this article...

IPO
You Don’t Have to Dig Very Deep Into DiDi’s Delisting to Find the Awkward Truth
December 03, 2021

There is a game that generations of American kids play when they go to the beach that goes something like this: If we dig deep enough, I wonder if we can make it all the way to China? Get the Full Story Complete the form...

SPAC
Amex Global Business Travel to Go Public in SPAC Deal
December 03, 2021

American Express Global Business Travel is getting ready to list on the New York Stock Exchange through a business combination deal with special purpose acquisition company (SPAC) Apollo Strategic Growth Capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Grab Loses a Fifth of Share Value on Day One as Public Company
December 02, 2021

Grab has seen its shares lose over a fifth of their value on its first day in trading in New York, per a Wall Street Journal (WSJ) report Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Lamaa Gets Investment in Series A From Wa’ed for SMB Digitization
December 02, 2021

Wa’ed, the entrepreneurship arm of Saudi Aramco, has invested in the Riyadh-based FinTech startup Lamaa, the companies announced Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

IPO
Grab Shares Slide in Nasdaq Debut Following $40B SPAC Deal
December 02, 2021

Update: 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 agree to receive marketing communications from PYMNTS...

Investments
Express Delivery Startup Jokr Raises $260M at $1.2B Valuation
December 02, 2021

Instant grocery delivery startup Jokr closed a $260 million Series B funding deal that puts the company’s valuation at $1.2 billion, giving it unicorn status nine months after launching, according to a press release emailed to PYMNTS. Get the Full Story Complete the form to...

Investments
Labor Resource Platform Shiftsmart Raises $95M
December 02, 2021

The labor-management resource Shiftsmart has raised $95 in a Series B round, funding the New York-based company will use for its software, which pairs hourly workers with open shifts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Swiggy Grows Instamart Express Grocery With $700M in Capital
December 02, 2021

Food delivery startup Swiggy is backing its express grocery delivery platform Instamart with $700 million of fresh capital, according to a statement on Thursday (Dec. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...