The Starbucks rival in China, the Beijing-based Luckin Coffee, has filed for an initial public offering (IPO) in the United States with a valuation of almost $3 billion since its last funding round, according to a report by Reuters. Get the Full Story Complete the...
eBay is reportedly in talks to lead an investment in Paytm Mall in an effort to branch into offline-to-online commerce in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
A new report has revealed that investments in digital health startups fell 19 percent in the first quarter of 2019. Data from Mercom Capital Group showed that investors put $2 billion into digital health startups during the first quarter of the year, less than the...
Luckin, a Chinese coffee startup that aims to dominate rival Starbucks in the Chinese coffee market, has raised $150 million in a Series B-plus fundraising round, according to a report. The fresh capital values the company at $2.9 billion, which is an increase of $700...
Uber is working on an investment deal that would value its self-driving unit at $7.25 billion. Citing two people familiar with the matter, Financial Times reported that existing Uber shareholders SoftBank, Toyota and Japanese auto parts supplier DENSO will fund $1 billion into Uber’s Advanced Technologies Group (ATG)...
Payfone announced that it has secured a $24 million funding round, led by TransUnion. The funding also included participation from existing investors Synchrony, MassMutual Ventures, Massachusetts Mutual Life Insurance Company and Wellington Management. Get the Full Story Complete the form to unlock this article and...
Chinese peer-to-peer (P2P) lender Dianrong wants to raise $100 million in an attempt to outlast a regulatory squeeze on the industry in the country, according to a report in the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy...
Lyric, a startup that designs, installs and operates flexible accommodations for travelers, raised $160 million in venture funding. 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...
Returnly, the post-purchase payments company, announced on Tuesday (April 17) that it has raised $19 million in venture funding. 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...
