ByteDance, the parent of assailed video-sharing app TikTok, is working with India’s Reliance Industries in order to save the company’s Indian business via a financial investment, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Online wealth management platform Lufax is the latest to file plans for an IPO in the United States as Chinese firms rush to go public before tough new federal disclosure rules go into effect. Get the Full Story Complete the form to unlock this article...
Blend, the San Francisco-based digital mortgage and loan platform, announced it has secured $75 million in Series F 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 gain riches – go public or stay private and sell to a high bidder? 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,...
After BigCommerce‘s initial public offering (IPO) last week, the company has seen a massive uptick in its stock, which shot up over 200 percent. But before that, Intuit offered to buy the company for $1.5 billion, a proposal that was rejected, CNBC reported. Get the...
CuriosityStream, a streaming service that produces documentaries on history, science and technology, is poised to become the latest company to go public through a merger with a special purpose acquisition company, or SPAC. Get the Full Story Complete the form to unlock this article and...
Despite a 40 percent decrease in its valuation in three years, Airbnb Inc. is on track to go public in a move that would illustrate a bounce-back in the sinking homesharing sector. Get the Full Story Complete the form to unlock this article and enjoy...
HMD Global, the exclusive licensee of the Nokia brand for tablets and smartphones, notched a $230 million investment from some of its leading strategic partners with the “first closing” of its current funding round. The funding would continue to propel the company’s strategic vision forward...
Ucommune, a Chinese rival of co-working space operator WeWork, scrapped a planned U.S. IPO via a document filed on Monday (Aug. 10) with the U.S. Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...