Lemonade, the insurance startup backed by Japan’s SoftBank, soared on its first day of trading Thursday (July 2), rising more than 100 percent as of the afternoon after raising $319 million in an initial public offering. Get the Full Story Complete the form to unlock...
The Singapore government’s Temasek Holdings Ltd. is in talks to invest up to $100 million in Zomato, the Indian food delivery service firm, the India Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Billionaire Facebook co-founder Eduardo Saverin’s budding venture capital firm has raised a new $820 million fund for investments in startups, a move that comes at a time when many entrepreneurs are struggling amid a sharp decline in financing deals. Get the Full Story Complete the...
GoHealth, Inc. is seeking to raise $100 million in Class A common stock during a proposed upcoming initial public offering (IPO), according to a filing with the U.S. Securities and Exchange Commission (SEC). The health insurance marketplace is seeking to list with the “GHTH” symbol on The...
A Chinese startup is landing hundreds of millions in additional financing as a group of investors – which includes Tencent – eyes the country’s fast-growing grocery delivery sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Companies owned by private equity firms are not seeing the money for protection that those firms ostensibly have saved up, The Wall Street Journal (WSJ) reported, and many are tumbling into bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy...
The long-awaited initial public offering (IPO) of Idaho-based grocery chain Albertsons went ahead on Friday (June 26) after often-fraught years of planning. Now trading on the New York Stock Exchange under the symbol ACI, the chain sold 50 million shares at $16 per share, bringing...
Lemonade Inc., the technology-driven insurance startup, has told regulators that its initial public offering (IPO) is seeking a share price of between $23 to $26. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Singapore-based early stage tech investment firm East Ventures has targeted a new fund intending on benefiting businesses hurting from the coronavirus pandemic, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...