Investments

IPO
China’s JD.com To Sell $4.3B In Hong Kong-Listed Shares
June 05, 2020

Hong Kong technology company JD.com Inc. plans to sell up to $4.3 billion in shares in what is expected to be among this year’s largest public offerings in China, the Financial Times reported. Get the Full Story Complete the form to unlock this article and...

Investments
UAE Fund Pumps $1.2B Into Jio Platforms, India’s Telecom Giant
June 05, 2020

Mubadala Investment Co., an investment arm of the government of Abu Dhabi in the United Arab Emirates (UAE), is investing $1.2 billion in Jio Platforms, the Indian telecommunications firm, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Building Cities With Online Platforms And Opportunity Zones
June 05, 2020

If recent headlines have taught us anything, it is that economic support and investments can go a long way toward helping cities, businesses and individuals navigate any number of challenges (the pandemic is only among the most recent challenges). Get the Full Story Complete the...

IPO
ZoomInfo Stock Briefly Doubles As IPO Takes Off
June 04, 2020

Vancouver, Wash.-based ZoomInfo Technologies saw its stock double for a time Thursday (June 4) as it staged a successful initial public offering in the middle of the COVID-19 economic downturn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Varo Raises $241M To Become A National Bank
June 03, 2020

Varo Money Inc., the mobile banking company, closed on a $241 million Series D funding round, the San Francisco-based company announced on Wednesday (June 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
SoftBank Announces $100M Fund For Minority-Led Startups
June 03, 2020

SoftBank is rolling out a $100 million loan fund targeted exclusively at minority-led startups, in the latest move by a big corporate player to address racial inequities in the United States amid coast-to-coast protests over police brutality. Get the Full Story Complete the form to...

Investments
PayPal Boosts Investment In Tink Open Banking Platform
June 03, 2020

PayPal has re-upped its stake in Tink with an investment of an undisclosed size that was part of a previously announced 90 million euro funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
PayPal, Facebook Take Stakes In Gojek
June 03, 2020

PayPal and Facebook are collaborating on a funding round by GoJek, the Indonesian digital payments company, to boost their profiles in Southeast Asia’s financial services sectors and fuel its use among small businesses, the tech companies announced. Get the Full Story Complete the form to...

IPO
Vroom’s IPO Could Net $366.6M
June 02, 2020

eCommerce vehicle retailer Vroom has started the initial public offering (IPO) of its common stock, according to an announcement. 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...