BAIC Group, the Chinese automotive company, wants to buy 5 percent of Daimler, reported Reuters. 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,...
Following a claim of fraud by a short seller, shares in eCommerce firm Jumia fell by almost 25 percent by midday New York time on Friday (May 10) and traded at $20.30 at one point, the Financial Times reported. The stock, however, was trading higher...
Uber’s IPO priced at the (very) low end of revised ranges on Thursday (May 9). Investor sentiment is muted amid Lyft’s own downturn, general market volatility and, of course, a sea of red ink. Yet, beyond the near-term bumpiness as a newly publicly traded entity,...
African FinTech payment startup Chipper Cash has attracted some high-profile investors and raised $2.4 million in a funding round, according to a report in TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Uber will price its initial public offering (IPO) at either the middle of its target range or below, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
ChowNow, the online ordering platform for local restaurants, announced Wednesday (May 8) it has raised $21 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....
San Francisco-based FinTech startup SoFi, known as a company that deals with student debt, has been steadily expanding into other markets, like home and personal loans, among other things. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Megvii, the Chinese artificial intelligence (AI) company that goes by the name Face++, announced on Wednesday (May 8) that it has raised $750 million in funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Gett, an Israel-based ride-hailing startup that focuses on high-end B2B clients, has raised $200 million, which places its value at $1.5 billion, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
