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...
A Seattle-based startup that manages an on-demand warehouse marketplace has raised $43 million in a Series B funding round, according to reports. Flexe has found a niche that will help its efforts to wrest marketplace control away from Amazon and provide customers with an alternative...
Chinese coffee company Luckin, a fast-growing startup that aims to replace Starbucks as China’s largest coffee giant, is looking to raise $586.5 million ahead of its IPO, according to a report from Reuters. Get the Full Story Complete the form to unlock this article and...
Japanese capital group SoftBank has invested $20 million in Clip, a Mexican FinTech startup that offers a mobile credit card reader for smartphones. Businesses all across Mexico have adapted the technology as a simple and low-cost way to accept payment, according to Reuters. Get the...
Apple’s CEO Tim Cook has continued to make the argument that the Cupertino, California iPhone maker is a consumer company, not a tech one, pointing to Warren Buffett’s investment as evidence. In an interview with CNBC, Cook said famed investor Buffett understands that Apple is...
Bigbasket, the Indian online grocery store operator, raised $150 million in a fresh round of venture funding, valuing the company at more than $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Here it comes, the big initial public offering (IPO) from Uber, a highly anticipated event set for Thursday (May 9). But there’s a lot to get through before it happens, including a possible strike, along with a reasonable level of concern about how investors will...
It’s usually folly to predict what will interest historians in the future. But there’s a good case that when it comes to chronicles of the early 21st digital economy — and these years right now, these vital and exciting bridge years between the 2000s and...
