Investments

IPO
Digital Health Firms Prepare To Go Public
April 07, 2019

Some digital health companies are finally getting set to go public. 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, PYMNTS Today. By completing...

Investments
Tandem Launches Fundraising For Expansion Plans
April 05, 2019

Startup bank Tandem is trying to secure a new investment to help its plans for overseas expansion. 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...

IPO
Morgan Stanley To Oversee Early Trading For Uber IPO
April 05, 2019

Morgan Stanley will take on the role of stabilization agent for Uber when it goes public, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Telecom Reliance Jio Backs Indian Virtual Assistant Startup
April 05, 2019

Telecom firm Reliance Jio announced that it has acquired a majority stake in startup Haptik, which develops “conversational” platforms and virtual assistants for corporations. The transaction, worth $100 million, gives Jio an 87 percent stake in the company, with the remaining shares going to Haptik’s...

Investments
Millennials Dump Tesla Stock
April 05, 2019

Millennials have been unloading Tesla shares a week before the company revealed disappointing Q1 delivery numbers. The company’s Q1 report sent shares falling by more than 8 percent on Thursday (April 4), according to Markets Insider. Tesla is down nearly 20 percent so far this year....

Investments
GrubMarket Raises $25M As It Eyes Potential IPO
April 04, 2019

GrubMarket, the startup that connects local farmers with restaurants and stores, has raised $25 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. yesSubscribe to...

Investments
Tencent Buys Stake In Chinese eCommerce Co Youzan
April 04, 2019

Tencent Holdings is buying over 1 billion shares of Hong Kong-listed eCommerce platform Youzan. According to DealStreetAsia, the deal will give Tencent a 6.7 percent stake in Youzan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Microsoft-Backed Cybersecurity Co Aqua Raises $62M
April 04, 2019

Aqua Security announced that it has closed a Series C investment round of $62 million, led by Insight Partners. The company’s existing investors — Lightspeed Venture Partners, M12 (Microsoft’s venture fund), TLV Partners and Shlomo Kramer — also participated. This latest investment brings Aqua’s total...

Investments
Yahoo Sells, Shutters Altaba, Its Alibaba Stake
April 03, 2019

The company created to hold Yahoo’s considerable stake in Alibaba, called Altaba, will be sold and close shop by Q4 of this year, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...