Lalamove, an on-demand delivery and logistics startup based out of Hong Kong, has raised $300 million in a Series D funding round, which brings its valuation to $1 billion or more, granting it unicorn status, according to reports. Get the Full Story Complete the form...
After its Vision Fund has invested in companies such as WeWork, Compass and Opendoor, SoftBank said on Wednesday (February 20) that it led a funding round for storage service firm Clutter. With a $200 million boost, the startup is said to have a post-investment value...
The distinction between firms that offer financial technology and FinTechs needs to be clearer, according to Provenir Managing Director Paul Thomas, and agility and forward-thinking are among the key differentiators. Here’s how financial tech companies can do more than just “talk the talk” when it...
Ride-hailing company Lyft is preparing to list shares on Nasdaq at the end of March, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Mojio, a company that focuses on connected car technology, has raised $40 million in a Series B funding round, according to reports. The firm previously raised $17 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Rabbet, an intelligent construction finance platform, announced Wednesday (Feb. 20) it has raised $8 million in Series A 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...
Go big or go home — that could describe Tencent’s aggressive investment philosophy, one whose pace will not ease, according to Martin Lau, president of the China-based internet firm that is responsible for WeChat and other digital tools. Get the Full Story Complete the form...
Alibaba, the Chinese eCommerce giant, has increased its stake in China International Capital Corp. to close to 12 percent, 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...
HSBC, the global bank, expressed caution on Tuesday (Feb. 19) that it may be forced to put off some investments in 2019 as it contends with slowing growth in China and the U.K. Get the Full Story Complete the form to unlock this article and...
