Investment

To invest is to allocate money in the expectation of some benefit in the future. In finance, the benefit from an investment is called a return.

(source: en.wikipedia.org)

Ex-Uber CEO Kalanick’s Startup Lands $400M From Saudi Fund
Ex-Uber CEO Kalanick’s Startup Lands $400M From Saudi Fund
November 07, 2019  |  Investments

CloudKitchens, the delivery startup founded by former Uber CEO Travis Kalanick, has received a $400 million investment from Saudi Arabia’s Public Investment Fund (PIF), according...

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SoftBank CEO Vows WeWork Blunder Won’t Happen Again
SoftBank CEO Vows WeWork Blunder Won’t Happen Again
November 06, 2019  |  Investments

SoftBank CEO Masayoshi Son calls his company’s decision to save WeWork “an exception” that won’t happen again. Last month, SoftBank extended a lifeline of $8...

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WeWork Write-Off Triggers $6.5B Loss For SoftBank 
WeWork Write-Off Triggers $6.5B Loss For SoftBank 
November 06, 2019  |  Investments

Japan’s SoftBank reported a $6.5 billion loss on Wednesday (Nov. 6), its first quarterly drop-off in 14 years and far larger than analysts’ estimates, Bloomberg...

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Rakuten Expects To Lose $947M On Falling Lyft Shares
Rakuten Expects To Lose $947M On Falling Lyft Shares
November 05, 2019  |  Investments

Japan’s Rakuten has taken a huge loss on Lyft shares, according to Reuters. The company said it expects to lose 103 billion yen ($947 million)...

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Visa Invests In LISNR To Boost Mobile Payments Growth
Visa Invests In LISNR To Boost Mobile Payments Growth
November 05, 2019  |  Mobile Commerce

Ultrasonic data firm LISNR is getting a strategic investment from Visa to speed up expansion of its mobile payments, LISNR announced in a press release...

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Top News In Payments: Paidy Notches $143M In Funding; UK Legislators Want First-Time Payments Delay
Top News In Payments: Paidy Notches $143M In Funding; UK Legislators Want First-Time Payments Delay
November 01, 2019  |  News

In today’s top payments news, Japan’s instant credit startup Paidy notched $143 million in a Series C extension funding round. Also, legislators in the United...

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PayPal Among Investors In $143M Funding For Japan’s Paidy
PayPal Among Investors In $143M Funding For Japan’s Paidy
November 01, 2019  |  Payment Methods

Japan’s instant credit startup Paidy raised $143 million in a Series C extension funding round, the company announced in a press release on Thursday (Oct....

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India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer
India’s Struggling Yes Bank Sees Share Boost From $1.2B Offer
October 31, 2019  |  Investments

Yes Bank in India has received an offer from an unnamed investor in the amount of $1.2 billion for a stake in the bank, according...

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Gojek’s New Co-CEOs Plan For Dual Listing, Expanded Market Share
Gojek’s New Co-CEOs Plan For Dual Listing, Expanded Market Share
October 24, 2019  |  IPO

Gojek, an Indonesia-based ride-hailing and payments company, has said it’s getting ready for a dual listing, and it’s looking for a larger share of the...

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