Gic news and trends

DoorDash Becomes Food Delivery Unicorn With $535M In Funding
Retail // March 01, 2018

After raising $535 million in a Series D round, DoorDash may be worth $1.4 billion in a post-money valuation. The company is not necessarily thinking about an initial public offering (IPO), though — even with that level of funding, TechCrunch reported. “It doesn’t really change anything for...

Affirm Confirms $200M Investment Round
Merchant Innovation // December 11, 2017

Financial services company Affirm announced Monday it has raised $200 million in Series E funding from a consortium of investors led by global investment firm GIC Private Limited. In a press release, Affirm said funding to date comes to approximately $450 million. In the latest...

Quick Reads
Sale Of Share Of AmEx Business Travel To Carlyle And GIC Appears Dead

May 10, 2020
American Express Global Business Travel, seeing its sales more than halved from the pandemic, could now also lose out on a purchase by private equity firm Carlyle Group and Singapore-based GIC, a sovereign wealth fund. The two firms are reportedly backing out and claiming AmEx had violated several of the terms of the agreement, sources […]

DoorDash Becomes Food Delivery Unicorn With $535M In Funding

March 01, 2018
After raising $535 million in a Series D round, DoorDash may be worth $1.4 billion in a post-money valuation. The company is not necessarily thinking about an initial public offering...