Investments

Investments
Google Parent Alphabet Joins Amazon, Microsoft And Apple With $1T Market Cap
July 06, 2020

The four largest tech companies have regained their trillion-dollar status as the stock market continues its surprising rebound following a big slide during the early days of the coronavirus crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Indonesia’s Payfazz Raises $53M In New Round
July 06, 2020

Indonesian payment processor Payfazz has secured $53 million in Series B funding, numerous media outlets reported Monday (July 6). 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...

Investments
Intel Pays $253.4M Into Jio Platforms For A 0.39 Pct Stake
July 06, 2020

Intel Capital Corp. wants a piece of Jio Platforms, India’s largest mobile network operator, LiveMint.com reported. 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,...

Investments
Google Eyes Investing In Indonesia’s eCommerce Hub Tokopedia
July 05, 2020

Google and Temasek Holdings Private Ltd., an investment company owned by the Singapore government, are in talks to invest as much as $1 billion for Tokopedia, sources told Bloomberg News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Insurance Tech Firm Lemonade Soars 139 Pct On First Trading Day
July 02, 2020

Tech companies’ initial public offerings (IPOs) can be grossly mispriced, as evidenced by some companies like Lemonade and Agora which have leapt up close to or even more than 150 percent in price after going public, CNBC reports. Get the Full Story Complete the form...

Palantir Technologies Seeks Nearly $1B From Investors
July 02, 2020

Palantir Technologies has a lot of irons in the fire as it reportedly gets ready for an initial public offering (IPO), including its current drive to raise nearly $1 billion from investors. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
Singapore’s Temasek Holdings To Invest $100M In Zomato
June 30, 2020

The Singapore government’s Temasek Holdings Ltd. is in talks to invest up to $100 million in Zomato, the Indian food delivery service firm, the India Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Facebook Co-Founder On Hunt For Startups With $820M Fund
June 30, 2020

Billionaire Facebook co-founder Eduardo Saverin’s budding venture capital firm has raised a new $820 million fund for investments in startups, a move that comes at a time when many entrepreneurs are struggling amid a sharp decline in financing deals. Get the Full Story Complete the...

Investments
Tencent, Primavera Staking $300M On Chinese Grocery Delivery Startup
June 29, 2020

A Chinese startup is landing hundreds of millions in additional financing as a group of investors – which includes Tencent – eyes the country’s fast-growing grocery delivery sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...