Catherine Badour
Fast-growing financial technology business iZettle is set to be one of the biggest European fintech companies to list after announcing plans on Tuesday to join the Nasdaq Stockholm stock exchange this year, Reuters reported.
Square Inc, the payments company led by Twitter Inc Chief Executive Officer Jack Dorsey, will acquire website building startup Weebly, the company said on Thursday.
Financial technology firm Revolut said on Thursday its valuation had jumped by five times in a year to $1.7 billion at its most recent funding round, making it the first of Britain’s digital-only banks to reach unicorn status, Reuters reported.
Meituan Dianping, China’s largest provider of on-demand online services, is buying bike-sharing firm Mobike for $2.7 billion, in a deal that will intensify the rivalry of their common backer Tencent Holdings with Alibaba Group, Reuters reported.
Amazon.com Inc may make a rival offer to buy Indian e-commerce firm Flipkart, which is in tie-up talks with Walmart Inc, local media reported, as the two U.S. retail giants jostle for dominance in India’s booming online industry.
Streaming music leader Spotify appears to be bracing for a potentially rough stock market ride on its first day of trading on Tuesday, following Monday’s steep sell-off of technology stocks on Wall Street.
Citi’s (C.N) venture capital arm Citi Ventures and Canaan Partners Israel have invested in Contguard, a provider of shipment monitoring and business-intelligence services.
Health insurance start-up Oscar Health said on Tuesday it raised $165 million in a new round of funding led by San Francisco venture capital firm Founders Fund.
Smartsheet Inc, a U.S. vendor of software used by corporate employees to collaborate on projects, has hired investment banks for an initial public offering (IPO) that could value it at about $1 billion, sources told Reuters.
Ride-hailing firm Uber Technologies Inc [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, sources told Reuters, in what would be the U.S. company’s second retreat from Asia.