Catherine Badour
U.S. online survey company SurveyMonkey on Monday said it had confidentially registered for an initial public offering with the Securities and Exchange Commission, through its parent SVMK Inc.
Adyen, (ADYEN_w.AS), which processes payments for Netflix (NFLX.O), Facebook (FB.O) and eBay (EBAY.O), saw its value double to $17 billion in a market debut on Wednesday reminiscent of the 1999 tech bubble, Reuters reported.
Toyota Motor Corp has agreed to buy a $1 billion stake in Southeast Asia’s Grab in the biggest investment by a carmaker into a ride-hailing firm, at a time when traditional automakers are racing to team up with disruptive tech companies, Reuters reported.
Abu Dhabi’s Mubadala Investment Company said on Wednesday it plans to launch a $400 million fund to invest in leading European technology companies.
Start-up Bloom Energy Corp, which makes fuel cell boxes that can power an entire building, filed for an initial public offering with the U.S. Securities and Exchange Commission late on Tuesday, Reuters reported.
German online furniture retailer Home24 is expected to price its initial public offering (IPO) at 23 euros a share, giving it a market value of 625 million euros ($737 million) including an overallotment option, following its stock market flotation, Reuters reported.
Japanese flea market app operator Mercari Inc’s IPO is raising up to $1.2 billion in the nation’s biggest such share sale so far this year, as the firm seeks to replicate its domestic success overseas, especially in the money-losing U.S. market.
Asset managers began fundraising for six Chinese “unicorn” funds on Monday, offering retail investors a new investment channel but potentially straining tight market liquidity, Reuters reported.
Israel-based ride hailing app Gett has raised $80 million in a funding round that values the company at $1.4 billion, it said on Thursday.
Israel’s Hailo, which is developing a chip for deep learning, said on Tuesday it has raised $12.5 million, bringing its total raised to date to $16 million, Reuters reported.