PayPal and Dragoneer have both agreed to invest stocks in MercadoLibre, each offering $750 million and $100 million respectively. These actions follow MercadoLibre’s decision to offer common stocks to the public.
MercadoLibre, the leading e-commerce technology in Latin America and...
Cloud service provider CloudBolt recently raised $35 million led by Insight Partners, to elevate the hybrid cloud environment and develop multi-tools for innovation.
Out of the injected funds, roughly $15 million will go straight into equity investment, and the remaining...
Lazard France has named Jean-Louis Girodolle as its new investment banking chief executive officer. Girodolle’s appointment comes after Matthieu Pigasse resigned from the company. Girodolle’s appointment to the corporation was observed effective immediately.
According to the Financial Times, Pigasse left...
Ride-hailing giant Uber will be leading a $170 million investment deal in Lime, an electric scooter and bike rental company. The news comes after Uber announced its plans to lay off approximately 3,700 people or 14% of its staff...
The newly minted billionaire Jay-Z invested one million dollars in vegan cookie company named Partake Foods. The investment is made through the star’s own firm, Marcy Venture Partners.
Sean Carter, more popularly known as singer-rapper Jay-Z, led the recent round...
Expanding in three markets, Dayton-based investment firm The Connor Group has made huge purchases in Indianapolis, Tampa, and North Carolina.
In about eight days, the firm has closed a $183 million worth of property, reentering the Indianapolis market. Last December...
Last Tuesday, June 18, 2019, a multinational company Google announced its plans to invest $1 billion. According to a blog post by the corporation, the investment aims to address the housing crisis in the San Francisco Bay Area.
Reuters reports...
Cashier-less checkout startup Zippin announced Thursday, Dec 12, the closing of its $12 million Series A funding led by Evolv Ventures, the $100 million venture hub backed by Kraft Heinz Co.
In a press release, the San Francisco-based startup named...
While the U.S. government shutdown can make investors uncertain, its impact usually is short-lived to the markets, Fidelity Investments said. This shutdown impasse takes place at a time when many investors are already concerned about reduced earnings and rising...
Swiss food brand Nestle enters an asset purchase agreement with Allergan to acquire the gastrointestinal medication Zenpep.
This acquisition marks Nestle’s move to enter medical nutrition and expand its therapeutic products. The deal is still ongoing and further details are...
