By Chibuike Oguh NEW YORK (Reuters) -Microsoft Corp shares rose to a new record high close on Thursday as market optimism about the prospects of artificial intelligence (AI) has helped …
Topic:
valuation
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(Reuters) – Online fashion giant Shein raised $2 billion in its latest fundraising round that values the company at $66 billion, about a third less than a year earlier, the …
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By Lewis Jackson SYDNEY (Reuters) – Australia’s biggest landlords and developers played down concerns about inflated commercial property valuations at a conference on Tuesday, while acknowledging economic uncertainty was making …
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By Krystal Hu (Reuters) – Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, is in talks to raise hundreds of millions of dollars in a funding round …
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(Reuters) – Grocery delivery start-up Instacart has cut its internal valuation to $10 billion, the Information reported on Tuesday, citing two people familiar with the situation. The company, whose new …
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TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, may lower the valuation from the planned 2.2 trillion yen ($16.09 billion) to levels below …
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By Scott Murdoch (Reuters) -China’s Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet …
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BENGALURU (Reuters) – India’s Tata Group-backed BigBasket has initiated a fresh round of funding that could value the online grocery startup at around $3.5 bln, The Economic Times newspaper reported …
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By Pamela Barbaglia and David French LONDON/NEW YORK – Battered by a near 50% plunge in its shares over the last 12 months, Nexi, Europe’s biggest payments processor, has not …
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(Reuters) – Italian luxury group Prada SpA is considering seeking at least $1 billion from a second listing in Milan and is working with Goldman Sachs Group Inc on early …
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Exclusive: Alibaba’s Freshippo seeks funds at much lowered $6 billion valuation – sources
by ReutersBy Kane Wu HONG KONG – Alibaba’s supermarket chain Freshippo is seeking to raise funds at a valuation of about $6 billion, much lower than a hoped-for valuation of up …
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By Anirban Sen (Reuters) -Swedish payments firm Klarna Bank AB is nearing a deal to raise fresh capital at a valuation of about $6 billion from existing investors led by …
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BENGALURU – Shares of India’s Zomato Ltd fell as much as 8.2% on Tuesday, extending losses for a second straight day as investors questioned the rationale of the company’s deal …
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(Reuters) – Acrisure said on Tuesday it had raised $725 million in a fresh funding round led by a wholly owned subsidiary of Abu Dhabi Investment Authority, valuing the insurance …
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By Munsif Vengattil NEW DELHI – The parent company of India’s ShareChat has raised nearly $300 million in fresh funding from Alphabet Inc’s Google, media giant Times Group and Singapore’s …
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NEW YORK – Chainalysis, the New York-based blockchain data platform company, said on Thursday it had raised $170 million of new funding, bringing its valuation to $8.6 billion. The funding …
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HONG KONG -State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical’s chairman about jointly taking the Hong Kong-listed company private in a deal valuing it at nearly $3 …
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Walmart’s Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listing-sources
by ReutersBy Aditya Kalra, Aftab Ahmed and Anirban Sen NEW DELHI – Walmart’s Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, …
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-Cryptocurrency operator Circle Internet Financial said on Thursday it was valued at $9 billion under new deal terms with Concord Acquisition Corp, a blank-check firm backed by former Barclays boss …
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By Pamela Barbaglia and Sergio Goncalves LONDON – Altice Europe NV has ditched a plan to sell its Portuguese business after private equity bids failed to meet price expectations, leaving …