Tag
#startups.
Successful IPOs of 2020 – Airbnb and DoorDash witnesses a kickstart
Both companies had their IPOs recently.
Airbnb’s IPO took off for the first time on Thursday, December 10, and it has been a massive kickstart! This is the start of their trading journey, and the famous…
Lyft’s business is gradually recovering from the effects of Covid-19
An increase of 47% in revenue from Q2 of 2020 but still a downfall of 44% from Q3 …
Lyft released its financial results for the third quarter of 2020 on Tuesday, beating analyst’s expectations. Recovery has been observed in the San Francisco-based ride-hailing company’s sales from pre-pandemic days,…
VSPN Esports raised $100 million in funding lead by Tencent
Esports is on roll.
VSPN, Versus Programming Network, a Chinese eSports startup company, announces that it has raised $100m in its series B funding round. The funding round was led by Tencent Holdings, followed…
BIMA raises $30 million for digital health and insurance
BIMA already raised $97 million in 2017.
BIMA is one of the top growing health and insurance organizations, based in London and Stockholm. The startup now serves more than 35 million people in 9 different emerging markets…
Elon Musk qualifies for an unprecedented $2.1 billion stocks
His second big pay award since May.
Elon Musk, the CEO of Tesla, successfully made it to unprecedented heights by qualifying for $2.1 billion in stocks. As the company decided to lower the price of the Tesla…
VMWare acquiring network security firm Lastline
Lastline acquisition will further increase VMWare's Carbon Black Threat Analysis Unit capabilities.
VMware, a well known American publicly traded software company, has announced its intent to acquire Lastline, an anti-malware cybersecurity company, for research and to yield innovative security capabilities. The deal…
Apple acquired Dark Sky weather app, set to remove from Play Store by July 1
Dark Sky is an Apple thing now!
Dark Sky, a popular hyperlocal weather app and data collection service, has joined Apple to reach far more people with far more impact than ever thought. Dark Sky is one…
Toyota invests $400 million in Pony.ai for Level 4 autonomous cars
Pony.ai is now a $3 billion company.
Pony.ai, an autonomous driving startup based in China, has received a total of $462 million in the latest funding round, led by Toyota Motor Corporation. The largest Japanese automaker has…
Intuit is buying Credit Karma for $7.1 billion, its biggest acquisition
The deal will mark its largest acquisition by Intuit.
Intuit, a US-based leading financial software company, is intending to acquire Credit Karma — another leading multinational personal financing company for $7.1 billion in cash and stock. The deal would…
Elon Musk’s SpaceX to raise $250 million in funding for Crew Dragon, Starship and Starlink
It will make SpaceX a $36 billion company.
Elon Musk’s SpaceX is seeking $250 million at $220 per share in new fundings, according to a report by CNBC . The funding will boost the worth of the company…