The only thing more rare than a unicorn is an exited unicorn.At TechCrunch, we cover a lot of startup financings, but we rarely get the opportunity to cover exits. This week was an exception though, a
PRETORIA, SOUTH AFRICA – NOVEMBER 04: Prophet Shepherd Bushiri appears at Pretoria Magistrate’s Court on November 04, 2020 in Pretoria, South Africa. According to media reports, the leaders of th
The venture capital market appears to be getting later, larger and more expensive. As a result, fintech — one of its hottest and most-funded sectors — is evolving in a similar manner.For late-stage fi
The 8th Macao International Travel (Industry) Expo is being held at Cotai Expo at the Venetian in China's Macao Special Administrative Region (SAR) from November 6 to 8
PayPal’s stock is down in after-hours trading after reporting third-quarter earnings that beat expectations. It’s not immediately clear why PayPal is losing ground, although it could stem
Reuters U.S. stocks tumbled Wednesday, with the Dow closing at lows last seen in late July, as coronavirus cases surged globally and investors worried about the possibility of a contested U.S.
02:39 COVID-19 has exposed some of America's health and wealth inequalities from hospitals that were inadequately prepared, to people who were inadequately insured. So, how might that
A Lufax display board seen in Shanghai, China, May 1, 2014. /CFP Lufax Holding Ltd, one of China's largest online wealth management platforms, is looking to raise between 2.013 billion and 2.3
Investors do not seem concerned that the Department of Justice filed an antitrust suit against Google earlier today.The suit, seen by some as a stunt near the election, is one of a multi-part push to
Lufax Holding Ltd, a Chinese peer-to-peer lender and one of the country's largest online wealth management platforms, filed to list its shares in the U.S. on Wednesday, becoming the latest company lo
The number of forest fires in Brazil's Amazon increased sharply in September, figures released Thursday show, fueling growing criticism of President Jair Bolsonaro's environmental policies.The Nat
Yesterday, Baltimore-based fintech company Facet Wealth said it raised $25 million in financing as it readies a new business line pitching financial planning as an employment benefit to businesses loo
A view of Shanghai, China. /VCG China moved to further ease foreign access to its capital markets on Friday, officially combining two major inbound investment schemes and broadening the scope
People pay tribute outside Cup Foods, where African American George Floyd died, in Minneapolis, Minnesota, U.S., June 14, 2020. /VCG Racial inequality has cost the U.S. economy 16 trillion U.S
Wall Street's main indexes fell sharply on Wednesday after data showing a cooling of U.S. business activity and the stalemate in Congress over more fiscal stimulus heightened concerns about the ec
01:30 The COVID-19 pandemic illustrates that economic globalization is an objective reality and irreversible historical trend, Chinese President Xi Jinping told the UN General Debate o
Fintech startup Klarna has raised a mega-round of funding led by Silver Lake. The company is raising $650 million at a post-money valuation of $10.65 billion. Klarna says it is now the highest-valued
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