The logo of Chinese ride-hailing firm Didi Chuxing is seen at their new drivers center in Toluca, Mexico, April 23, 2018. /Reuters China's dominant ride-hailing firm Didi Chuxing rejected the
Hello from the midst of Disrupt 2020: after this short piece for you I am wrapping my prep for a panel with investors from Bessemer, a16z and Canaan about the future of SaaS. Luckily, The Exchange thi
After raising their IPO price ranges, both JFrog and Snowflake priced above their refreshed intervals last night. At their final IPO prices, the two debuts are aggressively valued, showing continued
Welcome to Tuesday of TechCrunch Disrupt week. In a few hours, I’m hosting a panel about how startups can reach $100 million in annual recurring revenue (ARR) with the CEOs of Egnyte, GitLab and
American software company Duck Creek has upped the stakes in its impending IPO, raising its price target from a range of $19 to $21 per share to $23 to $25 per share.The bump comes as software and clo
Beijing is listed as the world's "unicorn capital," with a leading number of 93 unicorns, meaning startups valued at 1 billion U.S. dollars or more and not yet listed,
When BigCommerce, the Texas-based Shopify competitor, first announced an IPO price range, the numbers looked a little light.With a range of just $18 to $20 per share, it appeared that the firm was tar
This week has brought with it two tasty pieces of IPO news — Rackspace’s return to the public markets and BigCommerce’s debut will be far more interesting now that we know what a first-dra
Startup stories are often too reductive — an entrepreneur dreams up an idea, snags some co-founders, raises a bit of money, and presto: success and riches.It’s nearly never true. Even breakout s
Fintech startup Revolut just announced that it has raised $80 million as part of its Series D round that it had already announced in February. The new influx of funding comes from TSG Consumer Partner
Uber has reportedly agreed to buy Postmates in an all-stock deal worth $2.65 billion. According to Bloomberg, the deal may be announced on Monday morning.Like other travel- and transportation-related
Intel said on Friday it will invest $253.5 million in Jio Platforms, joining a roster of high-profile investors including Facebook and Silver Lake that have backed India’s top telecom operator in rec
Earlier today, insurtech unicorn Lemonade filed an S-1/A, providing context into how the former startup may price its IPO and what the company may be worth when it begins to trade.According to its new
Investors' confidence in China's securities market has strengthened recently, data from the China Securities Investor Protection Fund Corporation Limited (SIPF) showed
BYD Co., the Chinese auto giant backed by Warren Buffett, is rushing to make China self-sufficient in the production of electric vehicles. On Monday, the firm said in a filing it has secured 800 milli
Niantic, the game developer behind Pokémon GO, has raised $470 million — most recently at a $4 billion valuation — largely on the promise that it can translate the mainstream success of a
U.S.-based drug maker Moderna on Monday said that its coronavirus vaccine candidate showed encouraging results. /Reuters U.S.-based drug maker Moderna on Monday said that its coronavirus vacci