Ant Group to raise $34.5b in record-breaking IPO

Based on the pricing, Ant Group is valued at US$313.3 billion. Source link

In Brief: Kenanga Group acquires stake in Malaysia’s Merchantrade

Kenanga Group acquires stake in Malaysia’s Merchantrade The story: Malaysia-based financial group Kenanga Group announced that it has acquired 4.99 per cent equity interest in Merchatrade, a leading e-money player in the country. The acquisition followed...

Qualtrics CEO Ryan Smith is buying majority stake in the Utah Jazz for $1.6B – Startups

The Utah Jazz, an NBA basketball team based in Salt Lake City, announced today that Qualitrics CEO and co-founder Ryan Smith was buying a majority stake in the team along other properties. ESPN is reporting the deal is worth $1.6 billion. Smith can afford it....

Hiring platform Betterplace bags $10m in Jungle Ventures-led series B round

In 2016, the company raised US$970,000 in a seed round from Unitus Seed Fund, followed by a US$3 million series A money from 3one4 Capital. Source link

InVent joins Paronym’s US$6.5M Series B to help it expand its interactive video solution to Thailand

                  Michio Kobayashi, CEO of Paronym Paronym, a Tokyo-headquartered startup that develops and provides an interactive video solution, has closed US$6.5 million in Series B investment round, led by Japan Post Capital and NTT Docomo Ventures....

Revenue-based financing startup GetVantage bags $5m in seed round

It plans to expand into new markets across Southeast Asia starting with Singapore. Source link

Indian wholesale platform Jumbotail bags $11m in series B2 round

It plans to expand its network of partner kiranas under its J24 brand and extend its marketplace to new geographies across India. Source link

Mailman’s new Gmail assistant aims to tame your inbox – Startups

A new startup, Mailman, recently launched an email assistant that helps Gmail users to get better control over their inbox. Unlike many email startups, which require users to switch to a new platform or even adopt a new email address, Mailman works along with...

Venture capital gets less diverse in 2020 – Startups

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. You can subscribe here. First, a big congrats on making it...

Roblox confidentially files to go public

Online gaming service Roblox.Lionel Bonaventure | AFP | Getty ImagesGaming company Roblox announced Monday it confidentially filed with the Securities and Exchange Commission to go public.The company didn't disclose its financial information and how many shares...

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