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China-Based IPOs Raised $11.7 Billion In 2020

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The IPO rate for Chinese companies is the highest since Alibaba’s massive market debut in 2014, according to CNBC , citing a new report from Renaissance Capital. The last big Chinese IPO rush occurred in 2014, when 14 companies, including eCommerce titan Alibaba, raised $25.7 and China over trade and security issues.

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SoftBank Reportedly Tapping Into Online Used Car Trend

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Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. Consumers who want to sell their cars via that platform reportedly seek an online price estimate. “If The latest evidence of that comes via Japan-based SoftBank. Used Vehicle Trends.

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Venture Capitalists Wary Of Online Lenders

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With an early string of alternative lenders having a tough go of it, startups looking to raise money are having to show how they will avoid the woes of the online lenders before them. While the stocks increased on good earnings in August, CNBC noted the shares are only valued at a fraction of what they were when they went public in 2014.

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Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO

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2) for DPCM Capital Inc. , Harris said SPACs have gone from 3 percent to 20 percent of the market during the recent rush in cases. There’s a real need for quick, confidential capital and price certainty and for sponsorship in the markets,” he said. Emil Michael filed an S-1 prospectus on Friday (Oct.

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Grocery Startup Missfresh To Close On $500M In Expansion Financing

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Previously, Missfresh has raised $900 million thanks to investors like Jeneration Capital and Genesis Capital. Founded in 2014, Missfresh has more than 1,500 warehouses that serve nearly 25 million customers. The demand for online groceries has become a factor in the U.S.

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FinTech N26 Mulls New Funding Round

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N26 already has raised nearly $800 million in venture capital, Bloomberg reported, including a $100 million round in May 2020. FinTech companies are expected to benefit over the long term from customers’ shift to online banking due to COVID-19. Venture capital investment in Europe’s FinTech industry has surpassed $35.4

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PayPal Working Capital Cites Growth In U.K. Volume

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unit is offering an update on the progress made by PayPal Working Capital. The company revealed Monday (June 19) that it has facilitated more than $500 million (£400 million) in working capital to U.K. small businesses via its financing solution, which launched in 2014. PayPal U.K. Managing Director Mark Brant in a statement. “In

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