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Airbnb’s Total Booking Value Soars 30 Pct. YoY

PYMNTS

billion in total booking value, a 31 percent boost from the previous year. Sources told The Wall Street Journal that the home rentals company booked 91 million nights on its platform in the quarter. Airbnb’s last raise was in 2017, with participation from Andreessen Horowitz, Sequoia Capital, Greylock Partners and General Atlantic.

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Travel Firm Booking Invests $500M In Didi Chuxing

PYMNTS

Chinese ride-hailing company Didi Chuxing has received $500 million in funding from Booking Holdings. dollars on its balance sheet after it raised $4 billion in new capital late last year. In addition, Didi customers can book hotels through Booking.com and its sister site Agoda.

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Life House Tech-Focused Hotel Brand Closes $30M Fundraise

PYMNTS

Previous investors Global Founders Capital, Comcast Ventures and Trinity Ventures also gave money. Among the fastest-growing hotel brands, Life House has over 800 beds and 25 hotels that are expected to be operational by early next year. . Its website directly garners more than 65 percent of its bookings. .

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Capital One Sees Domestic Card Purchase Volumes Surge 11 Pct

PYMNTS

Amid the spate of financial institutions reporting results that show increased traction in consumer spending — especially across credit cards — add Capital One Financial to the list. He said “there will be a growing front book, which will be the originations that we will do under this new partnership.”. In results posted Tuesday (Jan.

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Bank Brand Value: Calculated!

Jeff For Banks

I ask and ask and ask: what does brand get you? Forbes calculated brand value in their " World's Most Valuable Brands " by taking anything that a company achieves over an 8% return on equity. What if the company is more capital intensive, and has to carry more capital than other companies? i.e. brand.

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Southeastern Grocers Rolls Out IPO

PYMNTS

Southeastern Grocers , the parent company of brands such as Winn-Dixie, HAS unveiled a rollout of an initial public offering (IPO) of 8.9 LLC and BofA Securities are serving as joint lead book-running managers and representatives of the underwriters for the deal. 21) announcement. Goldman Sachs & Co.

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VC Firm Brings Partnership Model To Amazon Sellers

PYMNTS

billion in revenue it booked during the second quarter of 2020. In short, it’s a world where access to capital and legal advice is welcome. In mid-August, the company announced that it will infuse $100 million in capital into the Amazon seller system, along with legal and marketing advice.

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