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Ahold Delhaize Bolsters Investment In eCommerce

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As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. The company owns the Peapod eCommerce grocery offering in the United States in addition to click-and collect offerings, The Wall Street Journal reported.

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Uber Could Be Valued At $120B In Potential IPO

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According to people with knowledge of the matter, the IPO could happen early in 2019, The Wall Street Journal reported. But, with the recent proposals, the company would have a higher value than Fiat Chrysler Automobiles NV, Ford Motor Company and General Motors put together.

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Payment Co. Nexi’s IPO Raises $2.3B

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The offers also included a capital increase of 700 million euros. Investors in the company include Bain Capital, Clessidra SGR and Advent International, who will all free float 35.6 billion euros, and the proceeds from the capital increase are going toward reducing that. The company’s debt stands at 1.7 billion euros.

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Adyen Shares Start Trading At 67 Percent Above IPO Pricing

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Instead, its shareholders are selling their stock,” CNBC reported. The company won’t receive any proceeds from the IPO, which implies a market capitalization of €7.1 ABN Amro Bank NV , BofA Merrill Lynch and Citigroup were appointed as joint bookrunners. percent of the outstanding shares at €240 apiece.

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Tink Gets Investment From PayPal To Expand

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Reuters , citing the companies, reported proceeds from the investment will be used for Tink to expand its team, develop new products and connect more banks. million in a round that included Insight Venture Partners and the venture capital arms of banks Nordea and ABN Amro Group NV. million investment from PayPal Holdings.

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Five At Five: Even Financial Gets New Funding Round

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Others participating in the funding included companies such as Goldman Sachs , Canaan Partners, F-Prime Capital and Lerer Hippeau and noted individuals, including Jacob Gibson, NerdWallet co-founder, and Jason Owen, senior vp at Credit.com. The agreement is designed to help small businesses grow through easy-to-access capital and financing.

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Rideshare Firm Bolt Begins Food Delivery In Estonia

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Ride-hailing service Bolt , which used to be called Taxify and is an Uber competitor, has started delivering food in Estonia, where the company originated, according to a report by Bloomberg. In Estonia, Bolt Food will deliver from around 80 restaurants in Tallinn, the capital of the Eastern European country.

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