article thumbnail

Amazon Seeks 100K Workers For Operations Roles

PYMNTS

As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. It has also directly developed over 600,000 employment positions domestically throughout operations locations and company offices. “We 14) that it is hiring for 100,000 new regular positions across the U.S.

article thumbnail

Petco’s $864 Million IPO Beats Forecasts 

PYMNTS

The San Diego-based pet care chain is pricing its 48 million shares of Class A common stock at $18 each, beating forecasts. Petco is controlled by CVC Capital Partners and Canada Pension Plan Investment Board, which acquired the company in 2015 for $4.6 14), Bloomberg reported. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Autonomous Trucking Co TuSimple Becomes Unicorn With $95M Fundraise

PYMNTS

The money will help the San Diego-based company grow its fleet from 12 vehicles to 50 by June of this year. The money will also go toward helping the company develop partnerships and joint production operations with manufacturers. and a Hong Kong-based investment company called Composite Capital.

San Diego 116
article thumbnail

Bitcoin Daily: Tether Beats Out Bitcoin In Trading Volume; EOS Receives $24M Fine From SEC

PYMNTS

While its market capitalization is more than 30 times smaller than bitcoin, Tether’s volume has consistently exceeded it since early August at about $21 billion per day. “If investors must comply with the securities laws, irrespective of the industry they operate in or the labels they place on the investment products they offer.”.

Bitcoin 141
article thumbnail

Real Estate Startup Bungalow Secures $64M In Funding

PYMNTS

Since its launch, the company has operated in the Bay Area, Los Angeles, New York, San Diego and Seattle. “We founded Bungalow to give early career professionals the ability to live in a beautiful and affordable home, in the neighborhood they want, and with a great community surrounding them.”. markets by the end of 2018.

San Diego 100
article thumbnail

Einride Presses The Pedal On Autonomous Delivery

PYMNTS

Sweden-based Einride , which makes autonomous delivery vehicles, has raised $25 million in fresh capital. Scant information was immediately available from Einride, which appears poised to use that capital to expand internationally and otherwise continue development of its electric Einride Pods.

Houston 116
article thumbnail

Collaboration: The New Competitive Weapon

Gonzobanker

For the most part, these channels are flooding executives with high-level “what” observations and doing nothing to help them make strategic “how” decisions or adopt new operating tactics. As bankers build bonds with peers through collaboration, they open up new opportunities to jointly invest capital in new ventures and strategies.