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Petco’s $864 Million IPO Beats Forecasts 

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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. .

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Biotech, Augmented Reality Startups Test Investment Appetite With IPOs

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Zentalis Pharmaceuticals, a biotech group based in San Diego, California, raised about $165 million. The COVID-19 pandemic has wreaked havoc on the stock market, causing 20 firms to postpone IPOs, according to Renaissance Capital. Augmented reality (AR) startup WiMi Hologram Cloud , based in Beijing, raised $26 million.

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Amazon Seeks 100K Workers For Operations Roles

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The six targeted cities – Detroit, Dallas, New York, Denver, San Diego and Phoenix – were to be part of an investment of over $1.4 The news comes as COVID-19 has triggered a jump in Amazon 's sales, with its Q2 results seeing revenues and profits nearly double even as it spent over $9 billion on capital improvement initiatives.

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Queensland picks Cubic to upgrade transit payments

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of San Diego to develop a mass-transit ticketing system that will support contactless payments and real-time rider account information for public transportation in the region surrounding Australia’s capital, Brisbane. The Australian state of Queensland has selected Cubic Corp.

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Alphabet-Backed Healthcare Startup, One Medical, To IPO

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Other investors include Benchmark Capital Partners, which owns 13 percent, and Oak Investment Partners, with 11.4 According to the filing , One Medical has nine locations — Boston, Chicago, Los Angeles, New York, Phoenix, San Diego, the San Francisco Bay Area, Seattle and Washington, D.C.

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DoorDash Dives Into Grocery Delivery Business

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San Francisco, Los Angeles, Orange County, Sacramento, San Diego and California Central Coast customers can order from Smart & Final. A June fundraise put San Francisco-based DoorDash’s market capitalization at about $15 billion , but the company’s rapid growth has come with challenges.

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GrubMarket Raises $25M As It Eyes Potential IPO

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Other new investors include Evolv Ventures, University Growth Fund, Arancia International and CentreGold Capital. Existing investors ACE & Company, GCV Capital, Fusion Fund, Bascom Ventures and others also participated in the investment round. The round of fundraising was led by WI Harper Group and Digital Garage.

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