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Tencent scraps plan to invest $150 million in Chinese education firm VIPKid: sources
Tencent has shelved plans to invest about $150 million to lead a fresh fundraising round for a Chinese education firm VIPKid, two people familiar with the matter said, as Beijing moved to tighten oversight of online education platforms......»»
Huawei outlines investment plans in Poland depending on 5G role
Huawei aims to spend 3 billion zlotys ($793 million) in Poland in the next five years, although whether the Chinese firm has a role in the 5G rollout may affect the scale of investment, an official at the group's Polish unit said......»»
IPO News This Week: 8 Firms Seeking $1.6 Billion in New Capital
There are 8 firms planning IPOs for the coming week, including $750+ million offering from a firm that makes IT infrastructure management software and a China-based maker of battery-powered scooters......»»
IPO Preview: Honest Company, Chinese Lifestyle Brand Onion Global, Hydroponic iPower Lead Group
The week of May 3 has several IPOs on the docket spread across sectors like consumer products, fashion, banking, vaccines and hydroponics. Here is a look at this week’s top offerings and details investors should know. read more.....»»
Bright Scholar Education Holdings Stock Is Estimated To Be Possible Value Trap
Related Stocks: BEDU,.....»»
The week in bankruptcies: Solomon Education Group LLC
Seattle area bankruptcy courts recorded one business filing with total debt above $1 million during the week that ended March 26. Year to date through March 26, the court recorded nine Chapter 7 or Chapter 11 business bankruptcy filings, a 40% de.....»»
Indy VC firm High Alpha raises $110M fund
One of the top venture capital firms in the Midwest has reloaded with a new fund to back more early-stage startups. High Alpha, an Indianapolis-based VC firm, announced the close of a new $110 million fund this week. It's High Alpha's third fund.....»»
New venture firm aims to raise up to $100 million
The firm was co-founded by investors Phil Bronner and Phil Herget......»»
In the money Feb. 15: Nearly $153M in deals, plus a new $60M VC fund
Publicly traded companies developing tests and treatments for cancer led capital raises this past week, as 11 Austin-area companies in all reported securing about $152.7 million in deals. Additionally, a venture capital firm investing in heavy industries.....»»
Robinhood raised $1 billion in emergency funds from investors this week as the platform struggles with a surge in trading, NYT report says
Earlier Thursday, the firm also borrowed "several hundred million dollars" from banks as it struggles with the trading frenzy. Robinhood CEO Vlad Tenev said Thursday that the company did not have liquidity issues. Rafael Henrique/SOPA Im.....»»
How a 28-year-old launched a $6 million education consulting firm with just $1,500 in startup capital
Ben Arabov is the son of Jacob Arabo, nicknamed "Jacob the jeweler" for his work adorning the biggest names in hip-hop, including Jay.....»»
Dallas-based global investment firm raises $219 million
Hudson Advisors, New Age Capital and Maverick Ventures all raised millions of dollars this week, public records show......»»
Aclaris aims to raise $96 million through stock offering after shares soar
Aclaris Therapeutics has priced a planned $96 million stock sale, a day after shares of the firm soared to a nearly two-and-a-half-year high. The Wayne biopharmaceutical company's stock shot up more than 220% after it announced positive mid-stag.....»»
Indian HR Firm DarwinBox Raises $15m for Southeast Asia Scale
Human resources tech startup DarwinBox has raised a $15 million Series C funding round, as it aims to scale its platform deeper into the sou.....»»
Germany Blocks China Satellite Buy, Steps Up Corporate Defenses
Last week Germany blocked the sale of a satellite and radar firm to a Chinese state-backed buyer, the latest in a cooling of corporate relations between the two countries. China Aerospace and… The post German.....»»
IPO Outlook: Popular E-commerce Company Wish, Plus Offerings From A Personal Loan Disruptor And A Biotech Firm
After the huge IPOs from AirBnB Inc (NASDAQ: ABNB) and DoorDash Inc (NYSE: DASH) last week, the week of December 13 takes a slight breather with only three IPOs scheduled and one potential blockbuster. read more.....»»
Was The Smart Money Right About Bright Scholar Education Holdings Limited (BEDU)?
Hedge funds don’t get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they.....»»
Chinese consulting firm Global Internet of People files for IPO
Chinese consulting firm Global Internet Of People Inc. filed for an initial public offering on Monday, with plans to offer 4.2 million shares priced at $5 each, according to a regulatory filing. The company has applied to list on Nasdaq, under the .....»»
Mortgage bailout swells to 4.1 million borrowers, but demand is slowing
In the past week, 225,000 more borrowers took advantage of government and bank mortgage forbearance programs, according to data firm Black Knight......»»
CME aims to reopen Chicago trading floor
The number of new in New York declined slightly last week, but the number of people receiving benefits now tops 1.76 million. About 195,000 people filed for benefits in the week ended May 2, down... To view the full story, click the title link......»»