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Posts Tagged ‘unicorn’

African e-commerce startup Jumia’s shares open at $14.50 in NYSE IPO

Pan-African e-commerce company Jumia listed on the New York Stock Exchange today, with shares beginning trading at $14.50 under ticker symbol JMIA. This comes four weeks after CEO Sacha Poignonnec confirmed the IPO to TechCrunch and Jumia filed SEC documents. With the public offering, Jumia becomes the first startup from Africa to list on a major global ...

Naspers-owned PayU doubles down on India with $70M deal to buy Wibmo

PayU, the Naspers-owned payments company that competes with the likes of PayPal but focuses mainly on emerging markets, has made an acquisition to expand its business in India. It has acquired Wibmo, a startup based out of the US (Cupertino, to exact) that mostly operates in India. PayU is paying $70 million for the startup, ...

Fantasy sports platform Dream11 nets $1 billion valuation following new investment

India has a new unicorn after Dream11, an online fantasy sports service, claimed its valuation has surpassed $1 billion following a new investment. This isn’t your regular unicorn valuation deal. Instead, the company — which hosts cricket, NBA, soccer and other sports contests — crossed the milestone through a secondary sale that reportedly involves the ...

Startups Weekly: US companies raised $30B in Q1 2019

In this week's startups newsletter: What's the deal with A16z? Why is Lyft's stock sinking? And what's ahead for the e-scooter industry? ...

Africa Roundup: Jumia files for IPO, OneFi acquires Amplify, FlexClub expands in Mexico

Less than a decade ago IPOs, acquisitions, and global expansion by African startups were more possibility than reality. March saw all three from the continent’s tech scene. Pan-African e-commerce company Jumia filed for an IPO on the New York Stock Exchange, per SEC documents and confirmation from chief executive Sacha Poignonnec. In an updated filing, ...

Crypto exchange Liquid says it is now valued at over $1 billion following new investment

Crypto has a new unicorn after exchange Liquid announced today it has raised capital from investors at a valuation of more than $1 billion as it goes after expansion opportunities. The company said the capital will be put to work expanding into new markets and offering new services, including — potentially — a platform for ...

Online catering marketplace ezCater gets another $150M at a $1.25B valuation

Lightspeed Venture Partners and GIC have co-led the investment in ezCater only 10 months after its $100 million Series D. ...

Equity Shot: Lyft is public — what does that mean for other IPO-ready unicorns?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. ...