IPOs & Investment

Klarna is under an investigation after Sweden's financial watchdog said there were concerns of a potential breach of banking secrecy laws over an IT incident in May.

Klarna CEO “nervous” about IPO amid market volatility

September 22, 2021

Klarna chief executive Sebastian Siemiatkowski has said that the buy now pay later (BNPL) lender is likely to wait for the volatile market to settle before going public. “The volatility…

The Hut Group is set to integrate blockchain payment giant Mode’s technology into over 30 of its brands offering Bitcoin cashback rewards.

The Hut Group sees profits boom after last year’s IPO

IPOs & Investment News

THG

September 16, 2021

George Iddenden

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The Hut Group (THG) has announced a 39 per cent increase in EBITDA (Earnings Before Interest, Tax, Depreciation, Amortization) following on from its IPO last year. The tech platform also…

American grocery giant Kroger has unveiled the first US-based customer fulfilment centre developed by Ocado.

Kroger partners with Instacart to launch rapid grocery delivery service in the US

Delivery IPOs & Investment News

Instacart Kroger

September 15, 2021

George Iddenden

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Kroger has announced it is partnering with one of the US’ biggest grocery delivery brands, Instacart, to offer 30 minute delivery for its customers. The Kroger Delivery Now service, will…

Weezy currently has an annual revenue run-rate of around $20 million to $25 million, Bloomberg reported. The startup sells more than 2,000 products including store cupboard items, snacks and alcohol through its urban fulfilment centres and promises to deliver goods in 15 minutes or less.

Weezy ponders selling its last-mile grocery delivery service

Companies IPOs & Investment News

Fancy Getir Gorillas Weezy Zapp

September 15, 2021

George Iddenden

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Weezy is considering selling its on-demand grocery business as the industry considers consolidation. The startup, which was founded in 2019, is currently working alongside investment bank Evercore to explore the…

Viagogo and StubHub's proposed merger has been given the green light by the UK's Competition and Markets Authority regulator (CMA).

Viagogo and StubHub merger given the green light by CMA

IPOs & Investment News

Stubhub Viagogo

September 10, 2021

George Iddenden

Viagogo and StubHub’s proposed merger has been given the green light by the UK’s Competition and Markets Authority regulator (CMA). The deal will see StubHub’s international operations sold off to…

Fruugo has announced it plans to list on the London Stock Exchange (LSE) after seeing strong growth in recent years.

Fruugo announces plans for London IPO

Ecommerce IPOs & Investment News

Fruugo

September 9, 2021

George Iddenden

No Comments

Fruugo has announced it plans to list on the London Stock Exchange (LSE) after seeing strong growth in recent years. The company operates a global-cross border marketplace which uses its…

PayPal has announced it is to acquire Japanese buy now pay later (BNPL) firm Paidy in a deal that could be worth up to $2.7 billion.

PayPal acquires Japanese BNPL firm and eyes Europe expansion

IPOs & Investment News Payment Point of Sale

Argos Clearpay Paypal Square

September 8, 2021

George Iddenden

No Comments

PayPal has announced it is to acquire Japanese buy now pay later (BNPL) firm Paidy in a deal that could be worth up to $2.7 billion. Online shopping levels have…

Allbirds is preparing itself to float the world's first "sustainable" initial public offering (IPO).

Allbirds readies itself for world’s first “sustainable” IPO

Companies IPOs & Investment News

Allbirds

September 3, 2021

George Iddenden

No Comments

Allbirds is preparing itself to float the world’s first “sustainable” initial public offering (IPO). The green footwear brand’s moniker requires the company to make sure it maintains its evironmental, social…

PayPal is set to launch its very own stock trading platform as it seeks to capitalise on a retail trading boom driven by viral events like “meme stocks”.

PayPal expected to launch its own consumer trading platform “Invest at PayPal”

IPOs & Investment Payment

investments Paypal trading

September 2, 2021

Ben Stevens

No Comments

PayPal is set to launch its very own stock trading platform as it seeks to capitalise on a retail trading boom driven by viral events like “meme stocks”. According to…

Amazon-backed electric car manufacturer Rivian announced on Friday it had closed a $2.5 billion funding round led by its existing investors Amazon, Ford Motors and T. Rowe Price.

Amazon-backed electric vehicle company Rivian files for IPO

Companies IPOs & Investment News

Amazon Ford general Motors Rivian Tesla

August 31, 2021

George Iddenden

No Comments

Amazon-backed electric vehicle manufacturer, Rivian, has filed for an initial public offering (IPO), it announced on Friday. Rivian, which was founded in 2009, is seeking a valuation of more than…

IPOs & Investment

Klarna CEO “nervous” about IPO amid market volatility

The Hut Group sees profits boom after last year’s IPO

Kroger partners with Instacart to launch rapid grocery delivery service in the US

Weezy ponders selling its last-mile grocery delivery service

Viagogo and StubHub merger given the green light by CMA

Fruugo announces plans for London IPO

PayPal acquires Japanese BNPL firm and eyes Europe expansion

Allbirds readies itself for world’s first “sustainable” IPO

PayPal expected to launch its own consumer trading platform “Invest at PayPal”

Amazon-backed electric vehicle company Rivian files for IPO

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