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Foreign Startups Receive Fresh Capital From Chinese VCs

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China’s venture capital landscape is undergoing a shuffle,” Shanghai-based Wei Zhou, founder and CEO of XNode, said in an interview with Venture Beat , “which means that startups are scrutinized more rigorously than in the past and fewer domestic candidates pass the screening. As of October 2018, venture investment in China hit $93.8

Capital 129
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Sneaker Marketplace Goat Group Nets $100M For Expansion On $1.75B Valuation

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The round was led by D1 Capital Partners , and values the company at $1.75 Research firm Cowen estimated in July that the luxury sneaker market is worth more than $2 billion in North America and could be worth $30 billion worldwide by 2030, WSJ reported.

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Former Restaurant Execs Seek $230M For SPAC

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Companies and investment firms with a member of our management team in an executive, partner or board role have completed over 100 merger and acquisition, capital markets and private investing transactions since 2010.”. In August, Ruby Tuesday Founder Sandy Beall and Doug Jacob, co-founder of the Washington, D.C.-based

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Goldman Gets Green Light To Operate Bank In South Africa

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As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. The Wall Street banker has had a presence in South African for over 20 years.

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‘Ghost’ Kitchens Take A Bigger Role In Food Delivery

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million in fresh capital, a funding round that comes after one in May that brought it about $7.9 The idea is to capitalize on the trend toward food delivery thanks to the likes of Uber Eats, DoorDash and Deliveroo. According to UBS , the online food market will hit $365 billion globally in 2030, up from about $35 billion last year.

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Saudi Startup Lendo Helps SMBs With Invoices

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The company allows for solutions to some of the biggest problems when it comes to the SMB financing market. Late payments and lack of working capital, [and]/or inadequate cash flows, are the main challenges that [SMBs] face. The startup was founded by Osama AlRaee and Mohammed Jawabri. .

Capital 131
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Goldman Joins South Africa’s Johannesburg Stock Exchange

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As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. The Wall Street banker has had a presence in South African for over 20 years.

Capital 131