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Page 179

Deliv reaches Target for acquisition

Same-day goods courier marketplace Deliv, whose backers include Google and Westfield, is expected to close after moving its assets and some staff over to Target.

May 13, 2020

Vroom puts IPO plans in motion

Vroom, the AutoNation-backed used car marketplace that completed a $254m series H round last December, has confidentially filed for an initial public offering scheduled for next month.

May 12, 2020

Conga and Apttus join forces

Salesforce Ventures' documentation software investment Conga is to merge with Apttus in a bid to further extend its product offering following three acquisitions by the business in 2018.

May 12, 2020

Two Vietnamese startups file for bankruptcy

WeFit and Leflair are among the corporate-backed companies that have shut down amid Covid-19 closures.

May 12, 2020

Kingsoft Cloud reigns over $510m IPO

Kingsoft’s cloud services subsidiary priced shares at the middle of the range but upsized the offering to raise $510m, with shares soaring 27% on the first day of trading.

May 11, 2020

Nvidia designs Cumulus acquisition

Two years after Telstra Ventures led a $43m series D round for Cumulus Networks, Nvidia has agreed to purchase the data centre networking technology provider.

May 6, 2020

Cashlez celebrates IPO

The mobile payment terminal supplier booked $5.8m from its IPO and is now lining up an acquisition to expand its business.

May 6, 2020

Intel picks up Moovit for $900m

Intel confirmed its acquisition of Moovit for $900m, following reports over the weekend that the corporate was looking to pay as much as $1bn for the transit app developer.

May 5, 2020

Kingsoft Cloud to claim IPO throne

Kingsoft’s cloud services subsidiary has set its price range for an initial public offering in the US and will raise as much as $450m in proceeds if it floats at the higher end.

May 5, 2020

Intel to make a $1bn move on Moovit

Two years after leading a $50m series D round for the urban mobility app developer, Intel is in the final stages of an acquisition of Moovit priced at approximately $1bn.

May 4, 2020
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