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Petco Aims At $4 Billion Valuation In IPO

PYMNTS

Petco will file its initial public offering (IPO) with a valuation of almost $4 billion, according to a registration statement filed with the Securities and Exchange Commission (SEC) Wednesday (Jan. eCommerce was a fast-growing channel for pet-related shopping even before the pandemic, making $12.2 billion.

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Bolt Nets $75 Million In Funding Round For eCommerce Innovation

PYMNTS

The round saw the company's valuation hit over $215 million. Customers don't have to enter a billing address and the mobile experience is no-scroll and above the fold, with a post-checkout registration model letting customers wait until after checkout to sign up for an account. Data from the IBM U.S. billion, the report says.

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Petco Files For IPO As Demand For Pets Surges During Pandemic 

PYMNTS

The number of shares and the pricing have not yet been released. . Pets are anticipated to stay popular, with the number of households with pets going up 4 percent in 2020 alone. New pet owners account for about $4 billion in fresh demand for food and accessories. It could be looking for a $6 billion valuation. .

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Asia Pacific fintech investment sees solid rebound

Future CFO

M&A deals continued at a healthy pace, accounting for $40.7 Late-stage venture valuations more than doubled year-over-year, with global median pre-money valuations for late stage deals rising from $135 million in 2020 to $325 million at the end of H1’21. billion across 3,520 deals, said KPMG recently. After falling to $4.7

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Bigbasket Raises $150M As It Takes On Amazon, Flipkart

PYMNTS

Chinese eCommerce giant Alibaba and South Korean investment firm Mirae-Naver led the round of funding, according to a report by Reuters , citing the company. Alibaba is in a fierce battle with Amazon in all aspects of eCommerce as both expand around the globe. CDC, the U.K.’s billion when it was complete.

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Today In Payments: Proposal Would Allow SMBs To Get Another PPP Loan; Alibaba, JD.com Net $136B In Annual Shopping Event

PYMNTS

billion, better numbers than last year as the companies rebounded from the coronavirus. DoorDash Raising $400M On $16B Valuation. In the new Payments Orchestration Playbook, Gaines discusses how eCommerce marketplaces can ease such frictions and help sellers tailor their payments for a global customer base.

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Enterprise Security Returns To Top Of B2B Investment Mountain

PYMNTS

But Software-as-a-Service emerged as a hot spot, too, with the largest investment round of the week going to a B2B eCommerce SaaS provider. GoExpedi provides companies in the oil and gas drilling industry with a B2B eCommerce platform through which they can procure complex parts and supplies for maintenance, repair and operations (MRO) needs.

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