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Affirm Submits Draft To SEC For IPO

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The number of shares that will be offered and the price range have not been determined, the release stated. The company announced in July that it was considering an IPO , with a potential valuation of $10 billion through a deal with Goldman Sachs. The IPO will take place after the SEC review process is complete. It was valued at $2.9

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Why The Pandemic Is A ‘Black Swan’ That Will Spur Payments M&A

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Despite — or perhaps because of — the pandemic, a number of strategic and financial deals are taking shape. For example, over the summer, integrated payments and eCommerce technology provider Paya merged with FinTech Acquisition Corp. Western Union has been public about its desire for acquisitions. to go public.

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Klarna Valued At $10.65B After $650M Funding Round

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Sweden-based Klarna, which provides the ability to pay for consumer goods with installments at a number of retailers, has seen a boost during the pandemic. billion, a sizable increase from the company's last valuation of $5.5 The investment will value the company at $10.65 billion in 2019.

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Paytm Mall Lodges Net Loss On Surging Revenue

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Paytm Mall, the eCommerce unit of One97 Communications, reported a net loss of ?1,787 Paytm Mall, which launched in April of 2017, has raised $640 million and commands a valuation of $2.23 1,787 crore on total sales of ?774.8 crore in the year ended 31 March 2018.

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Death Knell – Or Big Fizzle – For The High-Growth, Red-Ink IPO?

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Whether WeWork – specifically, the parent company We, though we’ll use the names a bit interchangeably – files to go public at a reduced valuation, delays its IPO or scraps it altogether, there may be some handwriting on the wall. Suddenly, that Goldilocks scenario seems less a guarantee, as economic data hints at recession.

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Survival Mode: Fashion Retailers Slash Prices

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For example, Thinknum , which tracks eCommerce retail, found that in January, Lululemon had 1,060 items on sale. According to Edited , the number of new styles posted by U.S. Saks: 10 percent base discount with selected items at 70 percent off. Even brands that are usually immune to discounting have had to play. In the U.K.,

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Wall Street Woes Take The Retailer’s Eye Off The Customer

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Psychologically, it’s a benchmark of economic health, even if it is divorced from reality. And because it hasn’t thrown corporate valuations into the ditch, hopefully, companies have been able to bring back furloughed workers. The company went public with four stores and a niche eCommerce business.