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WeWork Cuts Rents To Keep Clients

PYMNTS

In March, Softbank slashed WeWork’s valuation to $2.9 In August, WeWork said sales were down 20 percent between the first and second quarters, and the company lost 12 percent of its members. Clients across the globe have been offered discounts, at times by as much as 50 percent, FT reported.

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Musings on Markets: Data Update 1 for 2022: It is Moneyball Time!

CFO News Room

A few of these variables are macro variables, but only those that I find useful in corporate finance and valuation, and not easily accessible in public data bases. Rather than replicate that data, my macroeconomic datasets relate to four key variables that I use in corporate finance and valuation.

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China-Based IPOs Raised $11.7 Billion In 2020

PYMNTS

The move came as Treasury Secretary Steven Mnuchin warned that Chinese firms that wanted to be listed on U.S. Prior to the scandal, Luckin had been the first company since the year 2000 to reach a $3 billion valuation within 24 months of listing, according to CNBC. Securities and Exchange Commission (SEC) in August.

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TD Bank Taps Into FinTech For B2B Payments

PYMNTS

In June, the financial institution (FI) announced a collaboration with BizEquity to deploy a company valuation service for small business (SMB) customers of the bank. That partnership allows for SMBs to obtain valuation reports from their TD Bank relationship managers, and made TD Bank the first top-10 U.S.

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Today In Payments Around The World: Oracle Appointed TikTok US 'Technology Provider'; Alibaba Mulls Investment In Grab

PYMNTS

Treasury Secretary Steven Mnuchin’s announcement on television for Oracle’s victorious bid for TikTok's American operations. SoftBank Considers Going Private After Asset Sales, Report Says. California-based Oracle Corp. The statement, which was only two sentences, was issued on Monday (Sept. 14) after U.S.

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TD Bank Customizes Financial Services For Healthcare Industry

PYMNTS

The collaboration followed a previous deal announced with BizEquity that introduced a business valuation service for small business clients interested in selling their firms.

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Stripe Sizzles, Auto Loans Fizzle And Sales Suck The Sizzle Out Of Retail

PYMNTS

You’ve got a Treasury secretary coming in who wants them too, big league. Stripe (and fundraising): It’s not every day, or every month, that a firm’s valuation doubles in one fell swoop. But that is exactly what happened with Stripe, when the firm got a round of funding last month that vaulted the implied valuation to $9 billion.

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