valuation
German ‘insurtech’ Wefox raises $650 mln at valuation of $3 bln
Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called “insurtech” company that valued the business at $3 billion. The funding means Berlin-based Wefox has grown in value threefold since tapping investors in 2019. The move follows big raises by local …
The Technology Behind Bitcoin’s $1T Valuation And Its Application Beyond Cryptocurrency
internet security and data protection concept, cybersecurity getty Now a trillion-dollar asset, bitcoin is paramount to cryptocurrency culture after its 60% hike this month, surpassing any traditional asset in this record-breaking milestone. Since its introduction to the financial market in 2009, this first-of-its-kind cryptocurrency has been marked by high volatility and price fluctuations. Being a “highly speculative …
Maxeon Solar Technologies Announces the Commencement of the Note Valuation Period for its 6.50% Green Convertible Senior Notes due 2025
SINGAPORE, Sept. 8, 2020 /PRNewswire/ — Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) (Maxeon) today announced that the note valuation period for its outstanding 6.50% green convertible senior notes due 2025 (the “Notes”) will commence on September 9, 2020, and is expected to end at the close of business on September 29, 2020. As previously announced, Maxeon’s ordinary …
3 Technology Stocks Selling At Attractive Valuation Levels
getty getty Big technology companies are powering stocks higher on Wall Street this week, adding to the market’s gains after a three-week winning streak. Gains by technology and communication stocks and companies that rely on consumer spending are driving the increase. This week’s rally drove the technology-heavy Nasdaq composite to an all-time high. Technology and …
WeWork is slashing its IPO valuation to less than $25 billion
Signage is seen at the entrance of the WeWork offices on Broad Street in New York. David ‘Dee’ Delgado | Bloomberg | Getty Images The valuation targets for controversial real estate company WeWork are being dramatically lowered and the real estate company will not go public next week, sources told CNBC’s David Faber. Even at …
Rs 5,800 cr Medanta-Manipal deal falls through as sides disagree over valuation
The Rs 5,800 crore Manipal-Medanta deal has fallen through, according to multiple sources who confirmed the two sides could not agree on the valuation. Both sides are yet to respond to queries from BusinessToday.In though in a quick phone call Medanta’s founder Chairman Dr Naresh Trehan said: “I have never said that the deal was …
Omada Health raises $73 million at $600 million valuation
Omada Health CEO Sean Duffy. Omada Health started almost a decade ago to help people at risk of diabetes — about one in three Americans — avoid getting the full-blown disease. Unlike traditional health-care providers, the company only gets paid when its tools are effective, like when patients lose weight or show improvements in their …
