Jane Lanhee Lee
Stories by Jane Lanhee Lee
Delivery app Instacart raises $200m at $17.7b valuation
Instacart said in June that an initial public offering is still on the horizon.
Airbnb approached to merge with a SPAC for public listing, says CEO
Airbnb had been preparing to file to go public as the coronavirus pandemic hit.
Amazon plans at least $100m to retain Zoox talent after $1.3b deal
Amazon announced last month that it had agreed to acquire the Silicon Valley company.
Four SoftBank-backed startups approved for US paycheck loan programme
The Paycheck Protection Programme is meant to shore up employment by providing low-interest loans to firms.
Japanese insurer Sompo to invest $500m in data analytics firm Palantir
Palantir was valued at around $20 billion in its last fundraising round in 2015.
Airbnb’s China domestic bookings data shows signs of rebound
The number of domestic bookings in China for the first half of April were up more than 200% compared with the same period in March.
Airbnb garners new $1b loan on top of $1b bond deal
Airbnb said in September it planned to list its shares in 2020.
Airbnb holds meeting with bankers to extend $1b debt facility
Airbnb told bankers that models show the number of nights booked would recover from the current slump.
Mirae Asset leads Impossible Foods’s latest $500m funding round
Other investors in this round include Khosla Ventures, Horizons Ventures, and Temasek.
SoftBank Vision Fund’s US managing partner Michael Ronen leaves
Ronan had been overseeing companies like Getaround Inc, GM Cruise, Flexport, and Nuro.