General Business

Elon Musk’s SpaceX valuation $100 billion

SpaceX’s Starship rocket manufacturing facility in Boca Chica, Texas when CEO Elon Musk (third from right) and President Gwynne Shotwell (third from left) toured. Steve Jurvetson on Flickr The evaluation of Elon Musks SpaceX has exceeded $ 100 billion after a stock sale by existing investors announced this week, CNBC has learned. SpaceX has entered […]

Money

Thailand’s Ascend Cash Backed By CP Group Reaches $1.5 Billion Valuation

Tanyapong Thamavaranukupt, Co-President of Ascend Money Courtesy Ascend Money Money go up-supported by Charoen Pokphand groupwho is controlled by Thailand’s richest man Dhanin Chearavanont and his family – said Monday they raised $ 150 million from new and existing investors, bringing the valuation to $ 1.5 billion. In this latest round of financing, US investment […]

Money

Thailand’s fintech startup Ascend Cash lands $150M at a $1.5B valuation – TechCrunch

Money go up, the Thai fintech startup behind TrueMoney, an e-wallet service, announced today that it has raised a $ 150 million Series C round valued at $ 1.5 billion. The Series C round was led by Charoen Pokphand group, a major shareholder in Ascend Money, with the participation of Bow Wave Capital Management and […]

General Business

L Manufacturers spinning off Victoria’s Secret at greater valuation

Shoppers walk past a Victoria’s Secret store in a mall in San Diego, Calif., On April 22, 2021. Bing Guan | Bloomberg | Getty Images L brands said Tuesday it would outsource its Victoria’s Secret brand instead of selling it. The company said it had received interest from several potential buyers, but concluded that splitting […]