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Wired

China Has an Ecommerce Giant You’ve Never Heard Of

September 9, 2019 Pinduoduo draws shoppers outside China’s big cities with low-priced goods. It trails only Alibaba in number of users, and has a larger market cap than eBay. Its 366 million monthly active users trail only Alibaba, outranking better-known rivals such as JD.com. Last month, Pinduoduo reported that second-quarter revenue had more than doubled … Continued

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PR Newswire

Opendoor Acquires Title and Escrow Company OS National

September 5, 2019 Opendoor, the nation’s fastest-growing online real estate marketplace that’s simplifying the way people buy and sell homes, announced today that it has acquired OS National, LLC (OSN), a national title and escrow company that has been one of Opendoor’s trusted partners since 2016. OSN will join Opendoor as a wholly-owned subsidiary.

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PR Newswire

Opendoor and Redfin Partner to Provide More Options to Home Sellers

July 11, 2019 Opendoor and Redfin, two of the nation’s largest technology-powered real estate companies, today announced home sellers in Phoenix and Atlanta can now request an Opendoor offer through Redfin’s site and mobile apps. By coming together, Opendoor and Redfin are giving homeowners more options for selling their home in a simple and convenient … Continued

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PR Newswire

Haoqipei Secures US $60 Million in Series D Funding to Further Accelerate Growth of its Online B2B Auto Parts Marketplace

June 19, 2019 Business-to-business (B2B) auto parts trading platform Haoqipei today closed US $60 million in Series D financing to continue its rapid growth across China. Access Technology Ventures led the round, adding David Yang to the Haoqipei Board of Directors. Additional participants in the financing included existing investors XVC Venture Capital, Jeneration Capital, DCM … Continued

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The Wall Street Journal

The Future of Housing Rises in Phoenix

June 19, 2019 Armed with loads of cash and the latest in machine learning, investors are reshaping the $26 trillion market for U.S. residential real estate, starting in Phoenix, the petri dish for America’s housing experiments. At the edge of the city’s stucco sprawl, a beige, three-bedroom house with a gravel yard sold last month … Continued

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TechCrunch

Opendoor raises $300M on a $3.8B valuation for its home marketplace

March 20, 2019 Last month, we reported that Opendoor — the startup that is taking on the real estate industry with its own platform for buying up homes and selling them on to interested buyers — filed to raise $200 million on a $3.7 billion valuation. Now, we can confirm that the round has closed, … Continued

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The Economist

Spotify makes its stockmarket debut

April 4, 2018 WHEN Spotify, a music-streaming service, went public on April 3rd, its founder, Daniel Ek, rang no bells on the trading floor of the New York Stock Exchange. Rather than the “pomp and circumstance” of an initial public offering, the Swedish firm, which is widely credited with turning round the fortunes of the … Continued

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The New York Times

Spotify Files to Go Public on the New York Stock Exchange

February 28, 2018 Spotify has already won over the music industry, and listeners worldwide, with an online streaming service that makes millions of songs instantly available. Now, it is ready to test its business model on Wall Street.

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The Real Deal

Opendoor raises $135M from Lennar Corp. and Fifth Wall fund for expansion

January 24, 2018 Funds will help expand Opendoor footprint and “trade-in” partnership with Lennar.  A San Francisco-based startup that helps people sell their old homes and simultaneously moves into new ones is partnering with Miami-based homebuilder Lennar Corp., and amassing real estate funding to more than double its footprint nationwide this year.

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Business Wire

Access Technology Ventures Leads $300 Million Investment Round for Essential Products Inc.

August 9, 2017 NEW YORK–(BUSINESS WIRE)–Access Technology Ventures, the venture capital and growth technology investment arm of privately held industrial group Access Industries, today announced its leading $100 million investment in the $300 million funding of Essential Products Inc., the smartphone maker founded by Andy Rubin, the creator of Android.

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The New York Times

Amazon to Buy Whole Foods for $13.4 Billion

June 16, 2017 Amazon agreed to buy the upscale grocery chain Whole Foods for $13.4 billion, in a deal that will instantly transform the company that pioneered online shopping into a merchant with physical outposts in hundreds of neighborhoods across the country.

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Wall Street Journal

Snapchat Parent Snap Inc. Files for IPO

February 2, 2017 Snap Inc. lifted the veil on its highly anticipated initial public offering, revealing a business that is growing at a torrid clip but that also faces challenges keeping users engaged, attracting new ones—and justifying a valuation that could reach $25 billion.

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The New York Times

While We Weren’t Looking, Snapchat Revolutionized Social Networks

November 30, 2016 Snap Inc., the parent company of the popular photo-messaging and storytelling app Snapchat, is having a productive autumn. A couple of weeks ago, Snap filed confidential documents for a coming stock offering that could value the firm at $30 billion, which would make it one of the largest initial public offerings in … Continued

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Billboard

Back in Black: Spotify UK Revenues Climb on Subscription Growth

October 14, 2016 The U.K. arm of Spotify bounced back into profitability last year, fueled by strong growth in subscription sales. According to the company’s latest set of financial results, which cover the year 2015, total revenues climbed to £187 million ($228 million), up from £159 million ($194 million) the previous year.

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