Startup

Trendyol, an eCommerce company backed by Alibaba Group Holding Ltd, is close to raising fresh funding at a $16.5 billion valuation, making it Turkey’s biggest startup. The company is in talks to raise about $1.5 billion from investors including General Atlantic and could complete the deal as soon as next week. SoftBank Group Corp is […]

Bom Kim sold his first venture fresh out of college. Fast forward two decades, and the serial entrepreneur is joining the ranks of the world’s richest with his Coupang Inc listing. Shares of the e-commerce giant, backed by SoftBank Group Corp., surged as they began trading in New York on Thursday. According to the Bloomberg […]