Instacart reportedly slashes internal valuation by 20% to $10B

Grocery delivery platform Instacart started 2022 with a valuation of nearly $40 billion. Now, according to a report by The Information, it may close the year valued at just $10 billion.

Two people reported to be familiar with the situation told The Information that Instacart, which had been slated to launch an initial public offering this year and is now expected to go public next year, has cut its internal valuation to around $10 billion. That would represent a 20% decline off its previous...

https://www.freightwaves.com/news/instacart-reportedly-slashes-internal-valuation-by-20-to-10b

Why we need more data on China; Digital currency risk and valuation

Why we need more data on China; Digital currency risk and valuation

Friday 25 June 2021 – Vol.12 Ed.25.5

Commentary: China’s global financial footprint

By Herbert Poenisch in Beijing

Most statistical data on China’s global financial presence only include residential transactions. China’s offshore activities are not taken into account when looking at the country as a global financial player. In the absence of a Chinese effort to get to grips with their international financial activities, the world...

https://allaboutshipping.co.uk/2021/06/25/why-we-need-more-data-on-china-digital-currency-risk-and-valuation/

Baidu chip unit reported at $2B valuation; China dominates AI, report finds

Baidu Inc. (NASDAQ:BIDU), one of China’s largest multinational technology companies, has completed a fundraising round on its artificial intelligence (AI) chip, Kunlun, that would value the business at $2 billion, a source told Reuters. The round, which generated an undisclosed amount of funding, was led by CITIC Private Equity Funds Management (CPE), and is said to include IDG Capital, Legend Capital and Oriza Hua. 

The Kunlun chip has been praised for its development of autonomous vehicles and...

https://s29755.pcdn.co/news/baidu-chip-unit-reported-at-$2b-valuation;-china-dominates-ai-report-finds

VesselsValue launches Liftboats as part of Offshore offering.

VesselsValue launches Liftboats as part of Offshore offering.

Leading online valuation and data provider, VesselsValue, are thrilled to announce they are now covering Liftboats. 

Commenting on the launch, Robert Day, Head of Offshore – VesselsValue Ltd said:

Since entering the Offshore market in 2016, VesselsValue has launched automated values for around 11,000 Offshore vessels, and with Liftboats representing a key link between Offshore Oil and Gas assets and the Renewables sector, it was the...

https://allaboutshipping.co.uk/2021/02/18/vesselsvalue-launches-liftboats-as-part-of-offshore-offering/

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