Here’s what you need to know today in startup and venture news, updated by the ¸½½üÉÏÃÅ News staff throughout the day to keep you in the know.
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Didi IPO Filing Sets $60B Target Valuation
Chinese ride-hailing giant is seeking a valuation of over $60 billion its upcoming Nasdaq debut, according to a new securities filing cited in a CNBC .
The Beijing-based company is looking to raise more than $4 billion in the offering, with an expected share price range of $13 to $14.
, and are among the largest shareholders in the company, which posted $21.6 billion in revenue last year.
— Joanna Glasner
Public offerings
Long-Term Stock Exchange Draws Twilio, Asana:Â The , a Silicon Valley exchange launched with the philosophy of encouraging long-term value creation over short-term gains, will reportedly g: productivity software provider and app-building platform . Both companies are already listed on the New York Stock Exchange and will also maintain listings there.
Fintech
Chile’s Fintual raises $15M:Â , a Chilean startup that offers low-commission accounts for passive investment, reportedly in a funding round led by Latin America-focused venture firm .
— Joanna Glasner
Enterprise software
Edge Delta closes $15M Series A: Seattle-based raised a $15-million Series A round led by and , the former CTO of Splunk. Previous investors, and , also participated in the round.
Edge Delta’s platform allows enterprises to analyze all forms of data in real-time at the source — or on the edge — without having to move it to a centralized warehouse. The company has raised $18 million to date, according to ¸½½üÉÏÃÅ.
— Chris Metinko
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