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HR tech firm Rippling raises new funding at $16.8 billion valuation, no IPO plans
Reuters· 2026-05-09 17:02AI Processing
Core Insights - Rippling, an HR software startup, raised $450 million in Series G funding, achieving a valuation of $16.8 billion, focusing on global revenue growth over immediate profitability [1][4][5] Funding and Valuation - The funding round included participation from notable investors such as Y Combinator, Elad Gil, Sands Capital, GIC, and Goldman Sachs Growth [2] - The new valuation of $16.8 billion marks an increase from the previous valuation of $13.5 billion in early 2024 [4] Employee Equity and IPO Plans - Rippling plans to repurchase up to $200 million of equity from current and former employees through a tender offer, which may become an annual event [2][3] - The CEO stated that the company does not have immediate plans for an IPO, emphasizing the need for profitability before considering going public [4][6] Business Performance and Strategy - Rippling has surpassed $100 million in annual recurring revenue and serves over 20,000 customers with a suite of more than 20 products [5] - The company is prioritizing growth over profitability, indicating a strategic choice to expand rapidly rather than slow down for immediate profit [6] Legal Challenges - Rippling is involved in ongoing legal disputes with competitor Deel, including allegations of corporate espionage, which have raised questions about competitive practices in the tech industry [7][8]
Hilton Grand Vacations (NYSE:HGV) Earnings Call Presentation
2026-03-31 20:00
HGV Investor Overview M A R C H 2 0 2 6 Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements convey management's expectations as to the future of HGV, and are based on management's beliefs, expectations, assumptions and such plans, estimates, projections and other information available to management at the time ...
Galapagos and Gilead Enter into Binding Agreement to Collaborate on Advancing First in Class T Cell Engager Program for Autoimmune Diseases
Globenewswire· 2026-03-31 05:30
New collaboration structure achieves meaningfully improved financial terms and flexibility for Galapagos Following this transaction, the Company will continue to have a majority of its cash remaining for additional strategic transactions and other capital allocation priorities Opportunity to develop a potential first-in-class & best-in-class T cell engager in autoimmune diseases with gamgertamig Management to host conference call today, March 31, 2026, at 14:00 CET / 8:00 am ET Mechelen, Belgium; March 31, ...
Technip Energies Announces Publication Date for First Quarter of 2026 Financial Results and Conference Call
Globenewswire· 2026-03-31 05:30
Technip Energies Announces Publication Date for First Quarter of 2026 Financial Results and Conference Call Technip Energies (PARIS:TE) will issue its first quarter 2026 financial results on Thursday April 30, 2026, at 07:30 CEST. The Company will host a results conference call on the same day at 13:00 CEST. To participate in the conference call, please use one of the following telephone numbers and dial in approximately 10 minutes prior to the scheduled start time: | FR: | +33 1 70 91 87 04 | | --- | --- | ...
Allbirds is selling for $39 million. It raised nearly 10 times that amount in its IPO.
TechCrunch· 2026-03-31 05:30
In Brief Allbirds, the wool sneaker brand that became a kind of unofficial uniform for the Silicon Valley set, has agreed to sell all of its assets and intellectual property to American Exchange Group for $39 million — which is roughly one-tenth of the $348 million it raised in its 2021 IPO and a fraction of the more than $4 billion valuation it briefly commanded on its first day of trading. The deal still needs shareholder approval and is expected to close in the second quarter, with proceeds distributed t ...
ONWARD Medical Reports Full Year 2025 Financial and Operating Results, Highlighting Strong US Commercial Performance and Major Pipeline Milestones
Globenewswire· 2026-03-31 05:30
THIS PRESS RELEASE CONTAINS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE EUROPEAN MARKET ABUSE REGULATION (596/2014) EINDHOVEN, the Netherlands, March 31, 2026 (GLOBE NEWSWIRE) -- ONWARD Medical N.V. (Euronext: ONWD – US ADR: ONWRY), the leading neurotechnology company pioneering therapies to restore movement, function, and independence in people with spinal cord injuries (SCI) and other movement disabilities, today announces its financial and operating results for the full year 2025: "In 20 ...
TomTom selected by LOCUS to provide high-precision traffic data for location intelligence platform
Globenewswire· 2026-03-31 05:30
We are the mapmaker bringing it all together to build the world's smartest map. We provide location data and technology to drivers, carmakers, businesses and developers. Our application-ready maps, routing, real-time traffic, APIs and SDKs empower the dreamers and doers to move our world forward. AMSTERDAM, The Netherlands, March 31, 2026 (GLOBE NEWSWIRE) -- TomTom (TOM2), the specialist in mapping and location technology, today announced a partnership with LOCUS, a mobility analytics and location intellige ...
六大行营收净利双增,中国银行涨超4%,百亿银行ETF华宝(512800)逆市涨逾1%,机构:增加低波防御仓位
Xin Lang Ji Jin· 2026-03-31 05:29
3月31日,A股走势低迷,截至午盘,沪指跌0.38%,创业板指跌逾2%,银行逆市走强,中国银行涨超 4%,农业银行涨超3%,华夏银行、浦发银行、宁波银行涨超2%,青岛银行、建设银行、邮储银行等10 余股涨逾1%。百亿银行ETF华宝(512800)场内价格涨超1%。 数据来源:沪深交易所等。 ETF费用相关说明:投资者在申购或赎回基金份额时,申购赎回代理机构可按照不超过0.5%的标准收取 佣金,其中包含证券交易所、登记机构等收取的相关费用。联接基金费用相关说明:华宝中证银行ETF 联接基金(A类)申购费率(前收费)为申购金额200万元(含)以上时1000元/笔,100万元(含) ~200万元时0.6%,100万元以下时1%;赎回费率为持有天数7日以下时1.5%,持有天数7日(含)~180 日时0.5%,持有天数180日(含)~1年时0.25%,持有天数1年(含)以上时0%;不收取销售服务费。 华宝中证银行ETF联接基金(C类) 不收取申购费,赎回费率为持有天数7日以下时1.5%,持有天数7日 (含)以上时0%;销售服务费为0.4%。 风险提示:银行ETF被动跟踪中证银行指数,该指数基日为2004.12.31,发 ...
常达控股(01433) - 停牌
2026-03-31 05:28
(於開曼群島註冊成立之有限公司) (股份代號:1433) 停牌 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責,對其 準確性或完整性亦不發表任何聲明,並明確表示概不會就本公告全部或任何部份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CIRTEK HOLDINGS LIMITED 常達控股有限公司 茲提述常達控股有限公司(「本公司」,連同其附屬公司統稱「本集團」)日期為2026年3月 30日的公告(「該公告」),內容有關(其中包括)可能延遲刊發2025年年度業績及董事會 會議延期。除文義另有所指外,本公告所用詞彙與該公告所界定者具有相同涵義。 應本公司之要求,本公司股份已自2026年3月31日上午九時正起於聯交所暫停買賣,以待 刊發有關調查結果的內幕消息及刊發2025年年度業績。 本公司將於適當時候刊發進一步公告,以知會其股東及潛在投資者有關上述事宜之任何 重大進展。 本公司股東及潛在投資者於買賣本公司股份時務請審慎行事。 承董事會命 常達控股有限公司 主席兼執行董事 陳醒明 香港,2026年3月31日 於本公告日期,董事會包括執行董事陳醒明先生、羅妙蘭女士及陳梓峰先生; ...
招银国际:下调长城汽车目标价至19港元 维持“买入”评级
Xin Lang Cai Jing· 2026-03-31 05:24
行情图 招银国际发布研报称,将长城汽车(02333)H股目标价从20港元降至19港元,同时下调A股目标价,二 者均维持"买入"评级。 责任编辑:史丽君 行情图 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 该行维持对长城汽车2026年149万台的总销售预测,但上调魏牌及出口销售预期,预计2026年净利润年 增19%至118亿元人民币(下同)。2025年该公司第四季收入同比增16%至692亿元,创历史新高,较该 行预期高9%。毛利率按季缩窄1.1个百分点至17.3%,较预期高0.2个百分点。毛利率的超预期表现被销 管研费用的增加所抵销。最终,剔除政府补助、增值税返还和俄罗斯报废税返还后的核心净利润为4.07 亿元,符合该行预期。 该公司的归元平台支援一车多动力,零件通用率接近85%。凭借新平台带来的成本优化,2026年魏牌的 至少四款全新车型在定价上将或具竞争力。该行上调 2026 年魏牌销量预期至20万台,较2025年翻番。除了魏牌,该行预期出口,尤其是坦克品牌出口增长(2026 年出口目标为10万台)将提高ASP并支撑毛利 ...