Tesla secures up to $521m loan from Chinese lenders for its vehicle factory


Tesla also amended a separate asset-backed credit agreement, increasing how much it can borrow by as much as $700 million.

Why take rate metric may not be a clean evaluation of Lyft’s profit potential?

It’s not clear how much weight public investors will put on the take rate or bookings, another metric whose value will diminish over time.

KKR co-founders reiterate focus on expansion in Asia

KKR recently bolstered its presence in the Asia-Pacific region by hiring Kate Richdale from Goldman Sachs to lead its strategy and business development there

Airbnb buys HotelTonight, makes further inroads into hotel booking

The acquisition expands the company’s inventory by adding a number of listings from hotels, long viewed as the arch enemy of Airbnb.

Private equity’s gender bias manifests itself in different forms

Several general partners at private equity firms say diversity is one of their priorities, but only 3% have strategies to alter the equation.

GREE affiliate GFR Fund raises $20m for second VC vehicle

GFR Fund II invests in virtual reality, augmented reality, eSports, livestreaming, artificial intelligence, and blockchain.

Omidyar Network spins out fintech-focused Flourish Ventures with $300m in capital

Flourish launches with a global team of 18 professionals and an existing $200-million portfolio across the US and emerging markets.

Thyssenkrupp-Tata Steel JV set to encounter strong opposition in Europe

The two companies last year struck a deal to combine their European steel units to create the continent’s second-largest steelmaker after ArcelorMittal, a move that must be cleared by the European regulators.

Swiss investor Capital Dynamics said to raise $100m Japan-focused fund

The Swiss investor opened its Tokyo office in 2010 after establishing its first Asia presence in Hong Kong in 2007.

SoftBank launches $5b fund to invest in Latin American tech firms

It will be headed by SoftBank COO Marcelo Claure with Japanese conglomerate committing an initial $2B