2 Beaten-Up Stocks to Buy for The January Effect

Published on December 21, 2021

There’s a good chance that some of the beaten-up stocks from 2021 will have a revival of sorts in January and beyond, as investors try to generate alpha from areas...

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Indian e-commerce startup Snapdeal files for IPO

December 21, 2021
Snapdeal filed for an initial public offering on Tuesday, joining a number of firms in India that have tapped the public market this year.The New Delhi-based startup, which counts SoftBank among its backers, said in its draft prospectus that it will issue fresh shares worth $165 million. Some of its existing investors, including SoftBank, Sequoia Capital India and Foxconn, plan to sell as many as

South Africa’s Planet42 gets $30M for its car subscription service, Mexico expansion

December 21, 2021
Planet42, a South Africa-based car subscription company that buys used cars from dealerships and rents to customers via a subscription model, has raised $30 million in equity and debt.The investment — which co-founder and CEO Eerik Oja called a bridge round — is a prequel to a larger Series A round next year. It comprises $6 million equity and $24 million in debt financing. The company raised $2.4