(Bloomberg) -- Full Truck Alliance Co., an Uber-like trucking startup, has raised about $1.6 billion after pricing shares in its U.S. initial public offering at the top of a marketed range, according to people with knowledge of the matter.The company has priced 82.5 million American depositary shares at $19 each, the people said, asking not to be identified as the information is private. Full Truck Alliance had been marketing 82.5 million ADSs at $17 to $19 apiece. One ADS represents 20 ordinary
(Bloomberg) -- In a country where workplaces play an outsized role in people’s lives, Japan is betting that enlisting its largest corporations to roll out Covid-19 vaccines will add fuel to a much-scrutinized inoculation drive.Still grappling with a rollout that’s deployed only enough doses to cover 11% of the population, the Japanese government is allowing its biggest corporate brand names and employers like Toyota Motor Corp., SoftBank Group Corp., and Nomura Holdings Inc. to administer shots
Forto has raised $240 million from investors led by Softbank, the freight technology startup said on Monday, and will invest in expanding its platform for organising trade shipments between China and Europe. The five-year-old Berlin firm offers a single platform for managing the journey of a shipping container from origin to destination - a task long handled with pen, paper and post-it notes, said Forto CEO and co-founder Michael Wax. “A shipment from Shanghai to a warehouse in Berlin should not be more difficult than a payment via Paypal or Stripe today," Wax told Reuters, comparing the digitalisation of logistics with that of consumer payments.