Investment management firm Baillie Gifford acquired 11% stake in Chinese electric car manufacturer NIO Inc., which aspires to be a Tesla Inc. rival. The company announced it now owns 85.3 million NIO shares.
Baillie Gifford is the second largest stockholder in Tesla, after the chief executive officer...
Samir Desai, cofounder and chief executive of Funding Circle Holdings Ltd., expressed determination on Monday "to build a better financial world" as the company announced the intention to conduct an initial public offering. "By combining cutting-edge technology with our own proprietary credit...
A group led by Dragoneer Investment Group Llc and General Atlantic Llc supported Slack Technologies Inc. with $427 million in a series H round. The startup said other new participants were T. Rowe Price Associates Inc., Wellington Management, Baillie Gifford and Sands Capital, while that existing...
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