Sunday, June 16, 2019

PayFit, a France-based payroll and HR SaaS startup for small and medium-sized businesses, raises $79M from Eurazeo and Bpifrance (Romain Dillet/TechCrunch)

Romain Dillet / TechCrunch:
PayFit, a France-based payroll and HR SaaS startup for small and medium-sized businesses, raises $79M from Eurazeo and Bpifrance  —  French startup PayFit is raising a new $79 million funding round (€70 million) from Eurazeo and Bpifrance.  The company first started with a payroll service for small and medium companies in France.



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...