The investment firm boosted exposure in the hot industrial-space category and shifted out of the retail and traditional office space.
U.S.-based companies offering services over the internet, including startups selling software tools and services for artificial intelligence and cybersecurity, as well as e-commerce providers, landed $15.3 billion in funding across 687 financing deals in the fourth quarter of 2020.
The increase was driven by frozen foods, sundries and liquor sales, despite lower frequency of sales world-wide because of restrictions tied to coronavirus pandemic.
Todays Top Supply Chain & Logistics News from WSJ.
Two platforms mainly catering to small businesses are trading at levels reflecting speculation that sales growth will continue at a brisk pace when the pandemic ends.
Logistics payrolls soared in October as inventory restocking after coronavirus lockdowns and strong online sales fueled a hiring surge at distribution and transport companies.
The new hires would add to the e-commerce giants hiring spree this year amid a surge in online shopping during the Covid-19 pandemicundefined.
Results from industrial giants Caterpillar and 3M show demand from commercial customers is on shaky ground as the Covid-19 pandemic continues to disrupt work routines and commerce.