Tradeshift announces funding round; Reed Smith opens Brussels office; and Glencore inks cobalt shipping contract with Tesla in Shanghai
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
US-based supply chain payments group Tradeshift has announced a funding round of $240 million in equity and debt, which it says will "set the company on a direct path to profitability in the near future"
Reed Smith has announced the opening of an office in Brussels with the arrival of five partners
Glencore is negotiating a long-term contract to ship cobalt to Tesla's new electric-vehicle factory in Shanghai
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