Tag
#old-topic-equities
96 articles
Twitter Sells MoPub To AppLovin For $ 1.05B
MoPub was purchased by Twitter for $350 million in 2013 and will be sold for $1.05 billion in cash. According to Twitter, MoPub helped the business generate $188 million in revenue last year. Twitter had previously stated that it wanted to double its yearly revenue by 2023.
07 Oct 2021
Meesho, The Social Commerce Company Raises $ 570m
Meesho's valuation has more than doubled in less than six months to $ 4.9 billion, as a rising number of high-profile investors back the Indian social commerce business, which is growing rapidly despite the pandemic.
01 Oct 2021
Pinterest, Worth Buying?
Founded in March 2010 by Ben Silbermann, Evan Sharp, and Paul Sciarra, Pinterest has grown to become what it describes as “the world’s catalog of ideas.” As of June 2021, the platform had over 454 million users worldwide.
19 Sept 2021
Yandex Takes Over Uber's Stake
Yandex took over Uber's stake in its self-driving group and its interests in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. It spent $ 1B on it and gave the Russian company 100% ownership over these four business segments.
08 Sept 2021
Warby Parker's Direct Listing
Its net revenue grew to $ 394m in the most recent fiscal year yet its net loss widened to $ 56m. For comparison, its sales stood at $ 273m in 2018 and $ 273m in 2019 while its net loss reached $ 22.9m in 2018 and it broke even in 2019.
27 Aug 2021
Upwork, The Work Enabler
Upwork is the first online marketplace with over $100 million in United States staffing revenue, thereby ranking it among the top United States (US) staffing and talent engagement firms.
22 Aug 2021
Roblox Acquires Guilded
Roblox announced Monday that it acquired Guilded, a company building a chat platform for gamers. While Discord has grown beyond the competitive gaming world, Guilded has stayed focussed on it and added features such as events planning and calendars.
19 Aug 2021
SoFi Plunges, A Buying Opportunity?
SoFi Technologies reported a net loss of $ 165m, down from last year's profit of $ 7.8m. However, adjusted net revenue grew 74% year over year as member growth accelerated to 113%.
16 Aug 2021
Naked Raises Fresh Cash From Naspers
South African insurtech startup, Naked, has raised $ 11m from Naspers. The platform was founded in 2018 by Alex Thomson, Sumarie Greybe and Ernest North.
10 Aug 2021
Wise, Previously TransferWise, Goes Public In London
Wise, formerly known as TransferWise, is going public. The money transfer company has decided to list directly on the London Stock Exchange.
11 Jul 2021
Zipline Raises $ 250m At A $ 2.75B Valuation
Zipline is vertically integrated, which means it designs and manufactures the unmanned drones, logistics software and the accompanying launch and landing system.
11 Jul 2021
WeFox Is Raising Funds And Sprinklr Goes Public
WeFox, an insurance technology player based in Germany, raised $650m at a $ 3B valuation. As Lemonade is doing, it seeks to “[tackle] that $5.2 trillion industry that has been stuck in the pre-internet era”.
30 Jun 2021
Earnings Season Is ON
Offline, value and banking stocks are having their moment in the sun as strong earnings and investor optimism about the re-opening are lifting stocks. However, richly valued tech stocks still fail to reach higher and remain pressured.
30 Jun 2021
Pinterest Earnings Review
Pinterest is a fast-growing company that managed to take advantage of the pandemic and saw its sales increase dramatically. However, a large share of Pinterest’s stock price growth was driven by expanding multiples
30 Jun 2021
Peloton Goes Corporate
Peloton announced the launch of a corporate wellness program on Tuesday. Businesses that sign up will be able to offer subsidized access to the Peloton digital fitness membership and its high-end cycles and treadmills for employees.
30 Jun 2021
Buy The Dip Or Wait?
It may be tempting to buy stocks when these start falling. Investors may feel that a stock pulling back represents a “once in a year” opportunity. However, we believe that investors should be very cautious about this strategy.
30 Jun 2021
FinTech And InsurTech. Worth Considering?
In the long run, could they turn the insurance industry into a less expensive and more pleasant one?
30 Jun 2021
Bandwidth, Under The Radar For Now
Bandwidth is a Communications Platform as a Service (CPaaS) that capitalised on the introduction of fibre optic networks back in 1999
30 Jun 2021
Roblox, Gaming (R)evolution?
Roblox, an online game platform and game creation system that allows users to program and play games created by other users.
30 Jun 2021
Streaming Wars With FuboTV
FuboTV is a streaming television service with a focus on sports, currently competing with conventional over-the-top (OTT) live TV streaming services.
30 Jun 2021
