Techmeme

Results 51 - 60 of about 1821:

Wall Street Journal:
Sources: SoftBank-backed Chinese truck-hailing platform Manbang seeks to raise $1B+ at a $10B valuation, up from April's $6B+ figure   —  Manbang Group is speaking to U.S.-based mutual funds and late-stage investors as it looks to raise $1 billion  —  Manbang Group, a Chinese truck-hailing platform …
Aug 8, 2018, 1:15 PMIn context
Wall Street Journal:
Sources: Bytedance is raising ~$3B at a valuation of up to $75B ahead of possible Hong Kong IPO this year or next   —  Owner of China's top news-aggregation app could be valued at $75 billion  —  Beijing Bytedance Technology Co. has kicked off an equity-fundraising round that could value …
Aug 8, 2018, 12:45 AMIn context
Marc Vartabedian / Wall Street Journal:
Snap's DAU decline in Q2, partly attributed to Snapchat's redesign, marks the first time it's lost daily users since the company was founded in 2011   —  Report of disappointing growth follows news that Facebook and Twitter are seeing a slowdown  —  Snap Inc. reported its first quarterly decline …
Aug 7, 2018, 5:50 PMIn context
Wall Street Journal:
Sources: Facebook has asked large US banks to share customers' detailed financial info, so it can add financial services features, like showing account balances   —  Facebook has asked large U.S. banks to share detailed financial information about customers as it seeks to boost user engagement
Aug 6, 2018, 10:53 AMIn context
Wall Street Journal:
P2P payments app Zelle, backed by big US banks, says 70%+ of transfers are between pairs of customers who have accounts at the same institution   —  Usage for the bank-backed money-transfer service is up, but most lenders haven't signed on  —  Zelle, the money-transfer service owned …
Aug 6, 2018, 2:55 AMIn context
Wall Street Journal:
Like the first wave of VCs, Bessemer and Venrock, the ultrawealthy are again moving into VC and enticing startups with their networks outside of Silicon Valley   —  Some big names are turning to venture investing as a way to bet on the future, but not necessarily in Silicon Valley
Aug 4, 2018, 2:05 AMIn context
Maureen Farrell / Wall Street Journal:
Video streaming stationary bike maker Peloton raises $550M led by TCV, sources say at a $4.15B valuation, ahead of expected IPO in 2019   —  Company raising $550 million in latest financing as it considers an IPO; investor calls it ‘the Netflix of fitness’  —  Peloton Interactive Inc …
Aug 3, 2018, 12:05 AMIn context
Wall Street Journal:
Sources: Southeast Asian ride-hailing company Grab to announce $1B in new funding on top of its previous $1B round from Toyota   —  Ride-hailing company took over Uber's Southeast Asian business in March, faces deep-pocketed rival in Go-Jek  —  Southeast Asian ride-hailing company Grab Inc …
Aug 1, 2018, 11:05 AMIn context
Maria Armental / Wall Street Journal:
Baidu's video streaming service iQiyi says its Q2 loss more than doubled to ~$316.9M on ~$932.5M revenue and reported 66.2M paid subscribers as of June 30   —  Driving Baidu's growth is artificial intelligence  —  Baidu Inc.'s BIDU -1.68% revenue reached a record $3.93 billion in the June quarter …
Jul 31, 2018, 10:25 PMIn context
Wall Street Journal:
Apple has recently come under fire from several Chinese state media outlets for allegedly failing to effectively counter prohibited content in iMessages   —  The state-controlled media criticism comes amid rising trade tensions with the U.S.  —  BEIJING— Apple Inc. AAPL .32% has come under fire …
Jul 31, 2018, 12:15 PMIn context

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