Wednesday, January 2, 2019

To fight Swiggy, Zomato in talks with investors for new $500M - $1B financing

Zomato is in discussions with Chinese private equity major Primavera Capital and existing backer Alibaba's payments affiliate, Ant Financial, for the new round besides other investors. http://bit.ly/2F1jj96 https://ift.tt/eA8V8J

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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...