Friday, May 24, 2019

Shopify quietly acquired Handshake, an e-commerce platform for B2B wholesale purchasing, source says for less than $100M; Handshake was last valued at ~$54M (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Shopify quietly acquired Handshake, an e-commerce platform for B2B wholesale purchasing, source says for less than $100M; Handshake was last valued at ~$54M  —  E-commerce platform Shopify has quietly made an acquisition to continue its expansion of the services and products that merchants can sell and purchase through its platform.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...