Saturday, June 15, 2019

SoftBank is leading a $300M investment in Gympass, a fitness app giving employees at 2,000+ companies access to ~47K partner gyms worldwide, at a $1B+ valuation (Fabiola Moura/Bloomberg)

Fabiola Moura / Bloomberg:
SoftBank is leading a $300M investment in Gympass, a fitness app giving employees at 2,000+ companies access to ~47K partner gyms worldwide, at a $1B+ valuation  —  - Brazilian fitness startup makes gym workouts more accessible  — SoftBank wants to build global champions out of Latin America



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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...