Monday, July 8, 2019

BookMyShow stake sale at $1B valuation

The transaction involves a complete exit by SAIF Partners, which holds 5.6% stake, and a partial exit by Accel India, said sources, adding that employees are likely to get liquidity with this deal. https://ift.tt/32js3A2 https://ift.tt/eA8V8J
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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...