Wednesday, September 18, 2019

Datadog, an app performance monitoring and analytics platform, raises $648M in US IPO, valuing the company at $7.83B, after rejecting Cisco's acquisition offer (Crystal Tse/Bloomberg)

Crystal Tse / Bloomberg:
Datadog, an app performance monitoring and analytics platform, raises $648M in US IPO, valuing the company at $7.83B, after rejecting Cisco's acquisition offer  —  Datadog Inc. raised $648 million in its U.S. initial public offering, pricing its shares above an already increased target range.



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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...