Friday, November 8, 2019

Blackstone takes majority stake in Bumble parent, values firm at about $3 billion

MagicLab Andrey Andreev will sell his stake to Blackstone and be replaced by Bumble's current chief executive Whitney Wolfe Herd https://ift.tt/2CteRg8 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...