Friday, November 29, 2019

Lightspeed and Sequoia close $1.5 billion share sale from Oyo

The size and return multiple on the exit from Oyo was last seen when Walmart spent $16 billion to buy 77% stake in Flipkart, out of which $14 billion was spent buying shares of existing investors. https://ift.tt/2OvUxBs https://ift.tt/eA8V8J

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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

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