Monday, November 11, 2019

Snapdeal in talks for $100M at valuation of $800M-1.2B

Snapdeal had last raised a large round of fresh capital in February 2016 from investors, including Ontario Teachers Pension Plan, which valued the company at about $6.5 billion. https://ift.tt/2rsCtPB https://ift.tt/eA8V8J
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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...