Thursday, December 26, 2019

Quikr India's income up 48% to Rs 201.5 cr, Losses decline too

Net revenue from operations rose 75% to Rs 191 crore, while the company's cash balance at the end of the fiscal year stood at Rs 87 crore. https://ift.tt/39eSudj https://ift.tt/eA8V8J

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

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