Sunday, April 12, 2020

Oyo's founder borrowed $2B to buy Oyo shares as its valuation soared, with loans personally guaranteed by Masayoshi Son, leading to a messy ordeal amid pandemic (Bloomberg)

Bloomberg:
Oyo's founder borrowed $2B to buy Oyo shares as its valuation soared, with loans personally guaranteed by Masayoshi Son, leading to a messy ordeal amid pandemic  —  - India startup puts thousands of workers on indefinite furlough  — Oyo founder borrowed money to buy more of his company's shares



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Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...