Saturday, May 2, 2020

Norwegian videoconferencing startup Pexip, whose clients include US government and Spotify, seeks ~$200M in IPO this quarter at a post-money valuation of ~$570M (Richard Milne/Financial Times)

Richard Milne / Financial Times:
Norwegian videoconferencing startup Pexip, whose clients include US government and Spotify, seeks ~$200M in IPO this quarter at a post-money valuation of ~$570M  —  Video-conferencing firm's clients include the US government, Amnesty International and Spotify



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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...