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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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...