Friday, May 1, 2020

Sources: Bangalore-based education app Byju's is in talks to raise up to $400M at $10B valuation, up from a valuation of $8B in February (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Sources: Bangalore-based education app Byju's is in talks to raise up to $400M at $10B valuation, up from a valuation of $8B in February  —  Byju's, an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak …



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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...