Saturday, November 14, 2020

Pharmapacks, an e-commerce company focused on health, personal care, and beauty products, raises $250M from Carlyle Group at a valuation of ~$1.1B (Chibuike Oguh/Reuters)

Chibuike Oguh / Reuters:
Pharmapacks, an e-commerce company focused on health, personal care, and beauty products, raises $250M from Carlyle Group at a valuation of ~$1.1B  —  (Reuters) - Private equity firm Carlyle Group Inc said on Thursday it had invested more than $250 million in Pharmapacks …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...