Wednesday, February 24, 2021

Spain-based Wallapop, an online classifieds marketplace for used items and crafts, raises $191M at an $840M valuation led by Korelya Capital (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Spain-based Wallapop, an online classifieds marketplace for used items and crafts, raises $191M at an $840M valuation led by Korelya Capital  —  Through all of the last year's lockdowns, venue closures, and other social distancing measures that governments have enacted and people have followed …



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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...