Monday, August 2, 2021

Estonian ride hailing startup Bolt, formerly known as Taxify, raises $713M at a ~$4.75B valuation, led by Sequoia, Tekne, and Ghisallo (Ryan Browne/CNBC)

Ryan Browne / CNBC:
Estonian ride hailing startup Bolt, formerly known as Taxify, raises $713M at a ~$4.75B valuation, led by Sequoia, Tekne, and Ghisallo  —  - Estonian ride-hailing start-up Bolt has raised $713 million in fresh funding to push into the rapidly-growing online grocery delivery industry.



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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...