Thursday, January 6, 2022

Bengaluru-based Dunzo, which operates a hyperlocal delivery service in seven Indian cities, raises $240M led by Reliance Retail at a $775M valuation (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Bengaluru-based Dunzo, which operates a hyperlocal delivery service in seven Indian cities, raises $240M led by Reliance Retail at a $775M valuation  —  Reliance Retail has led a $240 million funding round in Google-backed hyperlocal delivery startup Dunzo as the largest Indian retail chain aggressively expands its offerings.



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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...