Monday, April 18, 2022

Private securities marketplace Forge Global said the prices of startup shares on its platform fell 19.9% in February and March compared to Q4 2021 (Miles Kruppa/Financial Times)

Miles Kruppa / Financial Times:
Private securities marketplace Forge Global said the prices of startup shares on its platform fell 19.9% in February and March compared to Q4 2021  —  Investors in private companies have turned cautious following a boom period of billion-dollar valuations  —  Shares in start-ups are sinking …



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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...