Saturday, October 14, 2023

The Microsoft-Activision deal closure shows that tech giants can still grow by getting "vertical mergers" through courts and regulators relatively unscathed (New York Times)

New York Times:
The Microsoft-Activision deal closure shows that tech giants can still grow by getting “vertical mergers” through courts and regulators relatively unscathed  —  With the completion of the blockbuster acquisition, the notion that tech giants can grow through “vertical transactions” remains intact.



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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...