Wednesday, January 17, 2024

Filing: Kazakhstan-based mobile app provider Kaspi.kz's CEO and other shareholders plan to sell 9M shares for $873M; Kaspi.kz's Super App had 13.5M MAUs in 2023 (Bloomberg)

Bloomberg:
Filing: Kazakhstan-based mobile app provider Kaspi.kz's CEO and other shareholders plan to sell 9M shares for $873M; Kaspi.kz's Super App had 13.5M MAUs in 2023  —  At current prices, the shares would be valued at $873 million, according to the company's filing Tuesday with the US Securities and Exchange Commission.



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...