Ari Levy / CNBC:
Digital health company Grand Rounds, which was last valued at $1.34B, is merging with Doctor On Demand, which was last valued at $875M, in an all-stock deal — - Grand Rounds and Doctor On Demand, two venture-backed digital health companies, are merging in a deal that will form a multibillion-dollar entity.
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Tuesday, March 16, 2021
Digital health company Grand Rounds, which was last valued at $1.34B, is merging with Doctor On Demand, which was last valued at $875M, in an all-stock deal (Ari Levy/CNBC)
Olo, a provider of food-ordering software, has raised $450M in an IPO, above its marketed range, giving it a market value of $3.55B ahead of its trading debut (Michael Hytha/Bloomberg)
Michael Hytha / Bloomberg:
Olo, a provider of food-ordering software, has raised $450M in an IPO, above its marketed range, giving it a market value of $3.55B ahead of its trading debut — Olo Inc., the food-ordering software company whose board members include Shake Shack Inc. founder Danny Meyer …
Redmi Note 10 Pro Set to Go on Sale in India Today for the First Time
Facebook's interest in newsletters stems from its shift in product development to focus on private messaging and Groups, not the News Feed (Casey Newton/Platformer)
Casey Newton / Platformer:
Facebook's interest in newsletters stems from its shift in product development to focus on private messaging and Groups, not the News Feed — Hint: it's all about Groups. PLUS: Substack fumbles — Today let's talk about platforms' growing interest in building newsletter tools …
Apple supplier OFilm tells investors it lost 'particular overseas client'
Sensor Tower: if reduced 15% commission was in place in 2020, Apple would have missed out on an estimated $595M or 2.7% and Google $587M or 5% in app store fees (Kif Leswing/CNBC)
Kif Leswing / CNBC:
Sensor Tower: if reduced 15% commission was in place in 2020, Apple would have missed out on an estimated $595M or 2.7% and Google $587M or 5% in app store fees — - Apple and Google have announced changes to app store fees that impact app makers making less than $1 million per year.
Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...