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Google has different rules for itself: Paytm
Paytm said Google Pay is running a similar cricket-themed cashback campaign called Tez Shots which offers rewards up to Rs 1 lakh based on points and a lucky draw.
Zomato will go public by first half of 2021, as Tiger Global, others join financing round
For Zomato, the new round of financing led by US an...
China shares snap rally as experimental vaccines stoke safety concerns
The smaller Shenzhen index ended down 0.91% and the start-up board Chi...
Tinder's CPO Brian Norgard, OLX founder Fabrice Grinda invest in Chingari
Grinda has more than 200 investments in several big firms including Alibaba Group, Airbnb, Beepi, FanDuel, Palantir, and Windeln.
SoftBank gives up pretending it isn't a fund
With the Vision Fund’s $98.6 billion almost fully invested, there’s not much left to be done hunting for unicorns and handing out fat checks. Earnings from the fund, generally based on mark-to-market valuation changes, fell 39% for the period.
ByteDance in talks to invest in edtech firm Lido Learning
A potential investment by ByteDance, the world’s most richly valued startup, will be intriguing, given the pressure it faces globally, and particularly in India, one of its key markets.
Alibaba puts India investment plan on hold amid China tensions: Sources
Alibaba, which has fuelled the growth of several Indian start-ups, will not put in fresh funds to expand its investments in the country for at least six months, the sources said.
Jack Ma is telling China’s startup founders it’s time to go public
Ant will be the largest of that cohort, a potentially $200 billion-plus first-timer that’s likely to dwarf all peers apart from major backer Alibaba Group Holding Ltd. and arch-foe Tencent Holdings Ltd.
TikTok’s former chief to oversee investment at ByteDance
A former SAP SE employee researching education software, Alex Zhu co-founded the lip-syncing app Musical.ly in 2014, which was later acquired by ByteDance for $800 million and merged into the TikTok app.
Jack Ma’s Ant seeks $200 billion value in landmark dual IPO
The crown jewel of the sprawling Alibaba empire, Ant has been accelerating its evolution into an online mall for everything from loans and travel services to food delivery, in a bid to claw back shoppers lost to Tencent Holdings Ltd.
Once-in-a-century Covid crisis is unleashing a new wave of mergers and acquisitions
While deals are fewer at an aggregate level since the beginning of the pandemic, deal activity is in sharp contrast with the contraction in economic activity and sentiment in the Main Street. But a flux like this also unlocks opportunities, value corrections and fire sales.
Jack Ma's Ant Group wins Shanghai OK for launch of giant dual IPO
Backed by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai's STAR Market, in what sources have said could be the world's largest IPO and come as soon as October.
Australia shares track U.S. peers higher; Fed in focus
Australia's tech stocks climbed 2.4%, with buy-now-pay-later firms bouncing. Bellwether Afterpay hit a near two-week high and closed 4% higher.
Rise of another Indian: Akshay Naheta climbs the ladder at SoftBank Corp
The Mumbai-born hotshot executive’s ascent within the technology-to-telecoms conglomerate is likely to get a further boost as he spearheaded the just announced mega sale of SoftBank’s Arm Holdings to US chipmaker Nvidia for $40 billion, among the largest transactions executed in the semiconductor industry.
Gurugram court summons Alibaba Group founder Jack Ma over 'wrongful termination' complaint by ex-employee
An Indian court has summoned Alibaba and its co-founder, Jack Ma, in a case in which a former employee of India says that after objecting to...