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Sources: Cloud Village, the music streaming arm of Chinese gaming giant NetEase, raises ~$422M in a Hong Kong IPO, pricing shares at HK$205, or ~$26.3
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Sources: Alibaba is delegating more responsibility to presidents of its business units to shed its monolithic image in the wake of China's regulatory
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Paytm reports revenue of $144.8M, up 64% YoY, and a net loss of $63M, up 8%+ YoY, for the quarter that ended in September, in its first post-IPO earni
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Gartner: global chip makers are projected to spend $146B this year, about 50% higher than before the pandemic and double the amount five years ago (Ji
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Kazakhstan plans to ration power over winter to 50 registered crypto miners as illegal miners and mass relocations from China cause blackouts across t
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Paris asks scooter sharing services to restrict speed to 10km/h
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Romain Dillet
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Apple’s mixed reality headset may be a standalone device
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Darrell Etherington
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Italy fines Apple and Google for ‘aggressive’ data practices
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Natasha Lomas
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Our Black Friday discounts end soon — grab your $20 pass to TC Sessions: Space
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Alexandra Ames
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Source: WhatsApp has almost 20M users in India using its payment services and received regulatory approval to double the number to 40M (Aditya Kalra/R
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Italy fines Apple and Google €10M each for "aggressive" data practices and not providing users with clear enough information on commercial uses of the
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Chinese e-commerce company Pinduoduo reports $3.3B in Q3 revenue, up 51% YoY, vs. $4.1B est., and 741.5M MAUs, up 15% YoY; stock is down 18%+ (Reuters
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IoT data collector Samsara’s IPO will be fun to watch
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Alex Wilhelm
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Jefa raises $2 million for its challenger bank for women in LATAM
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Romain Dillet
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Flowrite is an AI writing productivity tool that wants to help you hit inbox zero
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Natasha Lomas
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China says it is considering setting up a digital asset exchange in Beijing and calls for faster trials of the digital yuan (Bloomberg)
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Klarna posts a pre-tax loss of $344M from January to September, up 4x YoY, and says it's entered nine markets since the start of 2020 and now has 90M+
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Meituan reports fourth consecutive quarterly loss of $1.57B in Q3 on revenue of $7.6B; its core food delivery business posted revenue of $4.14B, up 28
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Google agrees that its Privacy Sandbox APIs will be "designed, developed, and implemented with regulatory oversight and input" from UK's CMA and ICO (
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Google agrees with UK’s CMA to deeper oversight of Privacy Sandbox
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Natasha Lomas
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