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MacKenzie Scott, who sold almost 75% of her Amazon stake, has donated more than Elon Musk, Larry Page and Jeff Bezos combinedMacKenzie Scott has reached an extraordinary milestone as the third-largest philanthropist in history, contributing a staggering $26.4 bill...- New-age stocks take off; Swiggy goes IndianHappy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go public. This and more in today’s ETtech...
- Microdramas boom in a shrinking Hollywood as studios chase a TikTok audienceMicrodramas are reshaping the Hollywood landscape by delivering concise, captivating episodes that resonate with audiences. This innovative...
- Macros weigh on ecommerce sales; District CEO on growth planHappy Monday! Inflation and pricier inputs may take some shine off this year's ecommerce festive sales. This and more in today’s ETtech Mor...
- SK Hynix's record profit misses forecasts; shares slump 10% despite robust AI chip demandThe Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advance...
- Global Market Today: Asian stocks fall on AI jitters, oil extends dropAsian equities dropped as artificial intelligence spending concerns fueled chipmaker selloffs. Crude oil extended its decline, with Brent s...
- Zepto may cut IPO size by 20%; investor bids peg valuation at $3.5-4 billion: sourcesZepto is expected to announce its price band over the next seven to eight days, another person said. Sebi rules require companies to refile...
- BigBasket’s profitability plan; UnifyApps eyes $100 million fundingHappy Wednesday! BigBasket is slashing its operational footprint to stay relevant in the quick commerce race. This and more in today’s ETec...
- Udaan’s structured funding deal; Temasek pares Lenskart stakeHit by debt troubles, Udaan has closed a structured financing deal. This and more in today’s ETtech Top 5.
- Jeff Bezos quit a million-dollar Wall Street job, while ex-wife MacKenzie Scott drove the borrowed Chevy where Amazon's first business plan was writtenJeff Bezos left a lucrative career to pursue an internet commerce idea and wrote Amazon's initial business plan during a five-day road trip...
- Stocks priced for ‘sunshine and rainbows’ now face earnings testWall Street enters the second-quarter earnings season with expectations near record highs, leaving companies with little room for disappoin...
- Flipkart faces sellers' heat; Zetwerk IPO gets Sebi nodA sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more in today's ETtech Top 5.
- ET Prime Special Series: Multibagger or Bankrupt - Part 65: This auto ancillary is making new moves. Separate signal from noiseThis supplier is one of those businesses that grows quietly until it suddenly makes several big decisions at once. In a short span it has s...
- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- Amazon CEO meets Modi; Delhivery investors cash outAmazon CEO Andy Jassy met Prime Minister Narendra Modi as the company outlined its long-term plans for India. This and more in today’s ETte...
- Jio and NSE mega IPOs will test jittery retail investorsIndia anticipates two massive IPOs: the National Stock Exchange and Mukesh Ambani's Jio Platforms. Local investor sentiment is crucial, esp...
- Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.
- L’Oréal adds Innovist to cart; HealthQuad's new fundHappy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s E...
- L’Oréal-Innovist deal: early investors cash in big, founders pocket Rs 800-900 croreL'Oréal announced on Thursday that it would acquire a majority stake in Innovist. While the companies did not disclose financial details, p...
- L’Oréal buys control of Innovist as India beauty battle intensifiesL'Oréal SA is acquiring a majority stake in Indian beauty startup Innovist. This move strengthens L'Oréal's position in India's rapidly exp...
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