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COUPANG LEADERSHIP CHANGE
UpGrad-Unacademy deal talks fail; Amagi downsizes IPOTalks between edtech companies Unacademy and UpGrad for a potential acquisition have fallen through. This and more in today's ETtech Top 5.- US stock market Santa Claus rally – Wall Street eyes new record as Dow, S&P 500, Nasdaq on the move; gold and silver extended a blistering runThe Dow Jones Industrial Average sat at 48,686.73, down 44.43 points or 0.09%. S&P 500 held at 6,937.95, up 5.90 points or 0.09%. Nasdaq Co...
- Coupang CEO resigns after online retailer hit by massive data breachCoupang’s CEO Park Dae-jun has stepped down after a major data breach, accepting responsibility for the incident. Harold Rogers from the US...
- US Stock Market Top Gainers: Robinhood, AppLovin, Quantumscape lead Wall Street rally as Nasdaq, S&P hit record highsUS stocks surged today, with Nasdaq and S&P 500 hitting record highs while the Dow remained steady. Wall Street saw strong buying in tech, ...
- Freshworks sees growth; Prosus’ Rapido rideNasdaq-listed SaaS company Freshworks reports strong revenue growth in the fourth quarter, reaching $194.6 million. This and more in today’...
- Rajeev Misra steps back at SoftBank to launch new fundRajeev Misra, who has led the SoftBank Vision Fund since 2017 when it raised $100 billion, the largest pool of private capital, is likely t...
- BillDesk cofounder on Prosus deal; pre-IPO boost for PaytmBillDesk, the Indian fintech firm that predates the word 'fintech', will soon be acquired by global tech investor Prosus in a $4.7 billion ...
- Activist Paul Singer builds close to $3 billion stake in SoftBankSinger’s Elliott Management Corp also wants SoftBank to set up a special committee to review the investment process at its venture capital ...
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