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SHOPEE STOCK RISE
BofA takes a measured view on Meesho’s next phase, starts coverage with 'neutral' rating; stock sheds 5%BofA Securities has initiated coverage on newly listed Meesho with a Neutral rating and a Rs 190 target, citing advertising and logistics a...
Hyperlocal deliveries fuel 300% stock rise for Shopee ownerShopee, owned by Sea Ltd., has experienced a remarkable resurgence in Southeast Asia's e-commerce market, with its stock soaring. This come...
ETtech Exclusive | Snap’s India usage doubled in 2022: Evan Spiegel; Byju’s in funding talks with Apollo Global, Abu Dhabi Fund 10X ADSnap Inc's cofounder & CEO spoke exclusively to ETtech about growth in the Indian market, leadership changes here, and focus on monetisatio...
Tech earnings a mixed bag in Q3: check key highlightsTake a look at some important numbers reported by these new-age companies.
Tech in turmoil as Meta halts hiring; RBI firm on Oct 1 tokenisation deadlineThe tech industry has been swimming in molasses over the past few months after seeing unprecedented growth during the pandemic. Amid an eco...
Should you buy, sell or hold Delhivery after three-fold rise in net loss in Q1?The logistics services provider reported a net loss of Rs 399 crore for the quarter ended June 30, a more than three-fold increase from the...
Delhivery’s net loss more than triples to Rs 399 crore in Q1Challenges in integrating Delhivery's partial truckload business with its acquisition of Spoton and the exit of Singapore-based ecommerce c...
Amazon gets social (again); Razorpay’s $80-100 million secondary share saleThis is the first inorganic bet that Amazon is taking on the social commerce space where sellers use platforms like Whatsapp and Facebook t...
No more Shopee-ing in India!Shopee entered India in November 2021, and started growing at a fairly good pace. While it's tough to compete in the low-end of online reta...
What Indian ecommerce will look like in 2022New kids on the block are challenging dominant ecommerce players and expanding deeper into the country to win over new users and push them ...
Sebi slaps Rs 1.89 cr fine on 21 entities for fraudulent trading in Sarang Chemicals' sharesPenalties levied by the regulator on the entities are in the range of Rs 2 lakh-Rs 20 lakh, for flouting market norms.
Southeast Asia’s most valuable startup Sea raises $884 million in IPOThe games company is backed by Tencent Holdings Ltd. and has benefited from the Chinese company’s support.