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’...
12 Feb, 2025, 07.31 PM IST
From US listings to 'Ghar Wapsi': Why more tech cos are choosing Indian stock exchanges over US onesIndian tech cos are focusing on reducing operational costs, securing investor exits, and listing on local stock exchanges. Previously favor...
29 Aug, 2024, 01.24 PM IST
India Ahoy! India as a software IPO destinationWhile the likes of FirstCry and CureFit will continue to go public in India, it’s software firms with global customer bases that are now se...
14 May, 2024, 11.24 PM IST
Hot Stocks: Brokerages view on Hindalco, Biocon, Schaeffler India and ZomatoBrokerage firm Nuvama maintained a hold rating on Hindalco, Jefferies downgraded Biocon to underperform, Elara Capital recommended an accum...
21 Feb, 2024, 09.58 AM IST
DoorDash's rising labour costs weigh on Q1 profit outlook, shares fallThe delivery firm, which also reported a wider-than-expected loss for the fourth quarter ended December 31, has increased minimum pay for i...
16 Feb, 2024, 08.33 AM IST
Instacart to lay off 250 employees as slowing ad business counters upbeat Q1 forecastShares of Instacart reversed course to be down about 5% after the bell following Instacart's lower-than-expected fourth-quarter revenue on ...
14 Feb, 2024, 08.35 AM IST
Instacart sees upbeat core profit on higher transaction, ad feesIt expects current-quarter adjusted EBITDA, a key measure of profitability, to be between $165 million and $175 million. Analysts expect $1...
09 Nov, 2023, 12.09 PM IST
Zomato posts maiden quarterly profit; Data Bill introduced in Lok SabhaGurugram-based food delivery platform Zomato reported its first-ever profit in the April-June quarter of FY24, reversing losses of Rs 186 c...
03 Aug, 2023, 07.32 PM IST
DoorDash lifts core profit target for second time on higher ordersDoorDash said it expects gross order value - total value of all app orders and subscription fees - to be between $64.2 billion and $65.2 bi...
03 Aug, 2023, 02.30 PM IST
Uber Q2 Results: Revenue up 72% to $8.34 bnUber, however, is also aiming to scale back hiring and reduce expenses to expand profitability amid macroeconomic uncertainties, with Khosr...
01 Nov, 2022, 04.53 PM IST
Paytm stock: Goldman Sachs answers 5 most-asked questions by investorsThe foreign brokerage said investors it spoke to felt that Paytm’s third quarter results were encouraging in terms of topline performance.
21 Feb, 2022, 11.39 AM IST
Zomato trading at heavy discount to listing price: Should you grab a bite?Kotak Institutional Equities felt the recent sharp correction in Zomato stock offers a buying opportunity.
25 Jan, 2022, 10.01 AM IST
Zomato grossly overvalued but may still go up post listing: Bhavin Shah“Even if I want to believe in the growth story, there are some signs that growth is not coming of late and even profitability has dipped in...
29 Apr, 2021, 02.27 PM IST
Airbnb aims for about $35 billion value in long-awaited IPOThe home-rental platform and some shareholders are offering 51.9 million shares at $44 to $50 apiece, San Francisco-based Airbnb said in a ...
01 Dec, 2020, 09.32 PM IST
Uber sees slowest recovery of ride business in home U.S. market, deliveries more than doubleUber's third-quarter results come just two days after it scored a significant win in its California home market, where voters passed a comp...
06 Nov, 2020, 01.00 PM IST
Vedantu eyes $100 million from Coatue at $600 million valuationNew York-based Coatue is a known technology investor, having backed Uber, Meituan Dianping and DoorDash globally, along with bets on Swiggy...
30 Jun, 2020, 07.57 AM IST