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KLARNA BANK AB
Payments firm Klarna files for $1 billion IPO, targets $15 billion valuationKlarna had net income of $21 million on revenue of $2.81 billion for 2024, compared with net loss of $244 million on revenue of $2.28 billi...- Meesho’s secondary deal; tech VCs line up for consumer brandsPeak XV Partners and Tiger Global are among investors aiming for a stake in ecommerce firm Meesho via secondary deals. More details in a pa...
- SoftBank earnings put Arm IPO plans, startup valuations in focusValuations of Vision Fund investments are challenging to estimate due to the high proportion of unlisted companies in the portfolio, making...
- Silicon Valley startups brace for a summer of painAs the market downturn drags on and investor cash remains hard to come by, more startups will start to run out of money, experts say. Some ...
- ChatGPT’s ‘iPhone moment’ poses a new threat to GoogleIts new plugins could turn it into the web’s switchboard, giving people a new reason to ditch the search giant.
- European tech industry loses $400 billion market value, report saysThe combined value of public and private tech firms in Europe fell to $2.7 trillion, down from $3.1 trillion in late 2021. High interest ra...
- Payments company Bolt scraps $1.5 billion deal to buy crypto firm WyreSan Francisco-based Bolt was last valued at $11 billion after a funding round in January. However, high-flying tech valuations have come un...
- Payments firm Stripe cuts internal valuation by 28% - WSJPayments firm Stripe told employees in an email that its internal share price was about $29, compared with $40 in the previous internal val...
- SoftBank's Masayoshi Son faces shareholders shaken by $34-billion lossBut five years of deploying $142 billion has now resulted in a record 2.1 trillion yen ($15.4 billion) loss for SoftBank in the quarter end...
- India is one of our most important markets: QED cofounder Nigel MorrisAccording to Morris, with positive macroeconomic growth, the mobile revolution, favourable regulatory regime and the abundance of talent, I...
- Cash rules everything around Germany in world that's using cardsIndia and China are both driving hard toward a cashless future, for different reasons. But, none of these novel methods is widely accepted ...
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