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KLARNA LOSSES
Klarna shares crashed 26% after $26 million Q4 loss — here’s what spooked buy now, pay later investorsKlarna shares crashed 26% after $26 million Q4 loss. One year ago, it earned $40 million profit. Revenue hit $1.08 billion — a record high....- Trial opens in Klarna's $8.3-billion lawsuit against GoogleA Swedish court began hearing arguments Monday in a lawsuit brought by Swedish price comparison site Pricerunner, owned by Klarna, against ...
- StubHub prices IPO at $23.50, raises $800 million, valued at $8.6 billion, ahead of NYSE debutStubHub stock: StubHub's IPO is priced at $23.50 per share. The online ticket platform sold 34 million shares. It raised $800 million, valu...
- Swedish fintech Klarna set for hotly anticipated NYSE debut after $1.37 billion IPOKlarna, the Swedish fintech giant, commenced trading on the NYSE after a $1.37 billion IPO, signaling a resurgence in the U.S. IPO market. ...
- Swedish fintech Klarna raises IPO target to $1.37 billionKlarna said in a statement late Tuesday that the share price would be set at $40, valuing the company at over $15 billion. Last week the co...
- Klarna set to price much-awaited US IPO in boost to fintech hopefulsKlarna, the Swedish buy-now, pay-later giant, is set to price its U.S. IPO, aiming to raise up to $1.27 billion. The IPO, priced between $3...
- Klarna IPO: Swedish fintech giant Klarna’s US stock debut to raise $1.27B at $14B valuation as KLAR enters the buy now, pay later warKlarna IPO is making global headlines as the Swedish fintech giant prepares for its big US stock debut. Klarna is aiming to raise $1.27 bil...
- Affirm stock jumps 13% after Q4 earnings beat expectations, fueled by strong demand for buy now, pay laterAffirm stock today: Affirm shares saw a surge after reporting impressive fourth-quarter results. The buy now, pay later firm exceeded expec...
- ‘It’s 100% crap’: Ex-Google exec rejects tech CEOs’ rosy claims that AI will bring a golden age, warns even they aren’t safeA former Google executive warns that AI will trigger widespread job losses within 5 to 15 years, impacting even CEOs. Companies are already...
- Scoop: Cred in talks to raise new funds as valuation slips by over 30% to $4 billionFintech startup Cred is in talks to raise $100–200 million at a reduced valuation of around $4 billion, down from $6.4 billion in 2022. Bac...
- AI is not increasing productivity or leading to job losses, finds a studyA recent study indicates that AI's impact on employee pay and hours has been minimal, despite its rapid adoption. While some companies like...
- SoftBank Group seen booking modest fourth quarter loss as Vision Fund suffersNew venture capital investment concentrated in large established players over the quarter, while investment in earlier stage firms - such a...
- 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...
- Swedish payments major Klarna hits monthly profitability ahead of target as losses shrinkThe January-June operating loss at the privately held (BNPL) fintech, which last made a full-year profit in 2018, was 2.01 billion crowns (...
- SoftBank prepares new round of layoffs at Vision FundThe layoffs, which could be announced in the next two weeks, may impact up to 30% of its staff at the unit, including employees in US, one ...
- SoftBank India head Sumer Juneja gets larger role, to also oversee Europe, Middle EastSoftBank Vision Fund’s managing partner Sumer Juneja and India head has been given the additional responsibility of overseeing Europe, the ...
- Vision Fund slide points to more pain for SoftBank's SonSoftBank has been reliant on its large and liquid stake in e-commerce firm Alibaba Group Holding Ltd for financing. The group has now raise...
- Buffett-backed Nubank to seek IPO valuation of over $55 bn: SourcesIn a recent funding round led by Warren Buffett's Berkshire Hathaway Inc, Nubank was valued at $30 billion. With 40 million clients in Lati...
- 10 things in tech you need to know todayTech enthusiast alert! Here's the tech news you need to know this week.
- European payment provider Klarna eyes Indian shoppers"We don't have immediate plans of expanding into India. But we are always exploring such a possibility of setting up business in a country ...
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