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PELOTON MARKET VALUE
Whoop raises $575 million at a $10 billion valuation on its way to an IPOWhoop, the maker of popular screenless fitness bands, is now valued at $10.1 billion after raising an additional $575 million, a new milest...- Amazon-backed Tonal cuts 35% of its workforceAccording to CNBC, Tonal employs about 750 people and counts Amazon and Tennis star Serena Williams as its major investors.
- Losing sleep over market crash? Shankar Sharma's 80-20 rule may help you surviveAs the carnage grows deeper in the broader market, Dalal Street is now full of pessimism. Amid heavy FII outflows, retail and other domesti...
- Direct-to-consumer companies hit severely in USBrands like Warby Parker, Stitch Fix, FIGS Inc, and Allbirds Inc. pioneered a new type of retail by retailing "direct to consumer" – on the...
- Wall Street ends lower as Meta Platforms weighsAmazon.com Inc rose 0.2% after expanding its market capitalization by around $190 billion on Friday on the back of blowout earnings.
- Amazon is exploring offer for Peloton, source says; report says Nike also weighing bidMeanwhile, the Financial Times reported late on Friday that sportswear company Nike Inc is also evaluating a bid for Peloton.
- Was waiting for bear markets, Zomato's CEO tells employees as stock crashes“There is an important lesson here for all of us which I want to reiterate – we cannot control the market’s sentiments or the macro economi...
- Buffering, the market reassesses startupsAs dollars swirl out of pandemic play and into beaten down sectors like energy, which is fuelling inflationary concerns in the US, Dalal St...
- Netflix, Peloton latest among market's pandemic stars to lose shineNetflix shares fell as much as 23% on Friday, the biggest drop since October 2014, while Peloton shares climbed 17% on the Nasdaq, reversin...
- Peloton loses $2.5 billion in market value after report on production pauseShares in the exercise bike maker, once a pandemic darling, closed down 24% at about $24, wiping off nearly $2.5 billion in market value.
- Parag Agrawal of Twitter, Zoom’s Eric Yuan & other CEOs will transform businesses & innovations in 2022Some executives took on prominent new CEO positions this year that are worth watching.
- Amplitude valued at $5 billion after shares jump in Nasdaq debutAmplitude, which confidentially filed for a direct listing in July, was valued at $4 billion after raising $150 million from Sequoia Capita...
- Bitcoin heads for worst weekly slide in a year amid risk selloffHeavy selling in the Grayscale Bitcoin Trust, the world’s largest such fund, as well as the expiry of Bitcoin options are also contributing...
- Private, online and hi-tech: The coronavirus economyAs hundreds of millions of people worldwide are forced to stay in their homes and not travel abroad, the businesses that are helping them t...
- Tech lifestyles enable 'safe escape' from coronavirusThe latest tech-inspired lifestyle solutions are gaining traction as more people are advised to work from home, and many conferences and ga...
- Billionaire families reshape Silicon Valley’s venture terrainOver 70% of billionaire families in Asia are investing in venture, which is higher than what's being seen in the U.S. and Europe, where tha...
- WeWork fiasco, Peloton flop endanger Unicorns hoping for big IPOsFitness startup Peloton Interactive Inc. fell 11% below its IPO price on its first day of trading Thursday and extended declines by 2% on F...
- Cycling startup Peloton files for IPO as sales, losses surgePeloton acknowledges that it operates in a young, brutally competitive market in the part of its IPO prospectus where it details the risks ...
- Cycling startup Peloton confidentially files for US IPOIt raised $550 million in a funding round last year led by venture capital firm TCV that valued that company at $4.15 billion.
- Here's how much Lance Armstrong made on early Uber investmentAn investment in a venture capital fund that bought into Uber has proved to be a lifeline for the disgraced cyclist.
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