A dozen years ago, Groupon shot to fame popularizing the online group buying format, confidently rejecting a $6 billion acquisition offer from Google and instead going public with a $17.8 billion market cap. The company today says it has 14 million active users, but almost consistently for the last decade, its financial position has been […]
Groupon, which has lost 99.4% of its value since its IPO, names a new CEO… based in Czech Republic by Ingrid Lunden originally published on TechCrunch
Some of the biggest Indian startups are taking a haircut in their valuations as their backers adjust their estimates amid the weakening global economy. BlackRock has cut the valuation of Byju’s, which is India’s most valuable startup at $22 billion, to nearly half at $11.5 billion, according to filings seen by TechCrunch. Indian news outlet […]
US investors slash Byju’s and Swiggy valuation by Manish Singh originally published on TechCrunch