China’s Ctrip, the world’s second largest online travel company, is doubling down on India after it announced a deal to increase its ownership of travel company MakeMyTrip to nearly half. Ctrip will boost its ownership of MakeMyTrip, which is listed on the Nasdaq like Ctrip, to 49 percent through an exchange deal that sees Naspers, the…
Uber, the transportation-on-demand behemoth, today filed its much-anticipated updated S-1 today where it announced that it would be pricing its initial public offering at $44-50 per share. Selling 180M common shares, Uber plans to raise between $7.9 billion and $9 billion ahead of its public debut on the NYSE, valuing it at $84 billion — squarely…
In what seems like a historic moment in crypto, New York State Attorney General (NYSAG) office has announced that it is investigating iFinex, the company behind exchange Bitfinex and stablecoin Tether, over an alleged $850 million fraud. Attorney General Letitia James’ office said on Thursday that it is looking how the company (apparently) lost $850 million…
In an age when traditional media channels have lost their power to capture our attention, marketing professionals are forced to adapt. Prime TV airtime is no longer the most desired advertising real estate — now brands are willing to pay millions of dollars for an influencer ad campaign on Instagram. How did we get here and…
If you own an eCommerce website built on WordPress and powered by WooCommerce plugin, then beware of a new, unpatched vulnerability that has been made public and could allow attackers to compromise your online store. A WordPress security company—called “Plugin Vulnerabilities“—that recently gone rogue in order to protest against moderators of the WordPress’s official support…
Amazon took severe price cuts for 24-hour countdown daily deals on three Nespresso Coffee and Espresso Machine bundles. Each bundle includes a coffee and espresso machine that uses Nespresso VertuoPlus coffee capsules, an Aeroccino 3 milk frother, and 10 each of the three best-selling VertuoPlus dark and medium roast coffee capsules (Stormio, Odacio, and Melozio).…
On Thursday, Realme India has announced that it will be opening its first pop-up shop, giving customers the chance to check out and purchase the new Realme 3 Pro before it officially goes on sale. The Realme 3 Pro is set to go on sale in India on April 29 with pre-registrations open now through…
The rumored IPO plans of $4 billion spinning brand Peloton marks the rise of a wave of interactive fitness startups like Mirror, Tonal, Hydrow and At Home 360 that combine a monthly subscription to recorded and/or live video classes with workout hardware. There’s opportunity beyond this initial “Peloton for X” model, however, when you look at…
Carbon, the poster child for 3D printing, has authorized the sale of $300 million in Series E shares, according to a Delaware stock filing uncovered by PitchBook. If Carbon raises the full amount, it could reach a valuation of $2.5 billion. Using its proprietary Digital Light Synthesis technology, the business has brought 3D printing technology…
The never-ending quest to kill Comcast is poised to receive some renewed investment as an ambitious startup readies to secure some new cash. Starry, a Boston-based wireless broadband internet startup, has filed to raise up to $125 million in Series D funding according to a Delaware stock authorization filing uncovered by Pitchbook. If Starry closes…
