Oyo, one of the larger startups in the SoftBank Group’s portfolio, was struggling to restructure and whittle down loss-making operations even before the pandemic obliterated travel.
TikTok is considering selling its operations in several countries after local govts shut out the app, in fears that sensitive user data was being shared with the Chinese state.
Policybazaar plans to secure about $250 million in a round of financing at a $2 billion-plus valuation before a September 2021 initial public offering.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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