Secondary Stake Sale
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Meituan Exits Swiggy Stake Amid IPO Hype: Stake Sale Reflects Shifting Investor Landscape
In a recent transaction, Chinese e-commerce giant Meituan has sold over $200 million worth of its stake in Swiggy to a U.S.-based investor, reducing its position as Swiggy prepares for its IPO. Initially investing in Swiggy in 2018 and...
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X Transforms User Experience with AI-Powered ‘Custom Timelines’ and Deprecates Communities
In a massive strategic pivot aimed at reshaping how users discover and engage with content, X has officially launched...
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