Softbank-Backed Oyo Scales Back Planned IPO Amid Tech Headwinds
Oyo Hotels slashed about two-thirds of the shares it planned to sell in an initial public offering, a move by its founders trying to close...
Tag : Airbnb
Airbnb Shares Fall 6% on Soft Outlook
On Wednesday, shares of Airbnb (NASDAQ: ABNB) were down over 6 per cent in pre-market after the company reported its third-quarter results and offered guidance....
B2B Ecommerce Firm Udaan Raises $120 Million Via Convertible Notes
Business-to-business e-commerce major Udaan has raised $120 million in convertible notes and debt from bondholders and shareholders said India’s largest business-to-business e-commerce company amid a...
Tesla Adds Billionaire Airbnb Co-Founder Gebbia to BOD
On 28 September, Tesla Inc and Airbnb Inc co-founder Joseph Gebbia joined the electric vehicle maker. They also planned to have just seven board of...
Adobe to Acquire Figma in $20 Billion Deal
On Thursday, Adobe announced that it would buy collaborative design software company Figma for about $20 billion – that makes it Adobe’s biggest deal to...
Locofy.ai Raises $3 Mn in Pre-Seed Funding
Locofy.ai has raised $3 million in pre-seed funding from investors such as Accel India, January Capital, Golden Gate Ventures and Boldcap, the company announced in...
Zoom Joins Counter-Terrorism Group by US Tech Firms
Zoom has joined a counter-terrorism group by US tech firms, including Meta Platforms and Microsoft. The Global Internet Forum to Counter Terrorism (GIFCT) is an...
Airbnb Soared 115% at Open of Its Trading Debut
Airbnb’s stock soared on Thursday in its highly anticipated public market debut, closing at $144.71 per share, more than double its initial offering of $68...
Thomas Cook India signs deal with Airbnb
Thomas Cook (India) (TCIL), the travel services provider has signed an agreement with Airbnb, the accommodation website. Thomas Cook India said in a BSE filing...