Sources: ByteDance's international revenue grew 60%+ YoY to ~$17B in H1 2024, and overall revenue grew 35% YoY to ~$73B, after growing 40% YoY in H1 2023
The Information :
Chinese robotaxi firm Pony.ai files for a Nasdaq IPO, says its H1 2024 revenue nearly doubled to $24.7M with a net loss of $51.3M, down from $69.4M in H1 2023
I'm Shocked The Stock Symbol Is Free Bloomberg : Self-Driving Startup Pony.ai Said to Plan to Publicly File for US IPO This Week Nickie Louise / Tech Startups : Toyota-backed Chinese self-driving star...
Klarna reports H1 2024 revenue up 27% YoY to ~$1.3B, a ~$66M adjusted profit, up from a ~$44M adjusted loss in H1 2023, and says AI does the work of 700 staff
Klarna Bank AB said revenue jumped 27% in the first half of this year, buoying adjusted profit as the fintech continues to prepare …
Dune Analytics: ~1.7M new digital coins entered circulation in H1 2024, compared with 264K in H1 2023, as the crypto market revival fuels a surge in memecoins
The New York Times reports: — “The recent revival of the crypto market has fueled a surge in memecoins …
How TikTok is trying to fend off a potential US ban via ad campaigns, funding creators' lawsuits, and spending $6M on lobbying in H1 2024, vs. $3.5M in H1 2023
Bloomberg :
How TikTok is trying to fend off a potential US ban via ad campaigns, funding creators' lawsuits, and spending $6M on lobbying in H1 2024, vs. $3.5M in H1 2023
- Lobbying, lawsuits and ad campaign are deployed to fight law — Popular app seeks to avoid US ban over its Chinese ownership X: @jamietarabay X: Jamie Tarabay / @jamietarabay : Backed by its Chinese...
Venture funding to cybersecurity startups grew to $4.4B in Q2 2024, up 144% YoY; funding in H1 2024 was $7.1B, up from $4.7B in H1 2023
Chris Metinko / Crunchbase News :
Venture funding to cybersecurity startups grew to $4.4B in Q2 2024, up 144% YoY; funding in H1 2024 was $7.1B, up from $4.7B in H1 2023
Chris Metinko / Crunchbase News :
Sources: ByteDance's revenue rose 40%+ YoY to $29B in Q2, with markets outside of China accounting for nearly 20% of its total, and H1 2023 revenue hit ~$54B
Cory Weinberg / The Information : X: @natebecker . LinkedIn: Jessica E. Lessin X: Nate Becker / @natebecker : A cool $29 billion scoop this morning from @coryweinberg @JuroOsawa and @jingyanghk: That...
Trump Media & Technology Group SPAC partner DWA's filing shows that Truth Social lost $73M on just $3.7M in net sales from its early 2022 launch through H1 2023
The company that TMTG is planned to merge with, DWAC, broke out the surprising results in a securities filing Monday.