A look at the fall of Indian edtech startup Byju's, leading to US court sanctions, as lenders accuse founder Byju Raveendran of siphoning $533M of a $1.2B loan
A look at the fall of Indian edtech startup Byju's, leading to US court sanctions, as lenders accuse founder Byju Raveendran of siphoning $533M of a $1.2B loan
A profile of Byju's CEO Byju Raveendran, who refuses to take responsibility for the edtech company's implosion and is accused of hiding $533M from US lenders
From Dubai, the enigmatic founder of Byju's recounts how he made his empire — and vows to rebuild it. X: @restofworld , @jeelanireports , @yudhijit , @rinachandran , @restofworld , @violazhouyi , and ...
A US court finds that Byju's and founder Byju Raveendran's brother violated a fiduciary duty to lenders by fraudulently hiding $533M from them
Steven Church / Bloomberg :
Xiaomi reports Q2 revenue up 32% YoY to ~$12.5B, above ~$12.2B est., and a ~$715M net income, above ~$533M est., as its core smartphone business recovers
Bloomberg :
Lenders allege that Indian edtech giant Byju's hid $533M in an obscure three-year-old hedge fund that once said its main place of business was an IHOP in Miami
- New lender suit seeks to recover cash from Camshaft Capital — Hedge fund was founded just three years ago, lenders say
China's market regulator levies a $533M fine on Meituan for violating anti-monopoly regulations, ending a months-long antitrust probe
Coco Liu / Bloomberg :
Coinbase files its S-1, reveals profit of $322M in 2020 on $1.2B in revenue, up from a loss of $30M in 2019 on $533M in revenue
This summary highlights selected information that is presented … Jeff Kauflin / Forbes : Coinbase Cofounders And Investors Poised To Rake In Tens Of Billions From IPO Ian Allison / CoinDesk : Coinbase...
Coinbase files its S-1, reveals profit of $322M in 2020 on $1.2B in revenue, up from a loss of $30M in 2019 on $533M in revenue
The recent Bitcoin bull run helped Coinbase pull in a profit of $322 million on revenues of over $1.2 billion in 2020, putting the cryptocurrency giant …
DoorDash files for IPO, says it had revenue of $1.9B and loss of $149M in the first nine months of 2020, vs. revenue of $587M and loss of $533M a year ago
- DoorDash, the leading food delivery app in the U.S., filed its IPO prospectus with the Securities and Exchange Commission on Friday.