Sources: Airbnb plans to remove all mainland China listings for homes and experiences by this summer, but will keep a Beijing office focusing on outbound travel
Deirdre Bosa / CNBC :
Tether CTO Paolo Ardoino says the company, which issues the USDT stablecoin, reduced commercial paper to ~30% of its reserves in Q4 2021, down from 44% in Q3
- Tether plans to reduce its holdings of commercial debt in its reserves, Chief Technology Officer Paolo Ardoino told CNBC. Tweets: @dee_bosa Tweets: Deirdre Bosa / @dee_bosa : why is the chief techno...
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2
an ex-Facebook exec — hints at post-IPO ambitions Michelle Cheng / Quartz : Instacart will go public under a new CEO hired from Facebook Tweets: Deirdre Bosa / @dee_bosa : 🚨BREAKING: instacart taps Fi...
Roblox files S-1 for its IPO, reports losses of $206M on $589M in revenue, 31.1M DAU, and 22.2B engaged hours, up 122% YoY, for the first nine months of 2020
here's what we learned from the most recent wave of IPO filings Sarah E. Needleman / Wall Street Journal : Roblox Files IPO Amid Surge in Videogame Spending Alex Wilhelm / TechCrunch : What is Roblox ...
Postmates shuts Mexico City office laying off employees; sources say at least several dozen have been laid off including people across its offices in the US
@sal19 @CNBC https://www.cnbc.com/... Deirdre Bosa / @dee_bosa : Friendly reminder: CEO told @SquawkCNBC a few weeks ago that Postmates has enough capital to get to profitability https://twitter.com/....
Airbnb announces that COO Belinda Johnson will step down from her role in March 2020, but will join the company's board of directors as its ninth member
Deirdre Bosa / CNBC :
SoftBank is $600M+ underwater on its early-2018 Uber investment as the stock hits an all-time low; because of a CFIUS review, it may not get board seats
Ari Levy / CNBC : Tweets: @gerberkawasaki , @mdudas , @hackapreneur , @dee_bosa , and @mattrosoff Tweets: Ross Gerber / @gerberkawasaki : SoftBank is more than $600 million underwater on Uber as stoc...
Amazon reports Q1 “other” category revenue, which mostly covers its ad business, of $2.7B, up 34% YoY, and subscriptions services revenue of $4.3B, up 40% YoY
up from $2.03 billion in Q1 2018. https://ir.aboutamazon.com/... Deirdre Bosa / @dee_bosa : Welcome to the new Amazon —> Less growth, more profit. $AMZN Slowest growth in four years. Big EPS beat. htt...
In a leaked email, Uber's India lead told company executives that Uber India reached an annualized bookings rate of $1.64B in Q3
Deirdre Bosa / CNBC :
Lyft shares its internal market-share numbers for the first time, claims it has 35% of the national ride-sharing market, up from 20% 18 months ago
Deirdre Bosa / CNBC :