Chinese electric car maker Xpeng Motors said it has secured about $500 million in its latest fundraising from investors including Aspex, Coatue, Hillhouse Capital and Sequoia Capital China. The company didn’t disclose its valuation. Xpeng’s fundraising comes after some Chinese media outlets last month reported that the startup was considering an initial public offering this year. Investors are...
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Creator Economy google policy
YouTube’s Ad Revenue Falls Again; More U.S. Pressure on TikTok
A continued decline in YouTube ad revenue spells bad news for creators who earn money from the video-sharing site. On Thursday, Alphabet said YouTube’s ad revenue fell nearly 8% to $7.96 billion during the fourth quarter compared with the same period a year earlier. That’s the second straight quarter of decline.
Alphabet Revenue Growth Slowed Again in Q4
Amazon Plans to Close Some Grocery and Convenience Stores
Amazon Sees AWS Slowdown Lasting For Several Quarters
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