Missfresh, an online grocery delivery app that saw orders boom during the Covid-19 lockdown, is close to raising $500 million, Bloomberg reported. Backed by social network Tencent and Goldman Sachs, the company has raised $300 million and as much as 1.5 billion yuan ($211 million) in local currency during an ongoing round of funding that has valued the startup at $3 billion, the report said. ...
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The Briefing enterprise media/telecom
Iger’s Disney Fix-It Plan Has Something for Everyone
Bob Iger really should have run for president, as he once considered doing. His political instinct is unmatched, at least among CEOs. On Wednesday, in his first quarterly earnings call since returning to the top job at Disney, Iger offered something for everyone. A return of the dividend! Layoffs! Creative executives get their power back! Traditional TV is still important, Iger reminded...
SpaceX to Conduct Key Engine Test on Mars Rocket on Thursday
Alphabet’s Verily Appoints Biotech Executive As CFO
Francisco Partners Nears $1.7 Billion Deal for Sumo Logic
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