Strava, an app used by runners and cyclists to track their workouts, could triple its valuation with an upcoming fundraise, Bloomberg reports . The company is working with an unnamed advisor to raise as much as $400 million at a valuation of at least $1 billion. Founded over a decade ago in San Francisco, the company was valued at $365 million in 2017, according to financial data firm...
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Samsung’s Peacock Standoff with NBCUniversal Shows Power of TV Makers
As streaming TV becomes the default viewing option for Americans, the makers of streaming devices are taking the place of cable operators as gatekeepers, deciding what streaming services will be available to viewers. Increasingly the gatekeepers include not only Roku and Amazon but smart TV makers such as Samsung. NBCUniversal is learning that the hard way as it battles to get its Peacock...
ByteDance Rival Kuaishou Gets Approval to Raise as Much as $6 Billion in Hong Kong IPO
Chinese Smartphone Xiaomi Unexpectedly Added to U.S. Blacklist
Playtika Prices IPO at $27
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