👀Oyo Founder Seeks New Investment at $3.8B Valuation Ritesh Agarwal, Oyo’s founder, plans to invest $65.1M into the company through Redsprig Innovation Partners, valuing it at $3.8B – 38% higher than its June valuation of $2.3B but far below its 2019 peak of $10B. This comes as Oyo prepares for a third IPO attempt.
👀Oyo Founder Seeks New Investment at $3.8B Valuation Ritesh Agarwal, Oyo’s founder, plans to invest $65.1M into the company through Redsprig Innovation Partners, valuing it at $3.8B – 38% higher than its June valuation of $2.3B but far below its 2019 peak of $10B. This comes as Oyo prepares for a third IPO attempt.
On December 23rd, 2020, Pavel Durov posted to his channel that the company would need to start generating revenue. In early 2021, he added that any advertising on the platform would not use user data for targeting, and that it would be focused on “large one-to-many channels.” He pledged that ads would be “non-intrusive” and that most users would simply not notice any change. In a statement, the regulator said the search and seizure operation was carried out against seven individuals and one corporate entity at multiple locations in Ahmedabad and Bhavnagar in Gujarat, Neemuch in Madhya Pradesh, Delhi, and Mumbai. READ MORE The War on Fakes channel has repeatedly attempted to push conspiracies that footage from Ukraine is somehow being falsified. One post on the channel from February 24 claimed without evidence that a widely viewed photo of a Ukrainian woman injured in an airstrike in the city of Chuhuiv was doctored and that the woman was seen in a different photo days later without injuries. The post, which has over 600,000 views, also baselessly claimed that the woman's blood was actually makeup or grape juice. The fake Zelenskiy account reached 20,000 followers on Telegram before it was shut down, a remedial action that experts say is all too rare.
from nl
