KingSwap raises $20M for DeFi project: Singapore-based KingSwap, which describes itself as a regulated DeFi project with a liquidity pool platform with fiat conversions, said Friday that it raised more than $20 million in funding and liquidity support and will go live on Uniswap on Saturday.Louis-based foodtech company, said Thursday that it has closed a $150 million Series D funding round led by Wheatsheaf and GV. Benson Hill lands $150M for foodtech: Benson Hill, a St.For Q3, Apple posted revenue of $64.7 billion up 1 percent from year-ago levels. The company’s daily active users grew by 1 million from last quarter to 187 million users analysts had expected the company to report 195 million daily active users.Īpple shares also fell, after the tech giant reported fourth-quarter earnings that slightly exceeded analyst expectations. Shares of Twitter fell, meanwhile, after the company posted slower-than-expected user growth. The company brought in a total of $96.15 billion in revenue, a 37.4 percent increase from the $69.98 billion it generated in the same period last year.
The company reported third-quarter net income of $11.25 billion, compared with $7.06 billion in the year-ago period.Īmazon also beat expectations, reporting net income of $6.3 billion in the third quarter compared with $2.1 billion in the same quarter last year. Shares of Alphabet surged after the tech giant topped Wall Street estimates with its latest quarterly earnings report. In conjunction with the sale, the company said it would discontinue Endomondo at the end of 2020 but will continue operating the MapMyFitness platform Tech earnings bonanza boosts Alphabet and Amazon, while Apple and Twitter tumbleĪ number of big-name technology companies posted quarterly earnings on Thursday, with a mixed bag of results. MyFitnessPal is currently reported within Under Armour’s Connected Fitness division, which also contains the MapMyFitness and Endomondo platforms. Headquartered in Baltimore, Under Armour is best known as a designer, marketer and distributor of branded athletic performance apparel, footwear and accessories. The sale comes five and a half years after Under Armour acquired the company for $475 million. Under Armour has announced that it will be selling fitness app MyFitnessPal to investment firm Francisco Partners for $345 million.
Subscribe to the Crunchbase Daily Under Armour to sell MyFitnessPal Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.
0 kommentar(er)
