Last fortnight, InMobi was in conversations to raise $250MM for its rapidly growing business Glance, hot on the heels of Roposo filling the void left by TikTok.
Last fortnight, TikTok stepped into a maelstrom of a ratings collapse, being ripped off by a clone and getting uninstalled for being a “Chinese” product.
Last fortnight, MX Player raised a $100MM, adding more firepower to fight in the fast-growing OTT market.
Last fortnight, DailyHunt was in the midst of closing its $30MM+ funding round to take it north of a $500MM valuation.
After disclosing lukewarm earning forecasts, user slowdown and privacy concerns, Facebook created history of the wrong kind by losing $119Bn of market value in one day.