Technology
Indonesia’s GoTo raises $1.3B+ from the Abu Dhabi Investment Authority, Google, and others ahead of its IPO (Yoolim Lee/Bloomberg)
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Yoolim Lee / Bloomberg:
Indonesia's GoTo raises $1.3B+ from the Abu Dhabi Investment Authority, Google, and others ahead of its IPO — - ADIA, Avanda, Fidelity join investors such as Google, Tencent — Jakarta-based GoTo plans to go public at home and the U.S. — GoTo Group, formed this year by the merger …
Technology
Disney misses Q4 estimates after slower streaming services growth: Disney+ added 2M subscribers to 118M, Hulu added 700K to 39.7M, and ESPN+ added 2.3M to 17.1M (Alex Weprin/Hollywood Reporter)
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Alex Weprin / Hollywood Reporter:
Disney misses Q4 estimates after slower streaming services growth: Disney+ added 2M subscribers to 118M, Hulu added 700K to 39.7M, and ESPN+ added 2.3M to 17.1M — The streaming service now has 118 million subscribers, up only 2 million from last quarter. — Disney posted muted earnings …
Technology
Berlin-based e-commerce logistics startup Hive raises $34M led by Earlybird and Picus at a $157M valuation, bringing its total raised to $44M (Christine Hall/TechCrunch)
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Christine Hall / TechCrunch:
Berlin-based e-commerce logistics startup Hive raises $34M led by Earlybird and Picus at a $157M valuation, bringing its total raised to $44M — Berlin-based Hive announced $34 million in new investment Wednesday as it continues developing its technology that provides direct-to-consumer brands an alternative way to manage operations.