Established in 2015, Ninjacart has raised $377 million (about Rs 3,100 crore) from investors such as Tiger Global Management LLC, Accel and Infosys co-founder Nandan Nilekani. In its latest funding round, it secured about $145 million (Rs 1,200 crore) from Flipkart and Walmart, reaching a valuation of $815 million (Rs 6,780 crore). Flexible office spaces continue to gain ground with occupiers as they focus on building operational efficiencies through a distributed work model.
Starry Group (NYSE:STRY – Get Rating) was downgraded by Citigroup from a “neutral” rating to a “sell” rating in a report released on Monday, The Fly reports. Several other equities analysts also recently weighed in on STRY. The Goldman Sachs Group decreased their target price on Starry Group from $8.00 to $4.00 and set a […]
Weave Communications, Inc. (NYSE:WEAV – Get Rating) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totalling 917,000 shares, a decrease of 22.9% from the April 30th total of 1,190,000 shares. Currently, 2.8% of the shares of the stock are sold short. Based on […]
Equities analysts expect Weave Communications, Inc. (NYSE:WEAV – Get Rating) to announce ($0.17) earnings per share for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Weave Communications’ earnings, with the lowest EPS estimate coming in at ($0.17) and the highest estimate coming in at ($0.16). The firm is expected […]
Weave Communications, Inc. (NYSE:WEAV – Get Rating) major shareholder Tiger Global Management Llc sold 62,840 shares of the firm’s stock in a transaction that occurred on Wednesday, May 11th. The stock was sold at an average price of $4.38, for a total transaction of $275,239.20. Following the completion of the transaction, the insider now directly […]