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Snappy, the New York-based tech platform revolutionizing gifting, today announced it has completed a $70 million Series C funding round, bringing total funding for the company to over $100 million. This latest investment was led by GGV Capital with participation from existing investors 83North, Saban Ventures and Hearst Ventures. The company will use these funds to continue to invest in world class talent and innovation as it expands into additional segments and markets, explores acquisitions and continues to redefine the category.
Snappy completed a $70 million Series C funding round, bringing total funding for the company to over $100 million. (Photo: Business Wire)
Tencent: Tencent Announces 2021 First Quarter Results
1Q2021
Total r
[2]), an increase of 25% over the first quarter of 2020 ( YoY ).
On a non-IFRS basis
, which is intended to reflect core earnings by excluding certain one-time and/or non-cash items:
Operating profit was RMB42.8 billion (USD6.5 billion), an increase of 20% YoY. Operating margin decreased to 32% from 33% last year.
Profit for the period was RMB34.5 billion (USD5.3 billion), an increase of 23% YoY. Net margin remained stable at 26%.
Profit attributable to equity holders of the Company for the quarter was RMB33.1 billion (USD5.0 billion), an increase of 22% YoY.
Basic earnings per share were RMB3.481.
Diluted earnings per share were RMB3.415.
/PRNewswire/ Tencent Holdings Limited ("Tencent" or the "Company", 00700.HK), a leading provider of Internet value added services in China, today announced.
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Online pharmacy firms see massive order surge in second wave
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Synopsis
High caseloads in cities coupled with regional lockdowns, especially in large metros, has pushed consumers to order online than visit offline pharmacies and diagnostic centres
ETtech
Illustration: Rahul Awasthi
Driven by the second wave of the Covid-19 pandemic, India’s online pharmacy sector is once again witnessing a surge in orders for medical devices, personal protective equipment (PPE), health supplements and commonly available drugs.
High caseloads in cities coupled with regional lockdowns, especially in large metros, has pushed consumers to order online than visit offline pharmacies and diagnostic centres.