Beyond the IPO hype, a reality check for FirstCry’s investors
The company has made its market debut amid worsening business metrics. Separately, Amazon sees a top-level exit at a time when its e-commerce business has been sluggish.
9 August, 2024•8 min
0
9 August, 2024•8 min
0
More in Internet
Internet
AI’s gut punch to the news media business
First came the loss of advertising and distribution power. Now AI has slashed the cost of content—dealing a body blow.
You may also like
Business
Ten business developments for 2026
Who’s going to lead the IPO party, what’s going to drive the market, where are some of the leading businesses headed, and more.
Business
How India’s retail shareholders are being left holding the can
Swiggy and Ola Electric’s plans to return to the public markets soon after big-bang IPOs leave investors with dilution, little prospect of returns and plenty of questions.
Internet
In India’s Lenskart IPO, a success for ADIA
The sovereign wealth fund’s big bet on the Indian eyewear company, Microsoft’s AI win in the Emirates and other updates from the week.