Published On: Tue, May 5th, 2020

Equity Monday: Intel covets Moovit, dual early theatre rounds, and Uber’s earnings

Good morning and acquire behind to TechCrunch’s Equity Monday, a jumpstart for your week.

Equity had a bustling final few days, so to assistance we locate up: Friday’s part was a lot of fun (Duolingo, Figma, OMERS, and aquafaba), and we also forsaken an Equity Shot on Saturday, digging into a initial vital record gain week.

But this morning we were bustling digging by what’s happened over a final few days, and what’s to come. Here’s a rundown:

  • Silver Lake is following Facebook into Jio, during a aloft price. Facebook’s outrageous gamble on a Indian mobile Internet hulk lifted eyebrows, generally as a understanding could have some engaging net neutrality implications. Silver Lake’s follow-on understanding usually creates Facebook’s investment all a some-more fascinating.
  • Intel wants to buy Moovit.
  • And Uber is pulling out of some Eats markets that cost some-more than they were worth.
  • It’s another outrageous week of earnings. We design to see Shopify, Roku, Uber, Beyond Meat, PayPal, Pinterest, Dropbox, Square, Peloton and Lyft. Each association should yield us with records on how a cut of a startup marketplace is performing.
  • Two appropriation rounds that held a eye: Classplus’s $9 million Series A as edtech booms, and Oxwash’s $1.7 million understanding to make on-demand washing improved for a planet.

We wrapped seeking that’s going to come for companies that were still suppositional businesses before a slowdown. They’re going to vaporize, right?

About the Author