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Deflated Tom Group Mired In Losses 23 Years After Splashy Debut - Alibaba Gr Holding (NYSE:BABA), Alphabet (NASDAQ:GOOG) - Vimarsana News

Deflated Tom Group Mired In Losses 23 Years After Splashy Debut - Alibaba Gr Holding (NYSE:BABA), Alphabet (NASDAQ:GOOG)

Key Takeaways: •     Tom Group returned to the red in the first half of this year, after posting its first annual profit last year since 2018 •     The company earns most of its revenue from a Taiwan publishing unit, and also invests in tech companies By Edith Terry

Hong Kong fintech WeLab said to be seeking funds at $2b valuation - Vimarsana News

Hong Kong fintech WeLab said to be seeking funds at $2b valuation

WeLab is looking to raise $200-250m in the new round, reported Bloomberg.