Public Markets
? Indian journey reserving app ixigo is seeking to raise Rs 1,600 crore in its preliminary public providing, The Financial Instances reported this week.
? Buying and selling app Robinhood disappointed in its first quarterly earnings as a publicly traded firm, when it posted a web lack of $502 million, or $2.16 per share, bigger than Wall Avenue forecasts. This overshadowed its beat on income ($565 million versus $521.8 million anticipated) and its greater than doubling of MAUs to 21.3 million in Q2. Additionally of notice, the corporate stated dogecoin made up 62% of its crypto income in Q2.
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