Latest news with #techunicorn
Bloomberg
4 days ago
- Business
- Bloomberg
Ninja Becomes Unicorn in Saudi After Riyad Capital-Led Funding Round
Saudi Arabia-based quick delivery firm Ninja has become the kingdom's newest tech unicorn after raising around $250 million from local investors, according to people familiar with the matter. The funding round, led by asset manager Riyad Capital, values the three-year-old company at about $1.5 billion, the people said, asking not named as the information is private. Ninja is targeting an initial public offering by 2027, Bloomberg News reported in March.
Wall Street Journal
10-06-2025
- Business
- Wall Street Journal
Indian Unicorn InMobi's CEO Says Profit in Sight for Glance Consumer AI Business
Indian tech unicorn InMobi expects its Google-backed subsidiary Glance to turn profitable over the next year, its chief executive says, anticipating rising demand for its AI-powered shopping services. Chief Executive Naveen Tewari said that Glance should be able to hit profitability in the next 12 months as it rolls out offerings on its new generative artificial-intelligence shopping platform.
