In a long-awaited move, StubHub (NYSE:STUB), the leading online ticket resale marketplace, priced its initial public offering (IPO) yesterday at $23.50 per share, valuing the company at $8.6 billion. The offering raised $800 million through the sale of approximately 34 million shares, with an option for underwriters to purchase up to 5.1 million more. This debut on the New York Stock Exchange caps years of delays, including pauses in 2024 amid market volatility from tariffs and earlier in 2025 due to economic uncertainty.
Replit has raised a $250 million round, valuing the company at $3 billion. Unlike other fast-growing vibe coders, Replit has not been running to VCs every few months, though we'll see if that changes. Its last raise was in 2023 when it raised about $100 million that valued the company at $1.16 billion post-money. Replit has now raised a total of about $478 million, PitchBook estimates.
In the second quarter of 2025, JOYY's revenue reached US$ 507.8 million, representing 2.7% quarter-over-quarter growth. Its livestreaming revenue grew 1.1% quarter over quarter, while non-livestreaming revenue achieved 25.6% year-over-year growth, contributing 26.1% of total revenues. The Company's non-GAAP 1 EBITDA reached US$48.2 million, growing by 25.7% year over year and 19.3% quarter over quarter. JOYY's GAAP and non-GAAP 1 net profit in the second quarter increased approximately 16.8% and 3.9% year-over-year to US$60.8 million and US$77.0 million, respectively.
Learning and Development (L&D) departments often face pressure to demonstrate their value while operating with constrained resources. In the face of economic turmoil or unpredictable market conditions, customer training can present a promising avenue for L&D departments looking to drive significant business impact. This article explores how leveraging existing L&D resources can enhance customer education initiatives and ultimately transform L&D from a perceived cost center into a vehicle for revenue growth and retention.
TikTok's operations in the United Kingdom, Europe, and Latin America more than doubled revenues since 2022, when the company brought in $2.6 billion, according to filings submitted to Companies House, the U.K's corporate registry.
The Snowflake Platform enhances enterprises' data management under an AI Data Cloud, focusing on self-managed services, governance, and visibility without requiring extensive end-user hardware.
Meta's current focus on AI-powered systems has enhanced its ad conversion rates, resulting in a 9% increase in average ad prices, indicating a significant shift in value generation.
Roku's video advertising business has been booming, with video advertising growth surpassing overall platform revenue during the second quarter, reflecting a robust demand diversification strategy.