SoftBank stays in as Meesho 6M IPO becomes India’s first major e-commerce listing | TechCrunch

SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing | TechCrunch

[ad_1] Meesho, an Indian e-commerce rival to Amazon and Walmart-owned Flipkart, is set to launch a roughly $606 million IPO marked by token sell-downs from early backers and no sales from big names such as SoftBank and Prosus, signalling investor conviction in India’s booming online retail market at a time when tech shareholders globally have…

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Income tax – live: Markets spooked after Reeves U-turn on major Budget tax increase

Income tax – live: Markets spooked after Reeves U-turn on major Budget tax increase

Shorouk Express ‘I’m not in favour of breaking manifesto pledges’: Streeting welcomes income tax U-turn Health Secretary Wes Streeting welcomed the apparent U-turn over plans to break Labour’s manifesto commitment on income tax. Mr Streeting told LBC Radio: “I’m not in favour of breaking manifesto pledges. “I think that trust in politics and politicians is…

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