Didi will get hit by Chinese language authorities, and Pleo raises $150M

Written by Jeff Lampkin

Hiya and welcome again to Equity, TechCrunch’s venture-capital-focused podcast the place we unpack the numbers behind the headlines.

That is Fairness Monday Tuesday, our weekly kickoff that tracks the most recent personal market information, talks in regards to the coming week, digs into some latest funding rounds and mulls over a bigger theme or narrative from the personal markets. You may observe the present on Twitter here and myself here.

What a busy weekend we missed whereas largely listening to distant explosions and hugging our canine shut. Right here’s a sampling of what we tried to recap on the present:

  • Didi vs. China: The Chinese language authorities’s crackdown on Didi continued over the weekend, after saying a cybersecurity overview of the corporate on Friday. That call blocked new consumer signups. Now Didi has had its app faraway from pertinent app marketplaces. That’s going to hit income. Shares of the corporate are sharply decrease in pre-marketing buying and selling right here in america. The corporate went public final week.
  • Twitter vs. India: India’s makes an attempt to cow Twitter into not enacting its personal content material moderation insurance policies continues. Now India has taken away authorized protections from the well-known American firm. It’s not nice information for India’s rising expertise sector, or the traders backing the upstarts.
  • Funding rounds: Plenty of corporations raised cash, together with Byrd, with $19 million in a Sequence B, Pleo with an enormous $150 million unicorn spherical, and Clearly AI, which simply prolonged its Seed spherical.

It’s going to be a busy week! Chat tomorrow.

Fairness drops each Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all of the casts!

About the author

Jeff Lampkin

Jeff Lampkin was the first writer to have joined He has since then inculcated very effective writing and reviewing culture at GamePolar which rivals have found impossible to imitate. His approach has been to work on the basics while the whole world was focusing on the superstructures.