

Equity Monday: I hear this fintech thing is going to be big
Oct 11, 2021
Dive into the buzzing world of private markets as Asian tech stocks surge, while Western markets show mixed results. Discover Facebook's struggles with accountability and Tesla's expansion plans in India. CRED shines in the fintech spotlight with massive fundraising, alongside Mono's promising regional startup model. Plus, the mobile gaming industry is on fire, as Homa Games raises $50 million amid huge downloads. Stick around for insights on upcoming IPOs like GitLab and AvidExchange!
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Chinese Tech Stocks
- Chinese tech stocks rallied while other global markets showed mixed results.
- Regulatory pressure from the Chinese government has impacted Chinese tech companies.
Facebook's New Controls
- Facebook's Nick Clegg discussed the platform's plans to introduce new controls for teen users.
- These controls will allow adults to supervise teens' online activity and nudge them towards different content.
Tesla in India
- An Indian minister suggested Tesla manufacture cars in India instead of exporting them.
- This raises questions about potential nationalization of EV production, similar to data residency trends.