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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Ahead of its public listing, the streaming company must navigate questions around its association with the Dubai-based investor, now under an ED investigation.
Ullu’s perfect story is starting to fall apart.
Last month, Ullu approached the public markets for a listing on the small and medium enterprises, or SME, exchange. And, in doing so, the streaming company, which has only ever been known for its titillating video content, made a lot of noise on the business front. About how the company is profitable and if the IPO goes through, Ullu’s listing will be the biggest in the SME space in India.
In the month since, trouble appears to have found its way to Ullu.
Yesterday, The Morning Context wrote about the Dubai-based hawala …
The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.
Falling sales, a price correction and more cautious buyers mark a sharp shift in Dubai’s property market as regional conflict drags on.
The arrest and charges against an employee of the artificial intelligence company, fewer early-stage VC deals, and other updates.
