Wataru Suzuki

Challenging times for Japanese gaming companies as Nintendo joins Sony in cutting its sales target for gaming consoles due to chip shortages and shipping delays. https://t.co/VTx6XWLFwW

One of Australia's top VCs on tech valuations: "Companies that are planning on listing in the next six months probably need to think about putting that on ice for now." https://t.co/EURgvnwLsv

Despite a global boom in e-commerce during COVID-19, Snapdeal reported a 44% decline in revenue for the year ended March 2021. Would investors agree to a $1bn+ valuation? https://t.co/R1KEtH27SO

Mizuho backs Vietnam fintech MoMo at more than $2bn valuation https://t.co/Ip87KjiM8z

Sensetime facial recognition technology https://t.co/v5j2B8Tesk

Didi's market cap ($37.7bn) is approaching Grab's ($34.7bn), even though Didi's revenue in 1Q 2021 was 30X bigger.

Lots of money at stake for SoftBank's Vision Fund as Didi plans to move to Hong Kong. At the moment, Vision Fund is down more than $4bn on its Didi investment alone. https://t.co/EC42abb9iF

Paytm ended its first day in public markets with a market cap of about $13.6bn, lower than the $16bn valuation it had in private markets. https://t.co/jejhXsjrcH

All eyes are on Paytm's IPO this week. But as this chart shows, SoftBank stands to gain more from Oyo's IPO, if it can hit a $10bn valuation, due to its nearly 47% stake in the company. https://t.co/9bOktg5zzu https://t.co/zjb4iXNBjr

The CEO of Japan's online marketplace Mercari reveals that 70% of newly hired engineers are non-Japanese. Japan's decision to open up its borders this week means they can finally start coming in https://t.co/hkVAFCz9If

Masayoshi Son says valuations of SoftBank's investments in China have declined to a point where the risk is "is not extremely high." "It is manageable," he said. https://t.co/8lfm5WVlFp

Didi rival T3 Chuxing raises a mammoth $1.2bn series A round. One analyst calls T3 "a government-backed alternative to Didi" https://t.co/60XOt30dyA

Japan awarded its first "government cloud" contracts to Amazon and Google, but not Microsoft. https://t.co/rCAnVD3r40

Carlos Ghosn, who escaped from Japan by hiding in a box, says decisions made by Nissan after his arrest are a disaster. "You don't hide from competition, you confront competition". https://t.co/b7MVPChH7K

So much to unpack from Oyo's draft IPO filing. It has 80 subsidiaries and 40 JVs, but says core markets are India, Southeast Asia and Europe. A massive board reshuffle just days before filing. Ritesh Agarwal is "Founder & Chairman" but not CEO. https://t.co/C4GPwMeq7B

India's Meesho, which only entered the unicorn club in April, is now worth $4.9 billion. https://t.co/zJlhGCfcjY

With SoftBank expanding its enterprise portfolio, it may bring along the same dynamics that fueled cash-burning battles in ride-hailing. Among its discussions with startups: get people access to your product, and figure out a monetization model later. https://t.co/4blLDVINwu