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A comment on Byju's, once valued at $22B, pushed into insolvency proceedings.

Re:Byju's, once valued at $22B, pushed into insolvency proce... by chmod775 on Tuesday July 16, 2024 @05:36PM (#40980549)
More than half a billion USD in revenue but can't break even with a digital-only product. Amazing.
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Re:Byju's, once valued at $22B, pushed into insolvency proce... by xvector on Wednesday July 17, 2024 @02:45AM (#40983178)
What could they possibly be spending that money on?
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Re:Byju's, once valued at $22B, pushed into insolvency proce... by rasz on Wednesday July 17, 2024 @04:51AM (#40983756)
Usually in cases like this revenue is fake, moving same or non existing $ around between multiple entities controlled by same party.
[ Parent | on HN ]