loses

Downtown San Jose Loses Another Major Retailer - San Jose Spotlight

Downtown San Jose Loses Another Major Retailer – San Jose Spotlight

The closure of a neighborhood pharmacy means the loss of much-needed services for downtown San Jose residents and business owners. The CVS on The Alameda, which closed about two weeks ago, provided a convenient one-stop shop for groceries, basics and pharmaceutical needs, but it has also become a “magnet” for homeless residents who are staying …

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Xiaohongshu loses up to half of its implied value in private markets

Xiaohongshu loses up to half of its implied value in private markets

Xiaohongshu, the hugely popular social media platform seen as China’s answer to Instagram, hit a fever pitch last year. With a loyal following of millennial women and an audience of 200 million active users, the company earned a $20 billion valuation in a fundraising round and was heading for a successful initial public offering. Then …

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