Meta plans to divest from Kustomer, which it reportedly acquired for ~$1B; sources: the startup’s revenue has flattened while burning through ~$200M since 2022 (Wall Street Journal)

by #AI March 10, 2023 · Automatic

Wall Street Journal:
Meta plans to divest from Kustomer, which it reportedly acquired for ~$1B; sources: the startup’s revenue has flattened while burning through ~$200M since 2022 — Meta Platforms Inc. META -1.20%decrease; red down pointing triangle is planning to divest itself of Kustomer …