Pre-IPO Sector News Update

August 3, 2020

• Last week, TikTok was having advanced talks with Microsoft regarding a potential acquisition.

• Roblox surpassed 150 million monthly active users.

• Tranferwise was valued at $5 billion following a $319 million secondary transaction.

The news articles and links presented below are available for your reference.

BYTEDANCE

“Microsoft Talks to Buy TikTok's U.S. Operations Spark Ire in China"

• https://www.reuters.com/article/us-usa-tiktok/microsoft-says-in-talks-to-buy-tiktoks-u-s-operations-from-chinas-bytedance-idUSKBN24Z0L7

ROBLOX

“ Roblox Reaches 150 Million Monthly Active Users (That’s More Than Minecraft)"

• https://www.pcgamesn.com/roblox/player-count

TRANSFERWISE

“TransferWise Confirms new $5B Valuation Following $319M Secondary Share Sale"

• https://techcrunch.com/2020/07/28/transferwise-five-unicorns/