HSBC Believes That $22 Billion Byju’s Is Now Worth Zero
June 7, 2024
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HSBC, in a recent assessment of the company, revealed that it believes the $22 billion Byju’s is now worth zero, citing financial mismanagement, missed sales targets, governance issues, and the exit of key auditors and board members. In a recent research report, HSBC calculated that the $22 billion valuation of