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China-based Transsion, which dominates the market for smartphones in Africa, raised $390M from a Hong Kong share sale after pricing the deal near the top end (Sangmi Cha/Bloomberg)

Sangmi Cha / Bloomberg : China-based Transsion, which dominates the market for smartphones in Africa, raised $390M from a Hong Kong share...

17 January 2025

A look at Pump.Fun, a service for launching memecoins that has generated $350M+ in revenue via a 1% trading fee in the 12 months since its launch in Jan. 2024 (Joel Khalili/Wired)

Joel Khalili / Wired:
A look at Pump.Fun, a service for launching memecoins that has generated $350M+ in revenue via a 1% trading fee in the 12 months since its launch in Jan. 2024  —  Pump.Fun raked in hundreds of millions of dollars in its first year in operation.  Despite some growing pains, its creators say this is just the beginning.

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