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2019-10-12 02:19:38 TheBlock

YouNow 1H19 review: Revenue is up, but there is ‘substantial doubt’ about the company’s solvency

On Wednesday, the live streaming company, YouNow, released its financials for 1H19, which showed the company’s deteriorating financial condition. Despite raising $21 million from SAFT sales for its Props token back in late 2017, the company now finds itself with only $3.4 million in cash and $2.3 million in cryptocurrencies (BTC and ETH) after a […]The post YouNow 1H19 review: Revenue is up, but there is ‘substantial doubt’ about the company’s solvency appeared first on The Block.