Korea’s Flitto Raises USD 23m in IPO
Korean language services and data company Flitto raises USD 23m in IPO on electronic trading platform Kosdaq, Korea’s answer to Nasdaq; CEO heralds “AI boom era.” Continue reading
Tag: Rozetta
Reader Polls: MT and Subject Matter Expertise, Future CAT, Outperforming LSPs
Is subject matter expertise gaining at the expense of source language proficiency? Has the future CAT yet to be invented? Will LSPs continue to delight investors? Continue reading
Ranking and Analysis: H1 2019 Performance of Listed Language Service Providers
Australia’s Appen leads a H1 2019 ranking of listed language service providers. The language industry again outperformed the broader markets. Continue reading
The Post-Deal Lives of Over 100 LSP Owners Who Sold Their Business
Slator tracked over 70 language industry M&A transactions and reviewed the next steps founders took after selling their business. Continue reading
Rozetta’s Market Cap Nears USD 400m as Bet on Machine Translation Pays Off
Japanese LSP enters period of “rapid growth” for MT segment. Revenue and operating income up strongly. Shares rally, propelling market cap to nearly USD 400m. Continue reading
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Rozetta Posts Small Revenue Increase, Net Loss for First Nine Months
Rozetta’s revenue kept pace but profit fell in the first nine months of the financial year. The company's bet on machine translation is not yet paying off. Continue reading
Rozetta, Plans to “Liberate Japan from Linguistic Handicap,” Posts 2016 Results
Tokyo-based language service and technology provider reports USD 17m in annual revenues. Human translation and interpretation business contributes nearly half at USD 8.3m. Company says it has... Continue reading
Rozetta Pays USD 14m for Tokyo Translation Crowdsourcer Conyac
Signs of life in the Japanese startup world, as two co-founders of translation crowdsourcing platform Conyac sell to language service provider Rozetta for USD 14m in cash and stock deal. Continue reading
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