Insurance tech company Ethos, last valued at $2.7B in 2021, files for a US IPO ; its revenue rose 54.9% YoY to $183.7M in H1, with net income up 64% to $30.7M (Lucinda Shen/Axios)
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Summary
— TikTok's Chinese parent company will likely get about half of the profit from the platform's US operation even after it sells majority ownership …