Author
68 posts
NetEase, a Chinese gaming giant, gained at least $2.7 billion in its secondary offering in Hong Kong. NTES stock on Nasdaq is up 2.75% now.
Tesla has major plans for expansion in China, Germany and the United Kingdom. Meanwhile TSLA stock is down today, trading at below $860.
Hester Peirce, a U.S. SEC commissioner, has been nominated for a second term. She became a popular crypto advocate after her public objection of SEC’s disapproval of the Bitcoin exchange-traded fund application.
Warner Music has revealed its IPO pricing today. The stock is priced at $25 a share, the higher end of its $23 to $26 price range.
A startup called NEOU, which tries to build its reputation as Netflix of fitness, has managed to raise $5M from capital investors. It now has over 50,000 clients in more than 60 countries across the globe.
As Zynga announced its plans to acquire Turkish mobile gaming firm Peak, ZNGA stock is in the green. Now it is around 5% up.
Cisco announced the purchase of ThousandEyes. The terms of the deal are unknown. But it is believed that Cisco has paid around $1 billion.
There are two reasons that may push NetEase to file for listing in Hong Kong. One of them is the rising geopolitical tensions between the U.S. and China and the second one the success of Alibaba in rsising capital in Hong Kong.
Tycoon69 International aims to create a new digital economy and disrupt gift card business globally.
Renault Chairman Jean-Dominique Senard said that the merger between his firm and Nissan is nor views as an efficient one anymore.