Ding Dong CEO Liang Changlin commented that he plans to utilize the proceedings gained in the IPO for expanding his company’s business operations
The public debut of Didi is the largest of a Chinese company since Alibaba Group raised $25 billion back in 2014
The global Crypto.com enters the F1 market to extend its support to the F1 “sprint” series. F1 will also exhibit the brand’s name on the race tracks as global sponsors to support the growing development.
The two companies will work together to expand their market footprint by sharing client and infrastructure resources. This acquisition gives the Deutsche Börse Group 2/3rd controlling stake in the Swiss FinTech firm.
The statement also revealed that the crypto trading platform will create a post-trade infrastructure with a network of digital asset custodians.
Amid Bitcoin market volatility, Morgan Stanley acquires 28,000 GBTC shares getting exposure to the world’s largest crypto. The Wall Street bank has produced strong results and doubled its dividend for the third quarter.
On Monday, Facebook hit another eye-popping milestone. The social media company vaulted above $1 trillion in market capitalization for the first time.
On Monday, June 26, the US stock market indices continued their uptrend for the second day.
With the larger iPad models, Apple might seek to blur the gap between the Mac and the iPad models in the future.
In the pre-market today, SPCE stock is up 6%, trading close to $60. Virgin Galactic shares are expected to grow further and reach new levels.
The recent decision from BTC China comes amid the forced regulatory action from Chinese authorities to root out crypto businesses from the country.
Didi Global in an SEC filing noted that it will sell up to 288,000,000 shares at a price range of between $13 and $14 in its IPO.
Going by Didi’s updates prospectus, Morgan Stanley Investment Management Inc has shown interest in acquiring a share of up to $750 million in the IPO.
The increasing level of tension between authorities in China and the United States is forcing the hands of many US-listed Chinese companies to list on the Hong Kong stock exchange as a way of protecting themselves against both governments.
With this massive move a16z aims to bring crypto to the mainstream. To expand its operations, a16z is hiring some of the top officials who have worked in the financial regulatory and tech space.