As per reports, eToro will be working with Goldman Sachs for going public. The reported plan of IPO comes after the platform registered phenomenal growth in 2020.
Reports showed that Mytheresa generated 6.4 million euros in the 2020 fiscal year, compared to $1.7 million euros raised in the previous year.
SAP acquired Qualtrics back in January 2019 for $8 billion thus halting the intended IPO.
Following the Bitcoin all-time high on Sunday, December 27, Riot Blockchain stock registered 20% gains on Monday’s trading session. The stock has already appreciated by 13x this year. Apart from BTC, investors of Bitcoin mining companies are making a bomb in the market.
With the money from Series E Round, the total funds raised by Graphcore total over $710 million. The company is expecting to have over $440 million of cash on hand post-closing to support future growth.
Tesla has announced its plans to enter the Indian market early next year, but not next month as Elon Musk previously noted.
The JPMorgan analyst lowered his price target for Nikola stock on execution risks related to a “tarnished brand.”
Economists from Goldman Sachs Group have revised their Q1 GDP forecast to see a growth of 5% though earlier they expected a 3% increase.
Facebook’s decision to shut down the holding company in Ireland came after the US Internal Revenue Service (IRS) sued the company over its Ireland shore deal.
Pascal Soriot, the Chief Executive of AstraZeneca revealed that the vaccine is as effective as Pfizer and can be a strong protector against the new variant of the virus which is very contagious.
Zoom stock has skyrocketed nearly 5x this year on the backdrop of massive demand owing to the work-from-home culture and more businesses moving online. Zoom investors had a phenomenal bull run in 2020.
While IPOs improved the public listing revenues, Special Purpose Acquisition Companies (SPACs) also saw an increased embrace in the US within the year.
As the analyst has explained, Apple has not yet finalized the specifications for the vehicle. Besides, Apple has not decided on the suppliers.
Just as expected, the market has reacted to this news. The S&P futures (INDEXSP: INX) recorded a surge of 0.62% right after the Christmas holiday.
As the year comes to an end and the final trading week of 2020 begins, Asia markets were mixed on Monday as some firms pulled in gains and others declined. Alibaba stock is in the red.