
DoorDash Prices IPO at $102 per Share Raising Its Valuation to Over $32B
As governments push for an efficient coronavirus vaccine by mid-2021, DoorDash management expects revenue and business operations to moderate in the following years.
As governments push for an efficient coronavirus vaccine by mid-2021, DoorDash management expects revenue and business operations to moderate in the following years.
The latest $15 million donations made by Jack Dorsey comes as the second time the billionaire CEO will be making such a move.
According to Apple, AirPods Max are already available for order. Shipping is planned to begin on December 15. The starting price is $549.
All three futures – Dow Jones, S&P 500, and Nasdaq 100 – opened lower today on Tuesday. The European market also remained under pressure on rising COVID-19 cases.
With the company locked in the S&P 500 index, some analysts expect the Tesla management to further split the shares to secure a position in the Dow Jones index next year.
Pfizer in collaboration with BioNTech is the only COVID-19 developer whose vaccine has already secured an Emergency Use Authorization in the United Kingdom.
Uber in addition to selling its autonomous driving unit is also investing $400 million in the Aurora self-driving car startup.
Some of the anticipated services to be offered through the new partnership between SBI and SIX includes listing, trading, CSD infrastructure, digital assets issuing, and crypto custodian services.
They took the view that “we can just crush them, we’re Facebook,” said the co-founder of Diem.
While the Pfizer (PFE) vaccine is the first of the vaccines expected to get regulatory approval this year, its distribution may be limited considering its extremely low storage and distribution temperature of minus 70 degrees Celsius and below.
MicroStrategy is significantly outpacing some crypto-based hedge funds with its Bitcoin (BTC) portfolio since it unveiled its plans to pump its excess liquidity into several assets with a primary focus on Bitcoin.
40% of JD Health’s net proceeds will go toward business expansion over the next 3 to 5 years. 30% will be allocated for research and development in the next 2 to 3 years. The rest will go to potential investments, acquisitions, and general corporate purposes.
Moreover, the world’s largest producer of vaccines by volume, Serum Institute of India requested authorization for emergency use of the AstraZeneca vaccine in the country.
So far, Lufthansa has already reduced 20% of its top management positions. Cutting jobs allowed Lufthansa to reduce costs by about €900 million.
The move by Airbnb and Doordash to boost their valuation with hiked share pricing is set to place the US IPO market on a climactic ending for the 2020 calendar year.