
Chinese Ridesharing Firm Didi Raises $4.4B in US IPO
The public debut of Didi is the largest of a Chinese company since Alibaba Group raised $25 billion back in 2014
The public debut of Didi is the largest of a Chinese company since Alibaba Group raised $25 billion back in 2014
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.
With the BaFin license, Coinbase expects to localize their services and further advance them all over Germany.
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.
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.
Here’s a look at all the interesting features that Microsoft introduced with the announcement of Windows 11 on Thursday.
The initial plan of Robinhood was for the IPO to be done in June but the plans stretched to July.
Founder and CEO of FTX Sam Bankman-Fried is convinced that the stock tokens by DAAG have the potential to cause a shift in market structure.
Clover Health became a public-listed company via a January SPAC deal that was worth $3.7 B, and the company’s stocks have been volatile since then.
Sources said the Bullish SPAC merger agreement could be reached as soon as a few weeks from now.