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Indian payment giant Paytm officially submitted a prospectus Ant Group may sell 5% of its shares
Sina Tech News reported on the evening of July 16 that Paytm, India's largest e-wallet, has now submitted a listing prospectus, taking a critical step in listing. Currently, Ant Group holds 30% of Paytm's shares. According to foreign media reports, in order for Paytm to comply with listing rules, Ant Group is expected to sell about 5% of Paytm's shares. On July 16, Paytm's prospectus on the Securities and Exchange Commission of India website showed that Paytm has been actively driving the development of local inclusive finance and digital life in recent years, and has expanded into e-commerce, cloud services, and integrated financial services. As of 2021
The popularity of Chinese hip-hop promotion companies has increased nearly eightfold in three days after the listing of pop culture.
Some stocks perform very well after the IPO. But the 790% increase cannot be described simply by "very good". It is completely unthinkable. Pupu culture is the latest unthinkable and has quickly become a candidate for a stock market boom. The hip-hop culture company went public on Wednesday at $6 a share, with a market capitalization of about $140 million. By Friday, the stock had risen about 790%, with its market capitalization soaring to $1.27 billion. The stock jumped 405% on its first day of trading on Wednesday, ranking fifth in the history of the u.s. stock market, according to aggregated data. At the top of the list is 100 million express services, which went on sale in May.
US NASA Director: Space is not the “wild west” of billionaires
A few weeks until Amazon founder Jeff Bezos is in space aboard the “New Shepard” spacecraft, the director of the National Aeronautics and Space Administration (NASA) warned that space is definitely not the “wild west” of billionaires. NASA Director Bill Nelson (Bill Nelson) recently said in an interview: “I've been paying attention, but they also have to undergo the same strict physical and psychological examinations as other professional astronauts.” Nelson added, “We want astronauts already working on the space station to be safe when there are visitors. This must be done.” Currently some of the world's super
J.P. Morgan strategist: The Federal Reserve will start downsizing early next year
J.P. Morgan strategists wrote in a report on Monday that as Fed policymakers take action to normalize policies, the reduction in stimulus measures is expected to begin early next year. Mislav Matejka and other strategists said that the Federal Reserve will begin discussing the code reduction path, and in the next few meetings, the implementation time may be hinted at. The deceleration trend will begin, although the Federal Reserve's position that inflation is “temporary” will be confirmed. The commencement of the reduction process is unlikely to damage bullish views on developed market stock markets in the second half of the year. Treasury bond yields may restart their upward trend to support the beta sector. Strategist rating
Good birds choose trees and live on Wall Street's top talents pursue their dreams of financial technology and investment companies.
To outsiders, Wall Street was a good place last year, and banks still made profits during the collapse of the epidemic. But for insiders, Wall Street is also an ideal place to leave. Tech upstarts and investment firms offer unusually attractive rewards for experienced Wall Street professionals, including doubling their salaries. Coupled with the fact that the banking industry is not generous with bonuses in 2020, the temptation for job-hopping is even greater. With bonuses winding down, the number of Wall Street departures began to surge. The latest two cases are the partners of Goldman Sachs Group Group, one of whom is the founding veteran of consumer banking. They gave up working in Goldman Sachs Group.
Instacart, the second largest unicorn in the United States, raised $265 million and its valuation doubled to $39 billion.
Sina Technology News, Beijing time on the evening of March 2, it is reported that Instacart, an American grocery distribution service, has received an investment of US $265 million in a new round of financing, valuing the company at US $39 billion. This means that the valuation of Instacart has doubled for the second time since COVID-19 's outbreak. Less than five months ago, Instacart raised $200m, valuing the company at $17.7 billion. That's double the $7.9 billion valuation in 2018. After a new round of financing, Instacart has become the second largest unicorn in the United States.
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