Starbucks’ rival in China, Luckin Coffee, is set to price its initial public offering (IPO) at $17 per share. Sources told CNBC that the company will also upsize its IPO to 33 million shares. Luckin filed for an initial public offering (IPO) in the United...
Pinterest announced that it will list on the New York Stock Exchange at between $15 and $17 a share, bringing the company’s potential valuation to $11.3 billion. While this falls below the $12 billion price of its most recent private share sale, some analysts have commended...
Restaurants and food ordering, along with hardware sales, boosted the point-of-sale strength of Square in the second quarter — trends that could help the company in its competition against First Data-owned Clover. Days after First Data released its Q2 financial results, Square did so after the...
Capital One’s Q2 earnings are in and have beat Wall Street analysts’ expectations. While analysts polled by Reuters expected Capital One’s earnings to trade at $1.90 per share, equaling $6.67 billion in revenue, its shares rose 4.8 percent after trading hours ended. Its reported profit...
February 17, 2020
Indonesian delivery app Gojek has finalized its $30 million deal for a minority stake in the app-based taxicab startup Blue Bird, Bloomberg reported on Monday (Feb. 17). Gojek bought a 4.3 percent stake in Blue Bird from its holding company, PT Pusaka Citra Djokosoetono, said sources. Pusaka Citra sold more than 108 million shares of Blue […]
May 17, 2019
Starbucks’ rival in China, Luckin Coffee, is set to price its initial public offering (IPO) at $17 per share. Sources told CNBC that the company will also upsize its IPO...
April 10, 2019
Pinterest announced that it will list on the New York Stock Exchange at between $15 and $17 a share, bringing the company’s potential valuation to $11.3 billion. While this falls...
July 21, 2017
Capital One’s Q2 earnings are in and have beat Wall Street analysts’ expectations. While analysts polled by Reuters expected Capital One’s earnings to trade at $1.90 per share, equaling $6.67...
