Jan 10 (Reuters) – Daimler AG-backed (DAIGn.DE) car sharing marketplace Turo Inc on Monday made public its filing for a stock market flotation in the United States and disclosed its finances for the first time, revealing a 207% jump in revenue. The San Francisco-based company confidentially filed for an initial public offering in August last… Continue reading Car sharing platform Turo files to go public in U.S.
Tag: Morgan
Where is Ram’s electric pickup? CEO Tavares assures it’s on its way
Stellantis, the owner of the Jeep, Ram, Chrysler and Dodge brands, has been emphasizing its plans for rolling out electric vehicles for much of its first year of existence. In fact, the company, which just unveiled an electric Chrysler Airflow Concept and pledged a fully battery-electric Chrysler portfolio by 2028, plans $35 billion (30 billion euros) in EV-related investments across… Continue reading Where is Ram’s electric pickup? CEO Tavares assures it’s on its way
REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OFFICER
Mr. Goldberg brings to REE 20 years of experience in corporate finance, mergers & acquisitions, and management consulting with progressively senior roles at Morgan Stanley, Bain & Company, Greenhill & Co. and Magna International. In his new role as REE’s CFO, Mr. Goldberg will lead all aspects of REE’s financial functions, strategic industry partnerships and… Continue reading REE AUTOMOTIVE APPOINTS DAVID GOLDBERG AS CHIEF FINANCIAL OFFICER
Rivian to Build Major Plant in Georgia
Rivian’s almost 2,000-acre parcel will include abundant natural space. Photo: Rivian Rivian will expand its manufacturing operations with a second U.S. plant in Georgia, the company announced Dec. 16. A carbon-conscious campus is planned east of Atlanta, in Morgan and Walton counties which represents a $5-billion site development and manufacturing investment, according to a Rivian… Continue reading Rivian to Build Major Plant in Georgia
LAZ Parking Announces a Long-Term Investment from Argo Infrastructure Partners
Argo is a leading infrastructure investor based in New York with a long-term investment horizon, targeting higher quality infrastructure assets and businesses. This new partnership will strengthen LAZ’s existing capabilities, contribute and sustain its strong relationships with employees and customers, and support further investment in EV charging infrastructure assets across the U.S. “We are honored… Continue reading LAZ Parking Announces a Long-Term Investment from Argo Infrastructure Partners
China’s Didi may enter Hong Kong bourse through ‘listing by introduction’
China’s ride-hailing giant Didi Global plans to use a mechanism that will allow it to list shares in Hong Kong without raising capital or issuing new stock as it seeks to delist from New York, two people with knowledge of the matter said. The plans come as Didi is moving towards withdrawing from the New York Stock Exchange under… Continue reading China’s Didi may enter Hong Kong bourse through ‘listing by introduction’
3 Important Takeaways From Nio’s Electric Car Event
TipRanks 2 Stocks J.P. Morgan Says Are Ready to Rip Higher We’ve got just a few days left this year, and the big question is, will the year end with a whimper or a bang? According to the analysts at JPM, we may be looking at least at a partial bang. Yes, we’re dealing with… Continue reading 3 Important Takeaways From Nio’s Electric Car Event
People Digest: Monir Azzouzi joins GoToko to lead HR; Hypefast ropes in Indonesia’s former minister
Monir Azzouzi joins GoToko, GoTo Group’s B2B e-commerce platform arm, as part of the efforts to reinforce the group’s presence among small merchants across the country. Meanwhile, Indonesia’s former trade minister and a popular Youtube talkshow host Gita Wirjawan joined Hypefast as President Commissioner. Monir Azzouzi joins GoToko Monir Azzouzi joins GoToko, a joint venture… Continue reading People Digest: Monir Azzouzi joins GoToko to lead HR; Hypefast ropes in Indonesia’s former minister
Technology · 11:03 PM UTCFinancial technology platform iCapital Network valued at over $6 bln after latest fundingFinancial technology platform iCapit…
Dec 23 (Reuters) – Financial technology platform iCapital Network said on Thursday it had fetched a valuation of more than $6 billion after raising $50 million in a funding round led by private equity firm WestCap. Venture capital firms Apollo Global Management (APO.N) and Temasek also participated in the latest funding round, iCapital said. In… Continue reading Technology · 11:03 PM UTCFinancial technology platform iCapital Network valued at over $6 bln after latest fundingFinancial technology platform iCapit…
Stock market: Investors are underestimating ‘the ferocity of the bull market,’ strategist says
Fitz-Gerald Group Chief Investment Officer Keith Fitz-Gerald joins Yahoo Finance to discuss how investors should approach volatility and the outlook for the economy and stock market in 2022. Video Transcript KARINA MITCHELL: We are going to stay on the markets now and bring in our good friend Keith Fitz-Gerald, Fitz-Gerald Group chief investment officer. Keith,… Continue reading Stock market: Investors are underestimating ‘the ferocity of the bull market,’ strategist says