LinkDoc Technology Ltd, a medical data company backed by a subsidiary of Alibaba Health Information Technology Ltd, filed for an initial public offering in the United States on Monday. The Beijing-based company, which offers cancer-focused healthcare services, reported a 41% jump in revenue for the three months ended March 31, according to the filing. For… Continue reading Alibaba Health-backed medical data company LinkDoc files for US IPO …
Tag: Morgan
Lordstown Motors, a GM investment, announces resignation of CEO, CFO in major shake-up
The troubled electric truck maker Lordstown Motors announced the immediate resignation of its CEO and CFO on Monday. The EV startup, which owns General Motors’ former Lordstown Assembly plant in northeast Ohio, also released the findings from an internal investigation of accusations of fraud made by the Hindenburg research firm. The investigation found most of the accusations… Continue reading Lordstown Motors, a GM investment, announces resignation of CEO, CFO in major shake-up
PEXA prepares for July debut in biggest Australian IPO of 2021
Online property company PEXA Group Ltd is set to make its Australian market debut on July 1 after filing a prospectus on Monday for what would be the country’s largest initial public offering (IPO) this year. The hotly anticipated IPO comes as Australian house prices skyrocket thanks to record-low borrowing rates and government incentives that… Continue reading PEXA prepares for July debut in biggest Australian IPO of 2021
India: Soma Comstar raises $333m from anchor investors ahead of IPO …
PowerGrid InvIT and SBI Cards raised ₹3480 crore and ₹2769 crore, respectively, from anchor investors. The auto components major allocated 8.6 crore shares at ₹291 apiece to 42 anchor investors, aggregating the total to ₹2,498 crore, according to a circular uploaded on the BSE website. Government of Singapore Investment Corporate (GIC) and Monetary Authority of Singapore (MAS) together… Continue reading India: Soma Comstar raises $333m from anchor investors ahead of IPO …
10 Best ADR Stocks to Buy in 2021
In this article we discuss the 10 best ADR stocks to buy In 2021. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best ADR Stocks to Buy in 2021. Investors in the United States have been steadily pouring money into foreign equities ever since the process was… Continue reading 10 Best ADR Stocks to Buy in 2021
An over $1 million custom mid-engine Dodge Charger was built for Dominic Toretto to drive in ‘Fast 9’ – Business Insider India
Warning: There are very minor spoilers ahead for “F9.” Dominic Toretto drives a sleek 1968 mid-engine Dodge Charger in the new film. The car was custom built using new and old technology and cost over $1 million to create. Dominic Toretto’s iconic Dodge Charger gets a major upgrade in “Fast 9.“ In part of the… Continue reading An over $1 million custom mid-engine Dodge Charger was built for Dominic Toretto to drive in ‘Fast 9’ – Business Insider India
75% of C-level executives in the U.S. retail, hotel and restaurant sectors* admit to a seismic shift towards digital commerce according to a study revealed by J.P. Morgan and FreedomPay
Groundbreaking data uncovers new attitudes and strategic change brought about by the historic head-on collision between technology and the global pandemic PHILADELPHIA, June 9, 2021 /PRNewswire/ — ‘PREPARING FOR THE RETURN OF DEMAND How America’s Retail & Hospitality Tech Elite Tackle Disruption with New Commerce Investment’, an independently conducted analysis of the views of America’s… Continue reading 75% of C-level executives in the U.S. retail, hotel and restaurant sectors* admit to a seismic shift towards digital commerce according to a study revealed by J.P. Morgan and FreedomPay
Inflation may challenge markets next year: Morgan Stanley’s chief economist Chetan Ahya
Chetan Ahya, Morgan Stanley’s chief economist Inflation may challenge global financial markets in the middle of 2022, says Morgan Stanley‘s chief economist Chetan Ahya. Edited excerpts from an interview:Which countries in developed markets are taking steps to drive growth? Also what is the role of emerging markets in driving global growth?It is quite broad-based in… Continue reading Inflation may challenge markets next year: Morgan Stanley’s chief economist Chetan Ahya
@Ford: Ford Credit Issues Private ABS Linked to Alternative Reference Rate
DEARBORN, Michigan, June 7, 2021 – Ford Motor Credit Company has drawn its first asset-backed securitization (ABS) funding through a private facility that is linked to the secured overnight financing rate (SOFR) as a benchmark. This transaction also includes a SOFR-based interest rate hedge. The facility, which is backed by Ford Credit retail assets, was… Continue reading @Ford: Ford Credit Issues Private ABS Linked to Alternative Reference Rate
Three years after exit, SoftBank in talks to invest $700m in Flipkart at $28b valuation
The transaction, the second person said, could value Flipkart at as much as $30 billion, depending on the final set of investors. Prosus Ventures, the investment arm of South African conglomerate Naspers, and other existing investors could raise their stakes, the people said. The transaction will precede a proposed listing of the Indian e-commerce giant, slated to… Continue reading Three years after exit, SoftBank in talks to invest $700m in Flipkart at $28b valuation