Volvo Cars shares soar after IPO
Shares of the Swedish car brand Volvo debuted Friday on the Stockholm stock exchange, with the price rising sharply in early trading.
Oct 29, 2021
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Automotive
Page 5 - News tagged with initial public offerings
Business
Alibaba shares soar after Jack Ma reported on Europe trip
Alibaba shares surged more than six percent on Wednesday after billionaire founder Jack Ma was reported to be in Europe, fuelling investor hopes that the worst of China's regulatory crackdown for the internet giant might ...
Oct 20, 2021
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Business
French cloud computing IPO mints Europe's latest tech billionaire
French cloud computing group OVHcloud made its debut on the Paris stock market Friday, turning its Polish-born founder, Octave Klaba, into Europe's newest tech billionaire.
Oct 15, 2021
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Business
IT outage hits one of Europe's biggest cloud computing groups
A "human error" took down the servers of one of Europe's biggest cloud computing groups on Wednesday, causing thousands of websites to crash for more than hour, the company said.
Oct 13, 2021
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Business
Instacart CEO says online grocery shopping has room to grow
When the pandemic hit the U.S. last year, grocery delivery company Instacart suddenly became a lifeline for millions of consumers. Sales volumes skyrocketed; in one month, the company added 300,000 drivers to keep up with ...
Oct 11, 2021
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Business
Tycoon JD.com founder steps back as China tech scrutiny deepens
The billionaire founder of Chinese e-commerce giant JD.com is to step back from daily operations, his company announced, making him the latest A-list CEO to retreat from the limelight as Beijing squeezes the tech industry.
Sep 7, 2021
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Automotive
Amazon-backed electric vehicle maker Rivian announces IPO
Rivian Automotive, the Amazon-backed manufacturer of electric trucks and utility vehicles, said Friday it had filed for a stock market listing as it prepares to ramp up production and delivery.
Aug 27, 2021
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Business
Deliveroo reduces losses as takeaway sales soar
International takeaway food app Deliveroo cut losses in the first half as the coronavirus pandemic boosted home deliveries, a results update showed Wednesday.
Aug 11, 2021
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Business
China Telecom eyes $8.4 bn Shanghai IPO, world's biggest in 2021
China Telecom could raise more than $8 billion in a Shanghai initial public offering that would be the biggest this year, months after it was delisted in the United States amid Washington's stand-off with Beijing.
Aug 9, 2021
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Business
Fast-growing but controversial, Robinhood falls in Nasdaq debut
Robinhood had a rough start on Wall Street Thursday, falling sharply in its Nasdaq debut after the fast-growing online trading app raised $1.9 billion in an initial public offering.
Jul 29, 2021
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