Search Results for: eBay
Alibaba prices IPO at $68 a share ahead of New York stock flotation
September 19th, 2014
Early investors in Chinese online giant Alibaba are set to sell $8bn worth of shares Friday morning, escaping the “lockup” that usually requires them to hold their shares for several months. The disclosure, first reported by the Wall Street ...
Alibaba raises IPO as demand strengthens
September 16th, 2014
Alibaba Group Holdings has raised its initial public offering to $66 to $68, demonstrating the high demand from investors for the year’s most anticipated debut and potentially the world’s largest-ever IPO. Alibaba has attracted investors willing to buy into ...
Alibaba Is Investing big in U.S. Tech Companies
August 1st, 2014
Chinese Internet retailer, Alibaba Group, is going to America with plans for big investment. In March, Alibaba made a $215 million investment in Tango, a messaging app. It recently contacted Snapchat, another messaging app that this year turned down a $3 ...
Amazon to invest $2 billion more in India
July 30th, 2014
Amazon.com Inc (AMZN.O) announced that is planning to invest a further $2 billion in India just a day after the country’s largest e-tailer Flipkart attracted $1 billion of fresh funds, raising the stakes in a nascent but fast-growing e-commerce ...
Flipkart Indian e-commerce, raises $1 Billion
July 29th, 2014
India’s largest e-commerce firm, Flipkart, has confirmed that it managed to raise $1 billion in its latest round of fund-raising, thus becoming by far the largest venture investment ever received by an Indian Internet company. Globally, the amount raised would ...
StubHub Defrauded Of $1.6M Worth Of Tickets; 7 People Arrested Worldwide
July 24th, 2014
Seven people linked to an international cybercrime ring were arrested for defrauding online-ticketing company StubHub of about $1.6 million. The operation, which involved police forces from several countries, was tracking the cyber thieves for hacking into the online accounts ...
PayPal targets UK small businesses for cash advances
July 24th, 2014
Online payments firm PayPal is to start advancing cash to UK small businesses, the company has announced. The PayPal Working Capital fund is due to launch later this year, the firm said. The eBay-owned company said it would only ...
U.S. Stock-Index Futures Rise as Apple, IBM Rally on Deal
July 16th, 2014
U.S. stock-index futures advanced as China’s second-quarter economic growth topped estimates and as Apple Inc. and International Business Machines Corp. rallied after announcing a partnership. Apple and IBM rose at least 2 percent each in early New York trading ...
European Stocks Advance With Asia as Gold, Oil Retreat
July 14th, 2014
European and Asian stocks advanced with U.S. equity-index futures after a gauge of global shares suffered its biggest weekly loss in three months. Gold fell from a four-month high, corn slid a 10th day and oil dropped as the ...
Asian shares nudge higher, oil nurses losses
July 14th, 2014
Asian shares rose on Monday as euro zone banking jitters faded, but investors remained cautious ahead of corporate earnings and a raft of global economic events, including testimony from the head of the Federal Reserve. MSCI’s broadest index of ...
