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Bumble Marks First User Growth Decline Since IPO on COVID-19 Hit, Has 2.9 Million Paid Users Now
Bumble posted its first sequential decline in user growth since the dating app owner went public in February, as fresh pandemic restrictions crimped demand in some markets, sending its shares down over nine percent in extended trading.
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Facebook Testing Feature That Lets Neighbours Connect as Rival Nextdoor Eyes IPO
Facebook is building a feature for users of its social network to connect with their neighbours, a push toward more intimate interactions that treads on the idea behind rival Nextdoor that is considering a public offering.
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Uber Hires Facebook's Product Director as Its Driver Product Head
Uber has been without a head of driver product since Aaron Schildkrout left in December.
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Spotify IPO Sees It Valued at $26 Billion in Record-Setting Direct Listing
Spotify soared Tuesday to a value of more than $26 billion in its long-awaited stock debut as the market delivered a ringing endorsement of the future of music streaming.
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Facebook Settles Lawsuit Over 2012 IPO for $35 Million
It amounts to a small fraction of Facebook's current market value of roughly $537 billion as of Monday's market close.
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Snap Raises $3.4 Billion in Year's Biggest Tech IPO
The owner of Snapchat raised $3.4 billion in its IPO on Wednesday, more than the $3 billion Facebook offered to pay for the company in 2013.
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Confident Snap Brushes Off Concerns on Second Day of IPO Roadshow
Many investors remained unconvinced by Snap's claim that it is more valuable than Facebook based on revenue at the time of its IPO in 2012.
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Facebook Must Face Shareholder Class Actions Over IPO: US Court
Facebook is appealing the class certifications, which it said are "without merit" and conflict with "well-settled" precedent.
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Square's Gone Public. Now the Hard Part Begins
Square launched in 2009 as a company that made a small card reader that plugs into smartphones and tablets.
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Facebook Defeats Shareholder Litigation Over IPO
A federal appeals court said the investors who lost money on shares lacked standing to sue Facebook directors and underwriters.
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Nasdaq to Settle Facebook IPO Lawsuit for $26.5 Million
The lawsuit said Nasdaq violated laws by not disclosing weaknesses in its IPO systems and failing to properly test them.
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Alibaba Who? US Retail Investors Not That Interested
"People are on Facebook, they know it, but no one has ever heard of Alibaba," said Bob Mecca from Hoffman Estate.
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Alibaba's Deal-Making Ripples Across Silicon Valley
By acquiring minority stakes, Alibaba's playbook has differed from what's typical of large tech firms like Google or Facebook, which prefer to buy startups outright.
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China's Alibaba Expected to Make Bigger US IPO Debut Than Facebook
Alibaba is expected to raise more than $15 billion, potentially surpassing the $16 billion that Facebook raised when it went public in 2012.
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Yahoo sees signs of growth in 'core'
Yahoo is also a key shareholder in Chinese Web giant Alibaba, which is in the process of launching an initial public offering in the United States.
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Bumble Marks First User Growth Decline Since IPO on COVID-19 Hit, Has 2.9 Million Paid Users Now
Bumble posted its first sequential decline in user growth since the dating app owner went public in February, as fresh pandemic restrictions crimped demand in some markets, sending its shares down over nine percent in extended trading.
-
Facebook Testing Feature That Lets Neighbours Connect as Rival Nextdoor Eyes IPO
Facebook is building a feature for users of its social network to connect with their neighbours, a push toward more intimate interactions that treads on the idea behind rival Nextdoor that is considering a public offering.
-
Uber Hires Facebook's Product Director as Its Driver Product Head
Uber has been without a head of driver product since Aaron Schildkrout left in December.
-
Spotify IPO Sees It Valued at $26 Billion in Record-Setting Direct Listing
Spotify soared Tuesday to a value of more than $26 billion in its long-awaited stock debut as the market delivered a ringing endorsement of the future of music streaming.
-
Facebook Settles Lawsuit Over 2012 IPO for $35 Million
It amounts to a small fraction of Facebook's current market value of roughly $537 billion as of Monday's market close.
-
Snap Raises $3.4 Billion in Year's Biggest Tech IPO
The owner of Snapchat raised $3.4 billion in its IPO on Wednesday, more than the $3 billion Facebook offered to pay for the company in 2013.
-
Confident Snap Brushes Off Concerns on Second Day of IPO Roadshow
Many investors remained unconvinced by Snap's claim that it is more valuable than Facebook based on revenue at the time of its IPO in 2012.
-
Facebook Must Face Shareholder Class Actions Over IPO: US Court
Facebook is appealing the class certifications, which it said are "without merit" and conflict with "well-settled" precedent.
-
Square's Gone Public. Now the Hard Part Begins
Square launched in 2009 as a company that made a small card reader that plugs into smartphones and tablets.
-
Facebook Defeats Shareholder Litigation Over IPO
A federal appeals court said the investors who lost money on shares lacked standing to sue Facebook directors and underwriters.
-
Nasdaq to Settle Facebook IPO Lawsuit for $26.5 Million
The lawsuit said Nasdaq violated laws by not disclosing weaknesses in its IPO systems and failing to properly test them.
-
Alibaba Who? US Retail Investors Not That Interested
"People are on Facebook, they know it, but no one has ever heard of Alibaba," said Bob Mecca from Hoffman Estate.
-
Alibaba's Deal-Making Ripples Across Silicon Valley
By acquiring minority stakes, Alibaba's playbook has differed from what's typical of large tech firms like Google or Facebook, which prefer to buy startups outright.
-
China's Alibaba Expected to Make Bigger US IPO Debut Than Facebook
Alibaba is expected to raise more than $15 billion, potentially surpassing the $16 billion that Facebook raised when it went public in 2012.
-
Yahoo sees signs of growth in 'core'
Yahoo is also a key shareholder in Chinese Web giant Alibaba, which is in the process of launching an initial public offering in the United States.
