by finance_admin | December 2, 2024 | Corporate Finance
Saudi Arabia’s Nice One Beauty, a prominent e-commerce platform specializing in beauty and personal care, is gearing up for its highly anticipated initial public offering (IPO) in Riyadh. The company aims to raise SAR 1.21 billion ($322 million) by offering 34.6...
by finance_admin | December 1, 2024 | Breaking, Corporate Finance, Finance, Industry, News, Technology
Artificial Intelligence Surge Pushes U.S. Chip Maker to $3.3 Trillion Market Cap Nvidia’s unstoppable ascent in the stock market has crowned the semiconductor giant as the world’s most valuable company, surpassing tech behemoths Microsoft and Apple. The...
by finance_admin | November 14, 2024 | Corporate Finance
The Walt Disney Company (DIS) reported stronger-than-expected fourth-quarter earnings on Thursday, driven by its direct-to-consumer (DTC) business, which reached profitability amidst an industry-wide pivot to streaming. Disney posted adjusted earnings of $1.14 per...
by finance_admin | November 11, 2024 | Corporate Finance
Talabat, the leading on-demand food and quick-commerce app, announced on November 11 that its parent company, Delivery Hero MENA Holding, will sell over 3.49 billion ordinary shares through an initial public offering (IPO) at a nominal value of AED0.04 per share. This...
by finance_admin | November 11, 2024 | Corporate Finance
Swiggy Ltd.’s $1.3 billion initial public offering (IPO) closed successfully on Friday, with demand outstripping supply by more than three times. A late surge in interest from major investors underscored a strong appetite for the Indian food-delivery...
by finance_admin | November 9, 2024 | Corporate Finance, Technology
Sony posted robust quarterly results on Friday, significantly beating analyst expectations on operating profit and revising its full-year sales outlook. The Japanese tech giant’s September quarter operating profit surged by 73% to 455.1 billion yen ($2.98 billion),...