While investors turned down expectations, investors rallied in early public offerings at a record rate in 2020, and few expect the happy blessings to end soon. According to Delogic, the height of the dot-com boom in 1999 was પૂ 167.2 billion, with companies raising 4 164.2 billion on the U.S. …
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The size of the text Getty Images by Charlie Tribune / AFP A sharp drop in shares of Alibaba Group on Thursday came on the heels of news that China is investigating e-commerce giant on issues of antitrust, whose shares have risen. Softbank Group, Japan-based holding company that is Alibaba’s …
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Asian stocks were mostly higher on Thursday after mixed gains on Wall Street following mixed economics reports. Benchmarks rose in Tokyo, Hong Kong and Sydney. China’s market regulator says it has launched an anti-monopoly probe into e-commerce giant Alibaba Group 9988, after shares in Shanghai fell. -8.13% Baba, + 0.14%, …
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European officials want new powers to oversee the internal affairs of large tech companies such as Facebook Inc., FB -0.55% The multibillion-dollar leer is backed by threats of fines as they seek to expand their role as global tech implementers. The European Union’s executive branch on Tuesday proposed two bills …
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