Архив рубрики: Finance

Hanging out at Snap’s unremarkable IPO roadshow

 One of the remarkable things about the roadshow presentations for hotly-anticipated IPOs — where they’ll make a pitch to investors and answer questions — is that they are often unremarkable.
That seemed about the same case for Snap, which was presenting to potential investors at the Mandarin Hotel in New York this afternoon. Over lunch, a packed ballroom 30 stories up at… Read More

Hanging out at Snap’s unremarkable IPO roadshow

Chinese photo-sharing app Kuaishou planning U.S. IPO later this year

 We’re hearing from sources that Kuaishou — a hot photo-sharing application in China — is planning to go public in the U.S. later this year. Sources tell us the app has more than 40 million daily active users against 100 million monthly active users, and was most recently valued at around $3 billion. The app is in some ways similar to Instagram, with photos (some of which… Read More

Chinese photo-sharing app Kuaishou planning U.S. IPO later this year

Snap paid $114.5M to acquire Vurb and gives acquisition details for Bitstrips and Looksery

 Now that Snap is revealing its financial guts to the world in its filing for its initial public offering, we’re getting a small glimpse at how much the company is paying to acquire startups. As Snap becomes a larger company and is able to amass more of a cash pile, it’ll be able to start picking off startups that can either fill out the company’s ranks with talent or add… Read More

Snap paid $114.5M to acquire Vurb and gives acquisition details for Bitstrips and Looksery

Apple shares up 3% after company beats earnings expectations

 Apple’s latest quarter surpassed earnings expectations, sending the stock up about 3% in initial after-hours trading.
Its fiscal first quarter of 2017 saw record earnings of $3.36 per share, well above the $3.21 forecast by Wall Street. Revenue also beat, coming in at $78.4 billion, versus the $77.3 analysts were predicting.
Investors were pleased that the company sold 78.3 million… Read More

Apple shares up 3% after company beats earnings expectations

Snap will reportedly file publicly for its massive IPO late next week

 Snap — the makers of Snapchat — had confidentially filed for its IPO late last year, but it looks like we’ll be getting a look at the inner guts of the company’s financials and workings as early as late next week. The company will file publicly for its initial public offering late next week, according to a new report from Kara Swisher over at Recode. This is yet… Read More

Snap will reportedly file publicly for its massive IPO late next week