Yahoo still has a 16.3% stake in Alibaba, which is now worth around $37.7 billion.
Alibaba’s IPO ranks as the largest offering ever in the U.S. Shares closed at $93.89, up 38% from its initial public offering price, on its first day of trading.
The company is now pricing its shares between $66 and $68. The top end of the range values the company at $167 billion.
Randy Falco, who previously served as one of the highest-ranking executives at NBC, said on Univision’s first-quarter earnings call Monday that the Comcast-Time Warner Cable merger is bad for competition, particularly for Hispanic consumers. NBC owns Univision’s top competitor, Telemundo.
The fast-casual Mediterranean dining chain began trading on the New York Stock Exchange at $25.65, more than $10 higher than its pricing of $15 per share.
Because of the way education markets function, scaling and growth are daunting tasks, and many startups get bought up by the old guard of education before they become a competitive threat.
Cloud storage provider Box is certainly burning through an enormous amount of cash. It’s looking to raise up to $250 million in an initial public offering.
Will you go public, or get kicked out of your company? Find out below!
The Wall Street Journal says the Japanese company approached private-equity-owned J.Crew about a potential purchase this week, citing a person familiar with the matter. Updated with Fast Retailing’s U.S. ambitions.
King.com’s IPO is going to be a tough sell. And it isn’t exactly a ringing endorsement for the gaming industry as a whole.
King Digital Entertainment filed a registration statement with the Securities and Exchange Commission Tuesday announcing it would seek an initial public offering. The company’s wildly popular Candy Crush Saga allegedly generates $310 million per year.
The guts and the glory. The joy and the agony. Relive it all without actually having to watch cable news.
On November 7, 2013, Twitter went public. Here are some of the top trending topics on this historic day.
O let me count the things. The Twitter co-founder is a man of many loves.
With the most highly anticipated IPO since Facebook coming next week, another company went public, and it’s blowing up. It sells boxes.
At the close of Twitter’s first day on the public markets, its stock is $44.9, 73 percent above its IPO price of $26, and these are the big winners. (Updated from an earlier post).
More dependent on ads than even the old media giants.
Among the things that Twitter considers to be potentially damaging to its future are: loss of celebrity tweeters, government action, spam and changes to its corporate culture.
Twitter is expected to release its S-1 filing this week. Not all will be revealed, but there’s a lot to dig through.
A group of venture capitalists say the ability afforded by the JOBS Act to confidentially file IPO documents is changing the nature of the game. There are more companies filing as a result of the legislation.
Anthony Noto first became famous as one of the most optimistic tech analysts of the tech boom. After making partner he left Goldman to become CFO of the NFL, only to return and land the hottest tech IPO since Facebook.
The social network, led by Chief Executive Dick Costolo, made official what technology and financial pundits have been speculating for well over a year: that it will go public. Papers were filed with the SEC and an offering is expected later this year or early in 2014.
The company said it filed confidential documents with the SEC Thursday afternoon.
Twitter keeps saying it will go public when it is ready. But acquisitions, strategic hires, product changes, and behind-the-scenes maneuvering over the past year make clear that the company will be ready sooner rather than later.
The differences between the two exchanges are shrinking, experts say. It matters less where the next big tech company (Twitter, anyone?) lands.
With IPO activity on the rise, the New York Stock Exchange has been hosting “boot camps” to whip private companies into shape for going public. Here is what they learn.
One of Zynga’s brightest hopes, real-money gambling in the U.S., was purposefully extinguished. But focus might be just what Zynga needs right now.
Shares of Facebook, led by founder and CEO Mark Zuckerberg, soared after the company reported blowout second quarter results Wednesday.Investors applauded the social network’s gains in mobile advertising, which now accounts for 41% of all its advertising revenue.
The online video service, which generates nearly $700 million in annual revenue, is stuck in ownership purgatory.
Beneath the former Groupon CEO’s twangy guitar playing and scratchy lyrics is an introspective record about getting burned by the experience of going public. Unlike his jokey resignation letter, this is how he truly feels about getting fired.