That’s a big IPO

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Description: It’s the largest tech company Initial Public Offering (IPO) in the history of the TSX. Montreal payment processor Nuvei raised a whopping $700 million on Thursday on the TSX. A large portion of Nuvei’s customers are centered around the sports-betting industry, a growing part of the online world. Date: ┬áSeptember 17, 2020 Source:… Read more »

Huge IPO for Alibaba

Posted by & filed under Accounting Principles, Advanced Accounting, Intermediate Accounting, IPO's.

Description: In the largest initial public offering (IPO) in US history, Chinese internet marketer, Alibaba, began trading on the New York York Stock Exchange on Friday. Alibaba now has a market capitalization larger than a number of Silicon Valley heavyweights, including Facebook and Amazon. Yahoo, however, may be smiling quietly in the background. As an… Read more »