Chinese ecommerce retailer Alibaba sold a record $9.3bn worth of goods in a single day yesterday. That single day, was Singles’ Day! Never heard of Singles’ Day? You’re obviously not doing business in China (or if you are you won’t be for much longer!) Singles’ Day is China’s answer to Valentine’s Day, celebrated every year on 11/11 […]
Tag Archives | New York Stock Exchange
What Are You Worth to Twitter?
So Twitter’s first day on Wall Street has come to a close. For a company that has yet to make a profit, they couldn’t have asked for a better IPO, but starting today they will dance to a different tune of shareholder and analyst expectations. So what exactly is this value that investors scrambled to […]
Evan Williams Makes $1bn in 30 Minutes
Twitter stock has surged almost 75% in the opening minutes of trading on the New York Stock Exchange reaching . The Telegraph published a table showing how this affects the company’s major investors. Former CEO Evan Williams, who pivoted Odeo into Twitter after abandoning their original podcasting product, just made 1 billion dollars. Related articles […]
Twitter Tweets its IPO Price
Twitter will be floated on the New York Stock Exchange today in an Initial Public Offering of 70 million shares priced at €26. The IPO price was announced last night, appropriately enough on the company’s own platform, with a tweet: We just priced our IPO. pic.twitter.com/NWXaO4Myq0 — Twitter (@twitter) November 6, 2013 They overcame the […]