FlowBank

1127 days ago

Top Tech IPO valuations

The next massive tech company set to go public is Coupang, a South Korean e-commerce platform, at a $51 billion valuation. Nevertheless, this might seem enormous, but it is still far from Alibaba's $167.7 billion or Facebook's 104.2 billion.

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Top Tech IPO valuations

1128 days ago

Sea Ltd. could continue rise into 2021

Sea Ltd. expects revenues to double in 2021 as it continues its growth. Sea is backed by Tencent  and has emerged as a stock market phenomenon since its IPO in 2017. This stock is a top performer in Southeast Asia. Revenue rose $1.6 billion in the last three months of 2020 from $777 million a year earlier. Net loss grew from $523 million to $282 million. Source: Bloomberg

#Technology

1128 days ago

Zoom's revenue keeps soaring long after the pandemic

The quarterly revenues of Zoom Video Communication kept going up through the last fiscal year, which ended in January 31st, 2021. Following a 169-percent revenue increase in the first quarter, year-over-year revenue growth accelerated to 355, 367 and 369 percent, respectively, in the second, third and fourth quarter. As of March 1st, the company has a market cap of $120 billion, vs $31 billion last year.

#Stocks #Technology
Zoom's revenue keeps soaring long after the pandemic

1129 days ago

Cathie Wood ETF is back with inflows

Cathie Wood's flagship ETF is back with near-record inflows. The worst performance in almost a year was not enough to discourage the demand for the Cathie Wood brand. The Ark Innovation ETF (ARKK) recorded its second-biggest inflow ever on Friday.

#Technology
Cathie Wood is back with inflows

1129 days ago

Roku and Nielsen make a partnership deal

Roku is set to acquire Nielsen's advanced video advertising business thus accelerating Roku's launch of dynamic ad insertion for TV programmers and Marketers.

#Technology
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