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Added on the 06/12/2019 12:15:00 - Copyright : France 24 EN
Business Insider reports that Airbnb is planning to raise $2.6 billion in its mid-December IPO. The IPO would give Airbnb a valuation of up to $35 billion. The company plans to list about 50 million shares at between $44 and $50 per share, a regulatory filing showed. Airbnb will list on the NASDAQ under the symbol "ABNB." It was previously eyeing a $30 billion valuation, with $3 billion in proceeds.
Japanese messenger app Line defies volatile markets with an IPO price range showing strong demand from investors at a time when many companies are scrapping plans to go public. Graham Mackay reports, the company is pitching plans for Asia, but may also be eyeing up a market in the U.S.
US lawmakers vote to reject a standalone Israel aid bill denounced by critics as a "cynical" bid to thwart a cross-party border security and foreign assistance package that would include cash for war-torn Ukraine. IMAGES
An animation of the sixth stage, the “48h Chrono stage”, of the 2024 Dakar Rally in Saudi Arabia: Shubaytah > Shubaytah.The “48h Chrono stage” is one stage held over two days. At 4 pm on the first day, the stage will be stopped and then the participants will head to the nearest of multiple bivouac locations along the route. At 7 am on the second day, the stage will restart and finish in Shubaytah, before everyone transfers to Riyadh for the rest day.
An animation of the sixth stage of the 2023 Dakar Rally in Saudi Arabia: Haʼil > Al Duwadimi
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