Etsy shares jump 6% after its surprise induction to the S&P 500
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Etsy saw its share prices jump six per cent on Friday after it was unexpectedly added to the coveted S&P 500.
The online marketplace was one of three US companies…
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GameStop shares dive 17% as online sales spike fails to stem losses
GameStop’s shares have divebombed over 17 per cent despite it reporting a 519 per cent increase in online sales during its first quarter.
The video game retailer’s spike in online…
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Ocado to raise £1bn as “COVID‐19 pandemic increases interest” in the online grocer
Ocado is set to raise more than £1 billion in equity as it aims to make the most of “significantly accelerated” interest in online groceries due to the pandemic.
The…
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JD.com starts offering shares for $4bn secondary listing
JD.com is set to raise around $4 billion in shares as it prepares to list on the Hong Kong stock exchange in one of the biggest public offerings of 2020.…
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JD.com launches $2bn share buy-back
JD.com is set to repurchase $2 billion of its own shares over the next two years in an attempt to offset a wider coronavirus sell-off.
The Chinese ecommerce giant announced…
Read MoreJD.com hires Bank of America for Hong Kong listing
Chinese ecommerce platform JD.com has hired Bank of America and UBS to work on a second listing in Hong Kong.
The listing could happen as early as mid-2020, according to…
Read MoreOcado could reach £100 a share by 2030, according to analysts
Shares in online-only grocer Ocado Group Plc could rise tenfold by 2030, according to analysts at Bernstein.
As the supermarket prepares for a new joint venture with Marks & Spencer…
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Ebay sales falter as analysts call Amazon the “primary culprit”
Ebay has seen its shares dive five per cent after it warned investors that it would miss analyst estimates this quarter, with experts citing Amazon as the “primary culprit”.
The…
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Alibaba to close books early on share offer thanks to sizzling demand
Alibaba is set to close its books to investors earlier than planned thanks to sizzling demand for its stocks ahead of its second public listing.
Later this week Alibaba will…
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Alibaba IPO shrinks cash pool in Hong Kong
Alibaba Group’s impending initial public offering is shrinking cash levels in Hong Kong.
The city has spent the past months contending with political protests, with Alibaba’s proposed $13.4 billion (£10.5…
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When you think of Christmas shopping, what springs to mind? The first screening of the John Lewis ad? Maybe the frantic search for Black Friday bargains? Or is it the…