Business
Deliveroo, the international delivery food app, announced Wednesday a big increase in losses as investment costs ate into rising revenues, adding it planned to exit its struggling Netherlands market.
Aug 10, 2022
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37
Business
Chinese e-commerce giant Alibaba led technology stocks lower in Hong Kong on Monday after US authorities put it on a watchlist that could see it delisted in New York if it does not comply with disclosure orders.
Aug 01, 2022
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7
Business
Twitter's board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a regulatory filing Tuesday.
Jun 21, 2022
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20
Business
International takeaway food app Deliveroo on Thursday announced rising annual losses after costs rose by more than one third, offsetting a surge in home deliveries.
Mar 17, 2022
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6
Automotive
Electric truck maker Rivian soared in its Wall Street debut on Wednesday, making the company worth more than traditional automakers Ford and General Motors.
Nov 10, 2021
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66
Business
International takeaway food app Deliveroo cut losses in the first half as the coronavirus pandemic boosted home deliveries, a results update showed Wednesday.
Aug 11, 2021
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3
Business
Robinhood had a rough start on Wall Street Thursday, falling sharply in its Nasdaq debut after the fast-growing online trading app raised $1.9 billion in an initial public offering.
Jul 29, 2021
0
6
Business
Home-sharing giant Airbnb was set for its Wall Street debut Thursday with a whopping $47 billion valuation amid a feverish rush for new shares in companies adapting to lifestyle changes imposed by the coronavirus pandemic.
Dec 10, 2020
0
5
Business
Home-sharing giant Airbnb, which is scheduled to go public this week, will significantly raise its IPO price, valuing the group at more than $40 billion, the Wall Street Journal reported Sunday.
Dec 07, 2020
0
6
Business
An alliance of 22 European cities urged the EU on Thursday to enact tougher rules on Airbnb and other short-term holiday rental platforms, accusing them of driving up property prices and squeezing out locals.
Sep 17, 2020
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6
