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China Puts Pressure on Audio Platform Ximalaya to file for Hong Kong IPO

China's most powerful audio platform Ximalaya announced it would not proceed with its plans for a US IPO. Instead, the audio platform...

Reddit Seeks Investment Bankers and Lawyers for a $15 Billion IPO

Reddit is hiring investment bankers and lawyers for an initial public offering in New York. A month ago, Reddit...
koffee kup

Koffee Kup Bankruptcy Could Cut Employee Benefits

Koffee Kup Bakery employees have been expecting their wages since the company's sudden closure. Additionally, over $830,000 may drop further to $12,000....
ikea buyback program

Ikea Pilots a BuyBack and Resell Service in the US

IKEA US launched its BuyBack and Resell service. It is a part of the company's goal to become a circular business by...
vehicle tracking,

Vehicle tracking firm Ctrack partners with CTA

Vehicle tracking company Ctrack partners with the Commercial Driving Academy to provide tracing features for training vehicles.

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COVID-19 Drives Down New Car Sales, Used Car Sales Up

The COVID-19 pandemic has significantly impacted consumers’ behaviors and reduced demand for products and services to date in 2020. Automakers have been...

International Trade to Decline Sharply in Second Quarter Due to COVID-19

The United Nations Conference on Trade and Development (UNCTAD) has estimated that international trade will decline 27% in the second quarter. Secondly,...

Queen Mary Sends SOS as Holding Company Files for Bankruptcy

The latest operating company of the Queen Mary, once a transatlantic carrier and now a renowned tourist site, filed for bankruptcy on...

Warburg Pincus Invests $400 Million in WEX to Battle COVID-19 Costs

Warburg Pincus announced today a $400 million dollar investment in WEX, a leading financial technology provider. The investment includes convertible notes in...

Gray Television to Acquire Quincy Media Inc.

Gray Television, Inc. announced on Monday Feb. 1 that it has agreed to acquire Quincy Media Inc. for $925 million. As per...
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