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Last week in media: Facebook's Libra, Alphabet's YouTube problems and Naspers delays Prosus listing

2019-06-24 07:01:00| Telecompaper Headlines

(Telecompaper) The Telecompaper Stock Index Global Consumer Media was up 3.1 percent in week 25, ahead of the S&P 500 (+2.2%). News Corp (+14%) was the biggest winner, followed by two VOD providers: Netflix (+8.7%) and Bilibili (+8.2%). Seoul Broadcasting (-7.3%), comScore (-7.3%) and Atresmedia (-6.6%) were the weakest shares in our index.

Tags: media week problems listing

 

Uber posts $1bn loss weeks after stock market listing

2019-05-30 22:41:27| BBC News | Business | UK Edition

The taxi company's first set of figures since going public come after its share price slumped.

Tags: posts market stock weeks

 
 

Alibaba to raise USD 20 bln in Hong Kong listing in H2 - report

2019-05-28 09:11:00| Telecompaper Headlines

(Telecompaper) Alibaba plans to raise USD 20 billion via a second listing in Hong Kong. Alibaba previously raised USD 25 billion in its first listing in New York in 2014, in the world's largest initial public offering. Alibaba is working with financial advisers on the planned offering, Bloomberg reports, citing unnamed people with knowledge of the matter. According to the same sources, Alibaba would file a listing application in Hong Kong confidentially in the second half of this year.

Tags: report listing hong kong

 

WeWork office giant plans US share listing

2019-04-30 00:06:20| BBC News | Business | UK Edition

The US firm which offers shared office space around the world is yet to make a profit.

Tags: office share listing plans

 

Jumia: 'Africa's Amazon' in landmark stock market listing

2019-04-12 13:00:46| BBC News | Business | UK Edition

Jumia is worth $1bn-plus and will be the first African tech start-up listed on the New York stock market.

Tags: market stock listing amazon

 

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