#Chobani confidentially files for IPO, valuation may exceed B

#Chobani confidentially files for IPO, valuation may exceed $10B

“#Chobani confidentially files for IPO, valuation may exceed $10B” Greek-yogurt maker Chobani could be valued at more than $10 billion in its initial public offering, a person familiar with the matter told Reuters on Wednesday, as the company confidentially filed regulatory paperwork for its stock market listing. The food sector has gained investor attention over the past…

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# Robinhood’s cash cow under SEC scrutiny amid IPO filing

# Robinhood’s cash cow under SEC scrutiny amid IPO filing

“# Robinhood’s cash cow under SEC scrutiny amid IPO filing ” Trading platform Robinhood could lose a significant revenue source should the United States Securities and Exchange Commission move to ban the controversial payment for order flows (PFOF) — routing retail trading orders to market makers. Brokers like Robinhood often use the practice to offset…

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#China investigates Didi over cybersecurity days after huge IPO

#China investigates Didi over cybersecurity days after huge IPO

“#China investigates Didi over cybersecurity days after huge IPO” Didi Global’s shares fell more than 10 percent in New York on Friday after China’s cyberspace agency said it had launched an investigation into the Chinese ride-hailing giant to protect national security and the public interest. The Cyberspace Administration of China (CAC) said on its website that Didi was…

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#Robinhood files for IPO amid blockbuster pandemic growth

#Robinhood files for IPO amid blockbuster pandemic growth

“#Robinhood files for IPO amid blockbuster pandemic growth” No-fee trading app Robinhood revealed a massive $80 billion in customer assets amid blockbuster pandemic growth as it filed for its highly anticipated initial public offering on Thursday. In an S-1 filing with the Securities and Exchange Commission, the controversial app said it plans to trade under…

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