Wednesday, June 17, 2020

Chinese e-commerce giant JD.com rises ~6% in its debut in Hong Kong after raising $3.9B (Bloomberg)

Bloomberg:
Chinese e-commerce giant JD.com rises ~6% in its debut in Hong Kong after raising $3.9B  —  - JD's listing followed NetEase's coming-out party a week ago  — Alibaba, JD and NetEase bode well for future Chinese debuts  —  JD.com Inc. soared about 6% in its Thursday debut in Hong Kong …



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...