Friday, June 5, 2020

Shift4 Payments, which provides payments processing software for the hospitality industry, closed up 46% on first day of trading, after raising $345M in its IPO (Emily Bary/MarketWatch)

Emily Bary / MarketWatch:
Shift4 Payments, which provides payments processing software for the hospitality industry, closed up 46% on first day of trading, after raising $345M in its IPO  —  Referenced Symbols  —  Investors voiced enthusiasm Friday for a payments business highly levered to an economic rebound.



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How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a "China shedding" strategy, while Shein and Meituan seek non-US growth (Meaghan Tobin/New York Times)

Meaghan Tobin / New York Times : How Chinese tech companies navigate geopolitical tensions: TikTok and Manus adopted a “China shedding” s...