Thursday, August 6, 2020

Intercontinental Exchange has agreed to buy mortgage software company Ellie Mae for $11B from Thoma Bravo, which acquired it last year at a $3.7B valuation (Financial Times)

Financial Times:
Intercontinental Exchange has agreed to buy mortgage software company Ellie Mae for $11B from Thoma Bravo, which acquired it last year at a $3.7B valuation  —  Acquisition of Ellie Mae for $11bn moves NYSE-owner deeper into home loan technology  —  New York Stock Exchange owner Intercontinental Exchange …



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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...