Thursday, September 17, 2020

Canadian payments company Nuvei surged 31% in its market debut on the Toronto Stock Exchange, after raising $700M in IPO in Canada's largest ever tech offering (Aoyon Ashraf/Bloomberg)

Aoyon Ashraf / Bloomberg:
Canadian payments company Nuvei surged 31% in its market debut on the Toronto Stock Exchange, after raising $700M in IPO in Canada's largest ever tech offering  —  - Online payments firm helped by surge in e-commerce in lockdown  — Caisse-backed company supplies sports betting industry



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...