StubHub eyes summer IPO, seeks $16.5 billion valuation

StubHub eyes summer IPO, seeks .5 billion valuation

StubHub is eyeing a summer initial public offering, a person familiar with the matter told CNBC. The online ticketing service is aiming for a valuation of at least $16.5 billion, which is what it was valued at in late 2021 during its latest round of private funding. The company has …

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Trump tries to boost support for Truth Social as DJT stock tanks

Trump tries to boost support for Truth Social as DJT stock tanks

Donald Trump on Friday urged his followers to support his social media app Truth Social, as its parent company’s stock continues to sink lower. Trump in a post on that app said he believes Truth Social embodies the political “movement” behind his “Make America Great Again” presidential campaign slogan, adding …

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Indian Railways awards big steel procurement orders for Rs 1,586 crore; Tata, SAIL, Jindal among top 5 companies to bag contracts – Times of India

Indian Railways awards big steel procurement orders for Rs 1,586 crore; Tata, SAIL, Jindal among top 5 companies to bag contracts – Times of India

Indian Railways awards big steel tenders! Steel Authority of India Limited (SAIL), Tata Steel, Jindal Stainless Limited (JSL), ArcelorMittal Nippon Steel (AM/NS) and Jindal Steel and Power Limited (JSPL) have secured steel supply contracts valued at Rs 1,586.39 crore from the Indian Railways.Officials familiar with the matter told ET that …

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ADB raises India growth forecast to 7% from 6.7% – Times of India

ADB raises India growth forecast to 7% from 6.7% – Times of India

The Asian Development Bank increased India’s growth forecast to 7 per cent, emphasizing the impact of FDI inflow, weather shocks, and global inflation risks. Central banks may tighten financial conditions in response to negative global shocks. It also estimated inflation to stay around 4.6 per cent in 2024. ADB had …

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