Didi Chuxing, China’s Uber Technologies Inc (NYSE:UBER), published its filing to hold an initial public offering (IPO) in the U.S. It could be t.
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has filed its Annual Report on Form 20-F for the year ended March 31, 2021 with the U.S. Securities and Exchange Commission on June 9, 2021 (U.S. time) and will furnish the same to its American Depository Shares (ADS) holders on its website in lieu of a physical distribution.
Wipro Limited , a leading global information technology, consulting and business process services company, today announced that it has filed its Annual Report on Form 20-F for the year ended March. | June 10, 2021
It’s Too Early to Pronounce Direct Listing Supremacy over IPOs
Do Direct Listings Complement IPO Route?
A backer seeks a return on investments. No newly incorporated company can quickly raise capital from the public, and hence, venture capitalists (VCs), private equity (PE) firms and other seed capital providers come into play. Most VCs and PEs run a for-profit business. Profit booking is the cornerstone of investment. How easily and quickly can the backer book profit by liquidating holdings shapes most investment decisions.
The Securities and Exchange Commission (SEC) recently greenlit Nasdaq’s proposal, allowing companies to raise fresh capital by using the direct listing route, which a few experts believe can make the traditional initial public offer (IPO) route obsolete. The SEC’s stance builds on the momentum that kicked off in the last month of 2020 when a similar proposal by NYSE received the regulator’s nod. In theory, this means companies can go public without app
China Finance Online Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
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BEIJING, May 17, 2021 /PRNewswire/ China Finance Online Co. Limited ( China Finance Online , or the Company , we , us or our ) (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Financial Highlights
Net revenues grew 12.3% year-over-year to $9.8 million.