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Kuaishou IPO: ByteDance's Chinese Rival Mulls Raising $5.4 Billion


Kuaishou IPO: ByteDance s Chinese rival mulls raising $5.4 billion
Kuaishou s valuation may double after its Hong Kong IPO and reach at $60.9 billion, up from the $28.6 billion it achieved in a funding round last year.
Kuaishou app. (PC-Facebook)
Kuaishou Technology, China’s most popular video service after ByteDance’s Douyin, is mulling to raise around $5.4 billion in the world’s biggest internet initial public offering (IPO) since Uber Technologies Inc, reported Bloomberg.
According to the latest development, the Tencent Holdings Ltd-backed short video startup is selling 365 million shares at HK$105 to HK$115 each. The Chinese firm will begin taking investor orders from Monday through January 29 and is all set to list its IPO in Hong Kong on February 5. ....

United States , Hong Kong , Bytedance Douyin , Morgan Stanley , Facebook Inc , Budweiser Brewing Co , America Corp , China Renaissance Holdings Ltd , Tencent Holdings , Kuaishou Technology , Uber Technologies Inc , Tencent Holdings Ltd Backed , Budweiser Brewing , China Renaissance Holdings , Sequoia Capital China , China Renaissance , Tik Tok , Video Sharing App , Stock Market , Kuaishou Ipo , ஒன்றுபட்டது மாநிலங்களில் , ஹாங் காங் , மோர்கன் ஸ்டான்லி , முகநூல் இன்க் , பௌவெய்ஸ்ர் காய்ச்சுதல் இணை , அமெரிக்கா கார்ப் ,

The fastest-growing products and categories during the pandemic: Top Products 2020


The five fastest-growing products
We’ve excluded tobacco products here to give a more accurate picture. Otherwise, it would be dominated and skewed by duty hikes, putting Benson & Hedges, Sterling and Amber Leaf in the top three. 
1. Beef
Steak sales spiked
What a difference a year makes. In 2019, beef was our fastest faller, having lost £77.3m. This year, its place at the top of this meat-rich list is down in great part to a spike in steak sales, after cuts destined for restaurants were redirected to grocery during lockdown. A 9.6% rise in temporary price cuts helped shift the meat, which saw its average price fall by 2.5%. ....

Stella Artois , Budweiser Brewing Co , Amber Leaf , Sicilian Lemon Gin , Cathedral City , Thatchers Gold , ஸ்டெல்லா ஆர்டோய்ஸ் , பௌவெய்ஸ்ர் காய்ச்சுதல் இணை , அம்பர் இலை , சிசிலியன் எலுமிச்சை ஜின் , கதீட்ரல் நகரம் , தாட்சர்கள் தங்கம் ,