France / Français
Business Mag Search: Markets > Technologies
Farfetch Files for IPO on New York Stock Exchange
3 monthes ago - By Fortune
Farfetch, the luxury online marketplace, on Monday filed to list its shares on the New York Stock Exchange, betting it will be more appealing to investors as a tech company than as a Website serving the tumultuous retail industry.
Farfetch said in its initial public offering prospectus filed on Monday that in fiscal 2017, its revenue rose 59% to $385 million, with an after-tax loss of $112,275, a deeper loss than the $81,459 of a year earlier. The London-based company had 935,772 active customers as of December 31, 2017, up 43.6% in a year.
Despite the relatively small size of the...
Read more ...
The headlines of Business Mag
HOLD FAMILY A multiplayer network game for families
Spend more time with your family and less with your phone with the Hold Family app made by us! :)
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
Stocks wipe out 2018 gains as FAANG stocks slide into a bear market
Stocks erased gains for the year Tuesday, dragged lower by the biggest technology companies. FAANG stocks entered a bear market, marking the first in seven years for Google...
Nvidia recovers all its earlier losses after short seller Andrew Left says...
Short seller Andrew Left's firm Citron Research said in a tweet on Tuesday that it's a buyer of Nvidia stock. Shares were down as much as 8% before the tweet amid broader...
Oil prices drop more than 5% to fresh one-year lows
Oil slid further into a bear market Tuesday, hitting fresh one-year lows. Prices have fallen about 25% from recent peaks. Watch oil trade in real time here. Oil prices hit...
Healthcare dealmaking just hit an all-time record of almost $400 billion...
Healthcare dealmaking just hit a record of $398 billion in transactions so far this year. The two biggest deals are very different. One combines two international drugmakers...
Apple falls into bear market territory after Goldman slashes its price...
Goldman Sachs cut its price target on Apple for the third time this month, citing signs of weak iPhone demand in China and other emerging markets. Earlier this month, the...
These are the 25 most powerful militaries in the world in 2018
With its National Defense Strategy released earlier this year, the US detailed its shift from small-scale operations like counterinsurgency and toward a potential fight with a...
Business Travel Market Set to Reach $1.7 Trillion by 2023 - Buying Business...
A new report featuring in-depth analysis predicts that the global business travel industry will be worth nearly US$1.7 trillion by 2023, registering growth of 4.1 per cent.
Joel Greenblatt's flagship fund has beaten 99% of competitors over the past...
Legendary investor Joel Greenblatt runs the Gotham Index Plus fund, which has beaten 99% of its peers over the past three years. The fund's methodology is largely based on...
10 things you need to know before the opening bell
Here is what you need to know. Bitcoin plunges below $4,500. The benchmark cryptocurrency has slumped 22% this week amid a dispute among Bitcoin Cash developers that led to a...
Target is tumbling after disappointing earnings, and it's dragging Kohl's...
Target missed expectations for third-quarter profits and same-store sales, sending shares down as much as 12% early Tuesday. Kohl's and Best Buy beat on both the top and bottom...