The Australian design software maker has ticked over $2.5 billion in annual revenue and says it has added 1000 new employees in the last year alone as it looks to shore up support from Wall Street.
Marley Spoon is departing the ASX on Monday,the latest of many to depart the local bourse – but this trend looks to be turning around in 2025.
Investors should be wary of piling into initial public offerings (IPOs) because for every Nvidia,Google,Apple or Microsoft that turns out to be a big winner,there are thousands of losers.
Qatar Airways is eager to become a cornerstone shareholder in Virgin,but this brings another complicated twist.
Mexican fast-food chain Guzman y Gomez has clinched its place as the hottest float in years,soaring to a valuation of more than $3 billion on Thursday.
The Australian sharemarket was slightly lower on Thursday,with shares in consumer staples and healthcare companies showing weakness while financials extended recent gains.
There is plenty riding on Mexican food chain Guzman y Gomez’s debut on the ASX,so set your alarm for noon on Thursday for our own Mexican wave.
The burrito chain,which has been eyeing an IPO for years,has had to pull forward its plans on the back of investor demand.
The retail billionaire’s end game appears to go beyond just growing these Australian businesses internationally. Rather,it is a plan to establish each as global brands.
OpenAI CEO Sam Altman was one of many winners as Reddit soared on its Wall Street debut.
The publicity-shy family behind the Condé Nast media empire paid just $US10 million for the company 18 years ago. Now they are set to reap billions.