$Digital World Acquisition Corp(DWAC.US)$stock price tanked on Wednesday by 19%, after the special purpose acquisition company ($SPAC上市公司(BK2541.US)$) merging with Trump Media & Technology Group$特朗普概念(BK2592.US)$, in a mission to take Trump’s social media site, Truth Social public, suffered after the midterm election results fell short of Republican expectations. DWAC stock has been going through a lot o...
Tim Hortons China and Tencent E-Sports Open Joint Store in Shanghai. Canadian coffee chain Tim Hortons has recently made further progress in plans to list its Chinese business division in the US. Silver Crest, a special purpose acquisition company (SPAC), will hold a general meeting regarding the matter on August 18. After gaining approval in the general meeting, Silver Crest and Tim Hortons China plan to merge and list shares. If the merger with Ti...
$Grab Holdings(GRAB.US)$is a delivery, e-commerce, and fintech company that’s focused on various Southeast Asian markets. The company came public via a special purpose acquisition company$SPAC上市公司(BK2541.US)$. Specifically, it merged with a SPAC named Altimeter Growth Corp recently and changed its ticker symbol to$Grab Holdings(GRAB.US)$. Investors might be tempted by the fact that Grab’s share price is just above $6 and think that it is start...
$Grab Holdings(GRAB.US)$is basically a South East Asian Uber/Eats/Apple Pay/Instacart. The company recently$SPAC上市公司(BK2541.US)$on the American exchanges a few months ago. It promptly crashed immediately after. I averaged down my position and have been holding it since making small amounts of profits to off set my loss on covered calls. As the share price continues to drift slowly downward I am becoming concerned. I have done som...
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jagger_ :
Market cap 25b but only making 2b revenue,last year losses 2.7b ,so what do you think?
102315873 :
I wouldn't say they pushed out Uber. It's more like Uber managed to put an end to their loss making operations by instead getting a huge stake in Grab's essentially for free, while Grab is left to continue trying (and failing) to turn a profit in this hyper competitive market. This deal with Uber is why Grab was forced to IPO so prematurely, as they would otherwise have to face a payout of $2 billion to Uber. Sounds to me like Uber actually came out with a better deal.
As of Friday, special purpose acquisition companies can be listed on the main board of the Singapore Exchange (SGX). Singapore's benchmark index has traditionally been dominated by financial and real estate names. But the exchange has set its sights on attracting technology companies, and it believes that SPAC will be a good way to do so. SPAC can inject much-needed new enthusiasm into the Singapore IPO market, which has been stagnant for many years. $SPAC上市公司(BK2541.US)$
$Digital World Acquisition Corp(DWAC.US)$$SPDR 标普500指数ETF(SPY.US)$$标普500指数(.SPX.US)$$纳斯达克综合指数(.IXIC.US)$$SPAC上市公司(BK2541.US)$
Where now for DWAC and Truth Social after Trump midterm election fail?
DWAC stock has been going through a lot o...
Tim Hortons China Edges Closer to US Listing
Canadian coffee chain Tim Hortons has recently made further progress in plans to list its Chinese business division in the US. Silver Crest, a special purpose acquisition company (SPAC), will hold a general meeting regarding the matter on August 18. After gaining approval in the general meeting, Silver Crest and Tim Hortons China plan to merge and list shares.
If the merger with Ti...
Grab’s Valuation Is Still Far Too Rich
Investors might be tempted by the fact that Grab’s share price is just above $6 and think that it is start...
Trump SPAC tops financial gainers this week, neobank Nu Holdings falls the most
$Digital World Acquisition Corp(DWAC.US)$ surges 31% during the week, with the launch of Trump's Truth Social more than a month away.
$Itau CorpBanca(ITCB.US)$ , a bank operating in Chile an Columbia, rises 16% for the week;
Peru-...
Should I $GRAB and hold this diamond or cut it loose?
I have done som...
Singapore's benchmark index has traditionally been dominated by financial and real estate names.
But the exchange has set its sights on attracting technology companies, and it believes that SPAC will be a good way to do so.
SPAC can inject much-needed new enthusiasm into the Singapore IPO market, which has been stagnant for many years.
$SPAC上市公司(BK2541.US)$
watch ya guys think about payoneer?
I want to buy how
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