After a $300million IPO, The Realreal rose as much as 50% in its first trading day.

The Realreal is curating the world’s largest and most trusted marketplace for authenticated luxury. Joining a list of companies trying to use e-commerce to upend the market for selling secondhand goods. The RealReal accepts designer handbags, watches, clothes and other items from consignors. It inspects each item before listing it for sale on its website and eventually shipping it off to the buyer, taking a … Continue reading After a $300million IPO, The Realreal rose as much as 50% in its first trading day.

Financial Model of Duiba Group, a user management SaaS provider

Duiba Group is a user management SaaS provider for online businesses and the leading interactive advertising platform operator in China. According to iResearch, they ranked first in (i) China’s userDuiba Group is a user management SaaS provider for online businesses and the leading interactive management SaaS market in terms of the number of registered mobile apps as of December 31, 2018 each with DAUs above … Continue reading Financial Model of Duiba Group, a user management SaaS provider

Chinese version of Twitch, DoYou.com looks to IPO again.

DouYu International Holdings Ltd. is a Chinese video-game live-streaming platform backed by social media and gaming giant Tencent. Think of the American version of Twitch, which is owned by Amazon. Fun fact, DouYu stands for Fighting Fish 😊 DouYu is one of China’s top two video-game live-streaming platforms. Its largest competitor, Huya Inc went public in the States over a year ago. Huya currently has … Continue reading Chinese version of Twitch, DoYou.com looks to IPO again.

Robert Bosch & CVC Capital Partners follow the wave of consolidation in the packaging industry

Robert Bosch is a German multinational engineering and technology company. Bosch is mostly known for its consumer goods products (household appliances and power tools). Their other core operating areas are spread across three business sectors; mobility (hardware and software), industrial technology (including drive and control) and energy and building technology. They plan to sell their packaging technology division to global buyout firm CVC Capital Partners … Continue reading Robert Bosch & CVC Capital Partners follow the wave of consolidation in the packaging industry

As EDP continues divesting, Brookfield Asset Management steps in with 2 billion Euros

Brookfield Asset Management Inc. and Endesa SA are among companies weighing bids for a package of EDP-Energias de Portugal SA electricity assets that could fetch about 2 billion euros ($2.3 billion).The bids are expected for about 2 gigawatts of hydroelectric power projects in Spain and Portugal. Brookfield Asset Management Inc. is an alternative asset management company. It has around $330 billion of assets under management, … Continue reading As EDP continues divesting, Brookfield Asset Management steps in with 2 billion Euros

Energean makes timely acquisition

Energean Oil & Gas Plc, an international oil and gas exploration and production company has agreed to buy the oil and gas business of Electricite de France SA’s Italian unit for as much as $850 million. Électricité de France S.A, also known as EDF, is a French electric utility company largely owned by the state and they operate a diverse portfolio in all continents. While … Continue reading Energean makes timely acquisition

World’s second-largest operator of visitor attractions goes private

British based Leisure Group Merlin Entertainment plc operates attractions, hotels and hotel villages across many countries. It is best known for Legoland Resorts, Madame Tussauds wax museums and the London Eye. Last year, it had 67 million visitors at its 120 attractions across 25 countries. CNBC mentioned that it is the world’s second-largest operator of visitor attractions after Disney. Lego’s founding family, private equity group … Continue reading World’s second-largest operator of visitor attractions goes private

Bombardier Inc will sell regional jet business to Japan’s Mitsubishi for $550 million

Based in Montreal and Berlin, Bombardier Inc. is a multinational manufacturer of regional airliners, business jets, and equipment for public transport. The Bombardier Aviation division makes aircrafts, which includes Business Jets such as the Bombardier Challenger Family 350 as well as Commercial Jets such as the Bombardier CRJ700 series. The Bombardier Transportation division produces a wide range of rail equipment related products including passenger rail … Continue reading Bombardier Inc will sell regional jet business to Japan’s Mitsubishi for $550 million

Canada’s largest departmental store chain looks to go private, driving shares up 48%

Physical Retailers have been having a hard time for a long while. However, for Hudson’s Bay, so much can change in a week. Hudson’s Bay Company is a Canadian based retailer with physical departmental stores in North America and Europe. Their more popular names include Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue. Think of Macy’s in the States, Isetan in Japan or Kaufhof in … Continue reading Canada’s largest departmental store chain looks to go private, driving shares up 48%