The Biggest IPOs Ever! Jack Ma’s Ant Financial Set to Break the Record

Biggest IPO of all time

The record for the biggest IPO ever currently belongs to the Saudi state owned oil giant Saudi Aramco. It’s IPO in December 2019 was the biggest IPO till date. The Saudi company raised over $29.4 billion in the IPO. The company was valued at $1.7 trillion then. Jack Ma’s Ant Financial is all set to break the record as it plans to raise over $30 billion from its IPO on the Shanghai Stock Exchange & Hong Kong stock exchange. Continue reading “The Biggest IPOs Ever! Jack Ma’s Ant Financial Set to Break the Record”

Apple Touches Market Capitalization of $2 Trillion

Apple becomes a 2 trillion company

Apple became the most valuable publicly traded company in the world and also the second company ever to reach market capitalisation of $2 trillion. Apple reached this land mark when its share price touched the $467.77 mark on 19th August 2020. Saudi Aramco achieved the $2 trillion market capitalisation back in December 2019. Since then Aramco’s stock price has gone down and is below $2 trillion. As of 22 August 2020, Apple stock is trading at $497.48 & the company’s market capitalisation is $2.127 trillion. Continue reading “Apple Touches Market Capitalization of $2 Trillion”

5 Things That Make You Indispensable At Work

Indispensable at work

The recent Corona pandemic has exposed the vulnerabilities of young professionals. The US market saw an unprecedented unemployment rate of 14.7% in April 2020, which dropped to 11.1% in June 2020. India had an unemployment rate of 23.5% in April 2020 and by June 2020 it dropped to 10.99%. While the unemployment rate shows improvement and recovery, it leaves employees feeling overwhelmed and stressed.
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7 Business Opportunities for Entrepreneurs in the Post COVID World

Business Opportunities for Entrepreneurs

The Asian Development Bank(ADB) reports that world wide losses due to coronavirus pandemic could be in the range of $5.8 to $8.8 trillion equivalent to 6.4 percent to 9.7 percent of the global GDP. The World Bank baseline forecast envisions a 5.2 percent contraction in global GDP in 2020. It will be the deepest global recession in decades according to the World Bank.

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