Snap Inc appears set to make a splash next week with the biggest tech stock debut since Facebook Inc, but history suggests investors shut out of the IPO would be better off waiting a bit before trying to buy in.
The NY Stock Exchange will conduct a trial run of Snap Inc's IPO on Saturday to iron out any potential technical glitches for what is expected to be the biggest US technology stock market debut in nearly five years.
After partnering with Alibaba this week, Barbie maker Mattel has joined China's Babytree to create an online learning platform for early childhood development, the latest in the No. 1 U.S. toymaker's push into China.
Indian e-commerce firm Snapdeal expects to turn profitable in the next two years, its CEO said, as the company cuts costs and boosts efficiency in a market currently dominated by homegrown Flipkart as well as Amazon.
The Chinese online retailer opened its Australian and New Zealand headquarters in Melbourne on Saturday, its first expansion in the region as it seeks to tap growing global demand for products from the two countries.