initial public offering

Technology

Airbnb wows Wall Street with spectacular US stock exchange debut

Airbnb more than doubled its share price as soon as it began trading on the Nasdaq, which is pretty bloody good for a company that is still yet to turn an annual profit.

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Aviation

AirAsia plans $US300m IPO for Indonesia

by AFP

Budget carrier AirAsia is planning an initial public offering for its Indonesian affiliate around the middle of next year.

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