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Alphabet Market Cap Hits $1T

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tech firm to reach $1 trillion market value, joining Apple, Amazon and Microsoft in hitting the milestone, according to reports on Thursday (Jan. Apple was the first tech giant to see its market cap top $1 trillion. The two men founded Google out of a Menlo Park garage in 2006. per share — a market cap of $964 billion.

Marketing 130
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Bill.com Sets IPO Price Slightly Higher Than Expected

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The price is slightly higher than the expected amount of $19 to $21, which it had originally marketed. The firm’s market capitalization is at $1.56 Since launching in 2006 in Palo Alto, Bill.com has been providing SMBs with automated back-office payment operations, such as payroll and bill payment.

New York 131
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PepsiCo To Expand Energy Drink Share With Rockstar Acquisition

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The move comes as Pepsi and Coca-Cola have both been moving into the energy drinks market, CNBC reported. Energy drinks comprise 92 percent of the total energy market. The country’s snack market is said to be very profitable, seeing a 400 percent increase between 2006 and 2016, per a 2019 study from China’s Ministry of Commerce.

America 130
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SoftBank’s $21 Billion Mobile Unit IPO Slated For December

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According to a report in the Financial Times , the $21 billion initial public offering is slated for December 19 and is being marketed largely to Japanese retail investors who have been allocated slightly more than 87 percent of all the new shares being issued. billion raised in 2006 by Industrial and Commercial Bank of China.

Mobile 134
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US Banks Expected To Lose 200K Jobs To Technology

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In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. Cloud computing, on the other hand, could bring in significant savings, while Big Data would enable “more surgical marketing.”. In separate news, U.S.

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Slimmed-Down Albertsons IPO Raises $800M

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Albertsons’ IPO is the culmination of a saga that began in 2006 when private equity firm Cerberus Capital Management took a major position, with plans to grow the chain into one of North America’s gargantuan power grocers. billion fundraise once anticipated. Shares rose some 1 percent to $16.18 shortly before noon ET.

Idaho 224
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Petco Files For IPO As Demand For Pets Surges During Pandemic 

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Digital rival Chewy has seen its shares go up in excess of 150 percent this year, with a market value of $30.3 Founded in 1965, Petco was last publicly traded in 2006. In 2015, the company mulled going public again but instead was acquired by CVC Capital Partners and Canadian Pension Plan Investment Board for $4.6

Retail 166