Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, has signed a definitive agreement to acquire Depop, a privately-held, community-led, and purpose-driven marketplace for unique fashion for $1.625 billion consisting primarily of cash, subject to certain adjustments for Depop’s working capital, transaction expenses, cash and indebtedness, and certain deferred and unvested equity for Depop management and employees. Continue reading
NEW YORK, NEW YORK, UNITED STATES (NOVEMBER 8, 2017) (NYSE) – Wall Street closed at a record high on Wednesday (November 8) as Apple’s AAPL.O market capitalization climbed above the $900 billion mark and videogame makers rallied. Continue reading
Shares of the streaming box maker rose about 30 percent minutes after they debuted on the Nasdaq Stock Market Thursday. Fred Katayama reports. Continue reading
U.S. stocks rise sharply in a dramatic turnaround from deep overnight losses as Wall Street digested the upset presidential election victory of Republican Donald Trump.
Weak forecasts from tech companies including LinkedIn and worries about lofty valuations sends Wall St lower to end the week.