Chinese Tesla rival NIO files for $1.8 billion IPO in the U.S.
(Reuters) — Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest U.S. listing by a Chinese automaker. The company, backed by Chinese tech heavyweight Tencent, applied for a float of up to $1.8 billion, according to its filing with the Securities and […]
In the twenty years since Movile launched its first technology services in 1998, the technology industry in Latin America has exploded. Technology startups have gone from being an afterthought to being at the forefront of the economic changes sweeping through the region. And Movile’s digital marketplaces, delivery services, and investment capital (powered by Naspers) have, in […]
Demand for healthier ingredients has spread beyond the dinner plate. Interest in cosmetics and skincare products claiming to be “clean” and “natural” has grown in the past two years, with no regulation around either term. “Natural” personal care and beauty products generated more than $1.5 billion in U.S. sales in 2017, according to Nielsen. And the trend isn’t slowing down. A new report from Grand View Research predicts that the global organic personal care industry will reach nearly $25 billion by 2025.
View full size here [Illustrations: Antonio Uve]