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Hajin
2021-12-09
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Hajin
2021-10-28
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Hajin
2021-10-28
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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1635341985,"share":"https://www.laohu8.com/m/news/1171813620?lang=&edition=full","pubTime":"2021-10-27 21:39","market":"us","language":"en","title":"Twitter shares fell more than 7% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1171813620","media":"Tiger Newspress","summary":"Twitter shares fell more than 7% in morning trading.Twitter stock price target cut to $70 from $81 a","content":"<p>Twitter shares fell more than 7% in morning trading.<img src=\"https://static.tigerbbs.com/4af7fd0091c3d6f9cea993923a334e40\" tg-width=\"878\" tg-height=\"599\" referrerpolicy=\"no-referrer\">Twitter stock price target cut to $70 from $81 at KeyBanc Capital.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Twitter shares fell more than 7% in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwitter shares fell more than 7% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-27 21:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Twitter shares fell more than 7% in morning trading.<img src=\"https://static.tigerbbs.com/4af7fd0091c3d6f9cea993923a334e40\" tg-width=\"878\" tg-height=\"599\" referrerpolicy=\"no-referrer\">Twitter stock price target cut to $70 from $81 at KeyBanc Capital.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171813620","content_text":"Twitter shares fell more than 7% in morning trading.Twitter stock price target cut to $70 from $81 at KeyBanc Capital.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602442825,"gmtCreate":1639061638981,"gmtModify":1639061711876,"author":{"id":"3574509397897093","authorId":"3574509397897093","name":"Hajin","avatar":"https://static.tigerbbs.com/9767941310c76b89db63aab90ccf5120","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574509397897093","authorIdStr":"3574509397897093"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":19,"repostSize":0,"link":"https://laohu8.com/post/602442825","repostId":"2190616275","repostType":4,"repost":{"id":"2190616275","kind":"highlight","pubTimestamp":1639059699,"share":"https://www.laohu8.com/m/news/2190616275?lang=&edition=full","pubTime":"2021-12-09 22:21","market":"us","language":"en","title":"Should You Buy DocuSign Stock on the Dip?","url":"https://stock-news.laohu8.com/highlight/detail?id=2190616275","media":"Motley Fool","summary":"The recent plunge could be a bargain opportunity.","content":"<p>It isn't always easy being the world's leading e-signature solution.</p>\n<p>Shares of the digital agreement service pioneer <b>DocuSign</b> (NASDAQ:DOCU) recently plunged more than 40% overnight in response to a quarterly earnings report most management teams can only dream of. Results recorded during the company's fiscal third quarter (ended Oct. 31, 2021) were in many ways outstanding. That didn't stop investors preoccupied with the stock's extremely high valuation from hammering it lower.</p>\n<p>Is the recent drop an opportunity to buy a terrific business at a relative discount or is this a good stock to avoid? If you're thinking about buying some shares of DocuSign, here's what you should know.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae1bb868442e00c2b966f9357851d00c\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>Why DocuSign stock fell hard</h2>\n<p>In its fiscal third quarter, DocuSign reported revenue that surpassed expectations from the previous quarter. The market pounded the stock because billings that haven't been recognized as revenue yet missed management's own estimate.</p>\n<p>In September, the company told investors to expect third-quarter billings to land in a range between $585 million and $597 million. Instead, the company reported just $565 million.</p>\n<p>That miss had an outsized effect on the stock price because there's a lot of competition for digital agreement services from larger companies like <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> and a slew of smaller players. Despite the threat of competition, DocuSign shares still trade north of 70 times forward earnings expectations. That rich valuation combined with competitive threats makes this stock hypersensitive to any signs there could be a slowdown up ahead.</p>\n<h2>Reasons to buy now</h2>\n<p>DocuSign's estimates may have gotten ahead of themselves, but that doesn't mean physical document delivery is about to mount a comeback. The company expects around $2.1 billion in subscription revenue this year, which is just scraping the surface of the market opportunity for digital agreement services. Altogether, preparing, signing, and managing contracts could generate more than $50 billion in annual sales for the DocuSign Agreement Cloud.</p>\n<p>The company's 1.11 million customers aren't jumping ship for Adobe or smaller rivals. Net dollar retention in the third quarter worked out to 121%, suggesting existing clients are renewing and upgrading their subscriptions.</p>\n<h2>A buy now</h2>\n<p>I'm willing to chalk up the recent dip in billings to unexpected adjustments the company's sales force has had to make in response to the COVID-19 pandemic. For around 18 months, new clients frantically adapting to new work-at-home models were beating a path to DocuSign's door.</p>\n<p>To return to 40% year-over-year growth, DocuSign's sales team probably just needs to dust off its pre-pandemic playbook. New international growth initiatives could help too. In October, DocuSign expanded its partnership with <b><a href=\"https://laohu8.com/S/CRM\">Salesforce</a></b> in order to facilitate agreements around the world.</p>\n<p>International revenue has been outpacing domestic sales but it still has a lot of room to grow. Revenue generated outside of the U.S. represented just 23% of the total in the third quarter.</p>\n<p>At more than 70 times forward earnings expectations, DocuSign might appear overpriced at the moment. With plenty of room to grow and a strong lead on competition in the digital agreement services space, though, this stock has a good chance to grow into its steep valuation.</p>\n<p>There's a lot of potential for volatility as analysts try to forecast DocuSign's future. If you're ready to weather the ups and downs, the recent dip looks like an excellent opportunity to pick up a great high-growth stock at a discount.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should You Buy DocuSign Stock on the Dip?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShould You Buy DocuSign Stock on the Dip?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-09 22:21 GMT+8 <a href=https://www.fool.com/investing/2021/12/09/should-you-buy-docusign-stock-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It isn't always easy being the world's leading e-signature solution.\nShares of the digital agreement service pioneer DocuSign (NASDAQ:DOCU) recently plunged more than 40% overnight in response to a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/09/should-you-buy-docusign-stock-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DOCU":"Docusign","BK4023":"应用软件","BK4528":"SaaS概念"},"source_url":"https://www.fool.com/investing/2021/12/09/should-you-buy-docusign-stock-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2190616275","content_text":"It isn't always easy being the world's leading e-signature solution.\nShares of the digital agreement service pioneer DocuSign (NASDAQ:DOCU) recently plunged more than 40% overnight in response to a quarterly earnings report most management teams can only dream of. Results recorded during the company's fiscal third quarter (ended Oct. 31, 2021) were in many ways outstanding. That didn't stop investors preoccupied with the stock's extremely high valuation from hammering it lower.\nIs the recent drop an opportunity to buy a terrific business at a relative discount or is this a good stock to avoid? If you're thinking about buying some shares of DocuSign, here's what you should know.\nImage source: Getty Images.\nWhy DocuSign stock fell hard\nIn its fiscal third quarter, DocuSign reported revenue that surpassed expectations from the previous quarter. The market pounded the stock because billings that haven't been recognized as revenue yet missed management's own estimate.\nIn September, the company told investors to expect third-quarter billings to land in a range between $585 million and $597 million. Instead, the company reported just $565 million.\nThat miss had an outsized effect on the stock price because there's a lot of competition for digital agreement services from larger companies like Adobe and a slew of smaller players. Despite the threat of competition, DocuSign shares still trade north of 70 times forward earnings expectations. That rich valuation combined with competitive threats makes this stock hypersensitive to any signs there could be a slowdown up ahead.\nReasons to buy now\nDocuSign's estimates may have gotten ahead of themselves, but that doesn't mean physical document delivery is about to mount a comeback. The company expects around $2.1 billion in subscription revenue this year, which is just scraping the surface of the market opportunity for digital agreement services. Altogether, preparing, signing, and managing contracts could generate more than $50 billion in annual sales for the DocuSign Agreement Cloud.\nThe company's 1.11 million customers aren't jumping ship for Adobe or smaller rivals. Net dollar retention in the third quarter worked out to 121%, suggesting existing clients are renewing and upgrading their subscriptions.\nA buy now\nI'm willing to chalk up the recent dip in billings to unexpected adjustments the company's sales force has had to make in response to the COVID-19 pandemic. For around 18 months, new clients frantically adapting to new work-at-home models were beating a path to DocuSign's door.\nTo return to 40% year-over-year growth, DocuSign's sales team probably just needs to dust off its pre-pandemic playbook. New international growth initiatives could help too. In October, DocuSign expanded its partnership with Salesforce in order to facilitate agreements around the world.\nInternational revenue has been outpacing domestic sales but it still has a lot of room to grow. Revenue generated outside of the U.S. represented just 23% of the total in the third quarter.\nAt more than 70 times forward earnings expectations, DocuSign might appear overpriced at the moment. With plenty of room to grow and a strong lead on competition in the digital agreement services space, though, this stock has a good chance to grow into its steep valuation.\nThere's a lot of potential for volatility as analysts try to forecast DocuSign's future. If you're ready to weather the ups and downs, the recent dip looks like an excellent opportunity to pick up a great high-growth stock at a discount.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855668192,"gmtCreate":1635373801745,"gmtModify":1635377376783,"author":{"id":"3574509397897093","authorId":"3574509397897093","name":"Hajin","avatar":"https://static.tigerbbs.com/9767941310c76b89db63aab90ccf5120","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574509397897093","authorIdStr":"3574509397897093"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/855668192","repostId":"1145651584","repostType":4,"repost":{"id":"1145651584","kind":"news","pubTimestamp":1635342974,"share":"https://www.laohu8.com/m/news/1145651584?lang=&edition=full","pubTime":"2021-10-27 21:56","market":"us","language":"en","title":"Ant Group-backed Paytm raises IPO size to $2.44 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1145651584","media":"Reuters","summary":"Indian digital payments leader Paytm has boosted the size of its initial public offering to 183 bill","content":"<p>Indian digital payments leader Paytm has boosted the size of its initial public offering to 183 billion rupees ($2.44 billion) from 166 billion rupees, as existing shareholders look to sell more stake ahead of the country's largest stock market listing.</p>\n<p>Paytm was likely to target a price band of 2,080-2,150 rupees per share for the IPO for a likely valuation of around $20 billion, a source directly aware of the matter told Reuters.</p>\n<p>The company increased the size of its IPO as it received increased investor demand, said the source, who did not wanted to be named as the information was not public.</p>\n<p>Paytm did not immediately respond to a Reuters request for comment.</p>\n<p>Several companies including Paytm have jumped into India's capital markets as investors ride a wave of liquidity that has taken domestic markets to record highs. Food delivery firm Zomato, which also counts China's Ant Group as a shareholder, is up 77% since its listing in July.</p>\n<p>Paytm's offering will open on Nov. 8 and will see top investor Ant Financial sell shares worth 47.04 billion rupees, or nearly half the offer for sale component. Ant currently holds 183.3 million shares, or a 27.9% stake, in Paytm.</p>\n<p>While Paytm did not increase the size of its fresh issue component, which still stands at 83 billion rupees, it expanded the offer for sale part to 100 billion rupees from 83 billion rupees earlier.</p>\n<p>The IPO is likely to be the biggest in India's corporate history, breaking a record held by Coal India, which raised 150 billion rupees more than a decade ago.</p>\n<p>($1 = 74.9493 Indian rupees)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ant Group-backed Paytm raises IPO size to $2.44 billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAnt Group-backed Paytm raises IPO size to $2.44 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-27 21:56 GMT+8 <a href=https://finance.yahoo.com/news/ant-group-backed-paytm-raises-123109769.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Indian digital payments leader Paytm has boosted the size of its initial public offering to 183 billion rupees ($2.44 billion) from 166 billion rupees, as existing shareholders look to sell more stake...</p>\n\n<a href=\"https://finance.yahoo.com/news/ant-group-backed-paytm-raises-123109769.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://finance.yahoo.com/news/ant-group-backed-paytm-raises-123109769.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145651584","content_text":"Indian digital payments leader Paytm has boosted the size of its initial public offering to 183 billion rupees ($2.44 billion) from 166 billion rupees, as existing shareholders look to sell more stake ahead of the country's largest stock market listing.\nPaytm was likely to target a price band of 2,080-2,150 rupees per share for the IPO for a likely valuation of around $20 billion, a source directly aware of the matter told Reuters.\nThe company increased the size of its IPO as it received increased investor demand, said the source, who did not wanted to be named as the information was not public.\nPaytm did not immediately respond to a Reuters request for comment.\nSeveral companies including Paytm have jumped into India's capital markets as investors ride a wave of liquidity that has taken domestic markets to record highs. Food delivery firm Zomato, which also counts China's Ant Group as a shareholder, is up 77% since its listing in July.\nPaytm's offering will open on Nov. 8 and will see top investor Ant Financial sell shares worth 47.04 billion rupees, or nearly half the offer for sale component. Ant currently holds 183.3 million shares, or a 27.9% stake, in Paytm.\nWhile Paytm did not increase the size of its fresh issue component, which still stands at 83 billion rupees, it expanded the offer for sale part to 100 billion rupees from 83 billion rupees earlier.\nThe IPO is likely to be the biggest in India's corporate history, breaking a record held by Coal India, which raised 150 billion rupees more than a decade ago.\n($1 = 74.9493 Indian rupees)","news_type":1},"isVote":1,"tweetType":1,"viewCount":863,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}