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2021-06-28

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2021-06-24

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These 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today

2021-06-24

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10:45","market":"us","language":"en","title":"These 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1174118119","media":"Motley Fool","summary":"TheNasdaq Composite(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some o","content":"<p>The<b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some of its largest components contributing to gains for the index. 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The electric vehicle mobility and fintech company has largely flown under investors' radars, but today's move reflects greater interest in the industry generally and in the company in particular.</p>\n<p>Ideanomics isn't well-known on Wall Street, but it's attracted a sizable following among individual investors. For many shareholders, Ideanomics' most important business is its mobility segment, which has sought to help commercial bus and truck fleets figure out a better approach toward electrification more broadly. With an approach that includes planning, vehicles, infrastructure, and operational assistance, Ideanomics has aimed to be a one-stop shop for those looking to keep up with changing trends in the EV space.</p>\n<p>However, Ideanomics also has other ambitions. It's aiming to make new financial technology more accessible to companies looking to keep up with the pace of innovation, with specialization in multiple areas such as real estate, commodities, and broker-dealer transactions.</p>\n<p>Ideanomics' recent acquisition of EV tractor company Solectrac gave it a bigger presence in the U.S. market, and that's raised awareness among many investors. The stock remains well below its best levels in recent months, but many are hopeful that the trend that's supporting EV development will help bolster Ideanomics' prospects as well.</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>These 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today</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\">\nThese 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/23/2-unknown-nasdaq-stocks-making-shareholders-richer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TheNasdaq Composite(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some of its largest components contributing to gains for the index. As of 2:15 p.m. EDT Wednesday ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/23/2-unknown-nasdaq-stocks-making-shareholders-richer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LOOP":"Loop Industries Inc","IDEX":"优点互动"},"source_url":"https://www.fool.com/investing/2021/06/23/2-unknown-nasdaq-stocks-making-shareholders-richer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174118119","content_text":"TheNasdaq Composite(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some of its largest components contributing to gains for the index. As of 2:15 p.m. EDT Wednesday afternoon,the Nasdaqwas up another quarter-percent.\nMany major companies have helped lift the Nasdaq higher in recent months. Yet on Wednesday, it was a couple of largely unknown companies that vaulted into the spotlight. Below, we'll look more closely at why Loop Industries(NASDAQ:LOOP) and Ideanomics(NASDAQ:IDEX)deserve a little more attention from investors.\nLoop sustains gains\nShares of Loop Industries moved higher by nearly 20%Wednesday afternoon. The maker of specialized materials from waste plastic and polyester fiber made a key announcement that lifted its stock to its highest levels in three years.\nSouth Korean industrial giant SK Global Chemical agreed to make a $56.5 million investment in Loop, taking a 10% equity stake in the company that values the stock at $12 per share. Loop intends to use the proceeds toward building out a facility in Quebec.\nAt the same time, though, SK and Loop have much larger plans for their joint venture. The companies intend to prepare facility construction in South Korea during the first half of 2022, with the hope of completing four facilities by the end of the decade. All told, Loop hopes to put 400,000 tons of waste plastic and fiber to productive use, saving more than 632,000 metric tons of carbon dioxide emissions annually.\nThe deal acts as a vote of confidence in Loop's business model, which took a hit after short-selling research reports called it into question. When real investors put real money to work, it acts as validation for early shareholders who saw the value of Loop's vision.\nA good idea from Ideanomics\nMeanwhile, shares of Ideanomics were up more than 12% Wednesday afternoon. The electric vehicle mobility and fintech company has largely flown under investors' radars, but today's move reflects greater interest in the industry generally and in the company in particular.\nIdeanomics isn't well-known on Wall Street, but it's attracted a sizable following among individual investors. For many shareholders, Ideanomics' most important business is its mobility segment, which has sought to help commercial bus and truck fleets figure out a better approach toward electrification more broadly. With an approach that includes planning, vehicles, infrastructure, and operational assistance, Ideanomics has aimed to be a one-stop shop for those looking to keep up with changing trends in the EV space.\nHowever, Ideanomics also has other ambitions. It's aiming to make new financial technology more accessible to companies looking to keep up with the pace of innovation, with specialization in multiple areas such as real estate, commodities, and broker-dealer transactions.\nIdeanomics' recent acquisition of EV tractor company Solectrac gave it a bigger presence in the U.S. market, and that's raised awareness among many investors. The stock remains well below its best levels in recent months, but many are hopeful that the trend that's supporting EV development will help bolster Ideanomics' prospects as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128859261,"gmtCreate":1624511067353,"gmtModify":1634005029055,"author":{"id":"3586346180753382","authorId":"3586346180753382","name":"alsk","avatar":"https://static.tigerbbs.com/2935bd6d9bedc1b7a4e3ac5db72afb95","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586346180753382","authorIdStr":"3586346180753382"},"themes":[],"htmlText":"interesting read&nbsp;","listText":"interesting read&nbsp;","text":"interesting read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128859261","repostId":"1171757794","repostType":4,"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":128858151,"gmtCreate":1624511174773,"gmtModify":1634005027291,"author":{"id":"3586346180753382","authorId":"3586346180753382","name":"alsk","avatar":"https://static.tigerbbs.com/2935bd6d9bedc1b7a4e3ac5db72afb95","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586346180753382","authorIdStr":"3586346180753382"},"themes":[],"htmlText":"interesting&nbsp;","listText":"interesting&nbsp;","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/128858151","repostId":"1174118119","repostType":4,"repost":{"id":"1174118119","pubTimestamp":1624502703,"share":"https://www.laohu8.com/m/news/1174118119?lang=&edition=full","pubTime":"2021-06-24 10:45","market":"us","language":"en","title":"These 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1174118119","media":"Motley Fool","summary":"TheNasdaq Composite(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some o","content":"<p>The<b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some of its largest components contributing to gains for the index. As of 2:15 p.m. EDT Wednesday afternoon,the Nasdaqwas up another quarter-percent.</p>\n<p>Many major companies have helped lift the Nasdaq higher in recent months. Yet on Wednesday, it was a couple of largely unknown companies that vaulted into the spotlight. Below, we'll look more closely at why&nbsp;<b>Loop Industries</b>(NASDAQ:LOOP)&nbsp;and&nbsp;<b>Ideanomics</b>(NASDAQ:IDEX)deserve a little more attention from investors.</p>\n<p>Loop sustains gains</p>\n<p>Shares of Loop Industries moved higher by nearly 20%Wednesday afternoon. The maker of specialized materials from waste plastic and polyester fiber made a key announcement that lifted its stock to its highest levels in three years.</p>\n<p>South Korean industrial giant SK Global Chemical agreed to make a $56.5 million investment in Loop, taking a 10% equity stake in the company that values the stock at $12 per share. Loop intends to use the proceeds toward building out a facility in Quebec.</p>\n<p>At the same time, though, SK and Loop have much larger plans for their joint venture. The companies intend to prepare facility construction in South Korea during the first half of 2022, with the hope of completing four facilities by the end of the decade. All told, Loop hopes to put 400,000 tons of waste plastic and fiber to productive use, saving more than 632,000 metric tons of carbon dioxide emissions annually.</p>\n<p>The deal acts as a vote of confidence in Loop's business model, which took a hit after short-selling research reports called it into question. When real investors put real money to work, it acts as validation for early shareholders who saw the value of Loop's vision.</p>\n<p>A good idea from Ideanomics</p>\n<p>Meanwhile, shares of Ideanomics were up more than 12% Wednesday afternoon. The electric vehicle mobility and fintech company has largely flown under investors' radars, but today's move reflects greater interest in the industry generally and in the company in particular.</p>\n<p>Ideanomics isn't well-known on Wall Street, but it's attracted a sizable following among individual investors. For many shareholders, Ideanomics' most important business is its mobility segment, which has sought to help commercial bus and truck fleets figure out a better approach toward electrification more broadly. With an approach that includes planning, vehicles, infrastructure, and operational assistance, Ideanomics has aimed to be a one-stop shop for those looking to keep up with changing trends in the EV space.</p>\n<p>However, Ideanomics also has other ambitions. It's aiming to make new financial technology more accessible to companies looking to keep up with the pace of innovation, with specialization in multiple areas such as real estate, commodities, and broker-dealer transactions.</p>\n<p>Ideanomics' recent acquisition of EV tractor company Solectrac gave it a bigger presence in the U.S. market, and that's raised awareness among many investors. The stock remains well below its best levels in recent months, but many are hopeful that the trend that's supporting EV development will help bolster Ideanomics' prospects as well.</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>These 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today</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\">\nThese 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/23/2-unknown-nasdaq-stocks-making-shareholders-richer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TheNasdaq Composite(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some of its largest components contributing to gains for the index. As of 2:15 p.m. EDT Wednesday ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/23/2-unknown-nasdaq-stocks-making-shareholders-richer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LOOP":"Loop Industries Inc","IDEX":"优点互动"},"source_url":"https://www.fool.com/investing/2021/06/23/2-unknown-nasdaq-stocks-making-shareholders-richer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174118119","content_text":"TheNasdaq Composite(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some of its largest components contributing to gains for the index. As of 2:15 p.m. EDT Wednesday afternoon,the Nasdaqwas up another quarter-percent.\nMany major companies have helped lift the Nasdaq higher in recent months. Yet on Wednesday, it was a couple of largely unknown companies that vaulted into the spotlight. Below, we'll look more closely at why Loop Industries(NASDAQ:LOOP) and Ideanomics(NASDAQ:IDEX)deserve a little more attention from investors.\nLoop sustains gains\nShares of Loop Industries moved higher by nearly 20%Wednesday afternoon. The maker of specialized materials from waste plastic and polyester fiber made a key announcement that lifted its stock to its highest levels in three years.\nSouth Korean industrial giant SK Global Chemical agreed to make a $56.5 million investment in Loop, taking a 10% equity stake in the company that values the stock at $12 per share. Loop intends to use the proceeds toward building out a facility in Quebec.\nAt the same time, though, SK and Loop have much larger plans for their joint venture. The companies intend to prepare facility construction in South Korea during the first half of 2022, with the hope of completing four facilities by the end of the decade. All told, Loop hopes to put 400,000 tons of waste plastic and fiber to productive use, saving more than 632,000 metric tons of carbon dioxide emissions annually.\nThe deal acts as a vote of confidence in Loop's business model, which took a hit after short-selling research reports called it into question. When real investors put real money to work, it acts as validation for early shareholders who saw the value of Loop's vision.\nA good idea from Ideanomics\nMeanwhile, shares of Ideanomics were up more than 12% Wednesday afternoon. The electric vehicle mobility and fintech company has largely flown under investors' radars, but today's move reflects greater interest in the industry generally and in the company in particular.\nIdeanomics isn't well-known on Wall Street, but it's attracted a sizable following among individual investors. For many shareholders, Ideanomics' most important business is its mobility segment, which has sought to help commercial bus and truck fleets figure out a better approach toward electrification more broadly. With an approach that includes planning, vehicles, infrastructure, and operational assistance, Ideanomics has aimed to be a one-stop shop for those looking to keep up with changing trends in the EV space.\nHowever, Ideanomics also has other ambitions. It's aiming to make new financial technology more accessible to companies looking to keep up with the pace of innovation, with specialization in multiple areas such as real estate, commodities, and broker-dealer transactions.\nIdeanomics' recent acquisition of EV tractor company Solectrac gave it a bigger presence in the U.S. market, and that's raised awareness among many investors. The stock remains well below its best levels in recent months, but many are hopeful that the trend that's supporting EV development will help bolster Ideanomics' prospects as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127562139,"gmtCreate":1624857342721,"gmtModify":1633947864360,"author":{"id":"3586346180753382","authorId":"3586346180753382","name":"alsk","avatar":"https://static.tigerbbs.com/2935bd6d9bedc1b7a4e3ac5db72afb95","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586346180753382","authorIdStr":"3586346180753382"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/127562139","repostId":"1140044383","repostType":4,"isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128859261,"gmtCreate":1624511067353,"gmtModify":1634005029055,"author":{"id":"3586346180753382","authorId":"3586346180753382","name":"alsk","avatar":"https://static.tigerbbs.com/2935bd6d9bedc1b7a4e3ac5db72afb95","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586346180753382","authorIdStr":"3586346180753382"},"themes":[],"htmlText":"interesting read&nbsp;","listText":"interesting read&nbsp;","text":"interesting read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128859261","repostId":"1171757794","repostType":4,"repost":{"id":"1171757794","pubTimestamp":1624503500,"share":"https://www.laohu8.com/m/news/1171757794?lang=&edition=full","pubTime":"2021-06-24 10:58","market":"us","language":"en","title":"BuzzFeed Nears Deal to Go Public Via SPAC, Eyeing Digital-Media Rollup","url":"https://stock-news.laohu8.com/highlight/detail?id=1171757794","media":"WSJ","summary":"BuzzFeed Inc. is close to a deal to go public through a merger with a special-purpose acquisition co","content":"<p>BuzzFeed Inc. is close to a deal to go public through a merger with a special-purpose acquisition company, according to people familiar with the situation, part of a plan to consolidate with other players in digital media.</p>\n<p>BuzzFeed founder and Chief Executive Officer Jonah Peretti could announce a deal with 890 5th Avenue Partners Inc.—a blank-check company named after the headquarters of Marvel’s Avengers superheroes and founded by investor Adam Rothstein—as early as this week, the people said.</p>\n<p>The merger deal would generate capital to pursue additional acquisitions, including Complex Networks, a digital publisher that specializes in streetwear, music and pop culture. BuzzFeed is vying for greater scale to better compete for online ad dollars with tech giants such asAlphabetInc.’sGoogle,Amazon.com Inc. andFacebookInc.</p>\n<p>The Information earlierreported on BuzzFeed’s plansto buy rivals, including Complex Networks, as a public company.</p>\n<p>The deal to take BuzzFeed public marks a turning point for Mr. Peretti, a onetime schoolteacher who parlayed his affinity for stunts that went viral on the internet into a winding career as a digital-media entrepreneur. The 47-year-old executive helped found HuffPost alongside Arianna Huffington in 2005 and began work on BuzzFeed in a small workspace in New York’s Chinatown neighborhood in 2006.</p>\n<p>Mr. Peretti hopes the moves to acquire Complex and other companies will give the combined entity enough scale to grow despite the increasing dominance of Google and Facebook over the digital advertising industry, the people said. BuzzFeed will also look to continue its growth in other areas including e-commerce and affiliate commerce—the practice of making money by selling products and referring potential customers to websites that sell products they might be interested in.</p>\n<p>Even with the addition of Complex and other companies, there is no guarantee that BuzzFeed can further enlarge its share of the digital-ad sector. In recent years, most of the growth has gone to Google, Facebook and Amazon, and the Covid-19 pandemiconly accelerated that trend. Those companies—known in the digital-media industry as the “triopoly”—increased their share of the U.S. digital-ad market from 80% in 2019 to a range approaching 90% in 2020, according to an analysis from ad agency GroupM.</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>BuzzFeed Nears Deal to Go Public Via SPAC, Eyeing Digital-Media Rollup</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\">\nBuzzFeed Nears Deal to Go Public Via SPAC, Eyeing Digital-Media Rollup\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 10:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/buzzfeed-nears-deal-to-go-public-via-spac-eyeing-digital-media-rollup-11624485898?mod=hp_lead_pos3><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BuzzFeed Inc. is close to a deal to go public through a merger with a special-purpose acquisition company, according to people familiar with the situation, part of a plan to consolidate with other ...</p>\n\n<a href=\"https://www.wsj.com/articles/buzzfeed-nears-deal-to-go-public-via-spac-eyeing-digital-media-rollup-11624485898?mod=hp_lead_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/buzzfeed-nears-deal-to-go-public-via-spac-eyeing-digital-media-rollup-11624485898?mod=hp_lead_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171757794","content_text":"BuzzFeed Inc. is close to a deal to go public through a merger with a special-purpose acquisition company, according to people familiar with the situation, part of a plan to consolidate with other players in digital media.\nBuzzFeed founder and Chief Executive Officer Jonah Peretti could announce a deal with 890 5th Avenue Partners Inc.—a blank-check company named after the headquarters of Marvel’s Avengers superheroes and founded by investor Adam Rothstein—as early as this week, the people said.\nThe merger deal would generate capital to pursue additional acquisitions, including Complex Networks, a digital publisher that specializes in streetwear, music and pop culture. BuzzFeed is vying for greater scale to better compete for online ad dollars with tech giants such asAlphabetInc.’sGoogle,Amazon.com Inc. andFacebookInc.\nThe Information earlierreported on BuzzFeed’s plansto buy rivals, including Complex Networks, as a public company.\nThe deal to take BuzzFeed public marks a turning point for Mr. Peretti, a onetime schoolteacher who parlayed his affinity for stunts that went viral on the internet into a winding career as a digital-media entrepreneur. The 47-year-old executive helped found HuffPost alongside Arianna Huffington in 2005 and began work on BuzzFeed in a small workspace in New York’s Chinatown neighborhood in 2006.\nMr. Peretti hopes the moves to acquire Complex and other companies will give the combined entity enough scale to grow despite the increasing dominance of Google and Facebook over the digital advertising industry, the people said. BuzzFeed will also look to continue its growth in other areas including e-commerce and affiliate commerce—the practice of making money by selling products and referring potential customers to websites that sell products they might be interested in.\nEven with the addition of Complex and other companies, there is no guarantee that BuzzFeed can further enlarge its share of the digital-ad sector. In recent years, most of the growth has gone to Google, Facebook and Amazon, and the Covid-19 pandemiconly accelerated that trend. Those companies—known in the digital-media industry as the “triopoly”—increased their share of the U.S. digital-ad market from 80% in 2019 to a range approaching 90% in 2020, according to an analysis from ad agency GroupM.","news_type":1},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}