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Airbnb, one of the largest online home rental companies, made a spectacular debut on the Nasdaq last Thursday, with shares more than doubling to give a US$100 billion valuation on its first day of trade. Shares in Airbnb began trading on Thursday at US$146 per share (A$194), rising 115% above its IPO price of US$68,…
Investors ready themselves for Covid-normal And just like that, this crazy year is almost over. As we head into Christmas, Melburnians will breathe a sigh of relief after a marathon lockdown is lifted and the state readies for a “COVID-normal Christmas” – whatever that is. While markets largely shrugged off the COVID effect, it’s been…
Neobank Douugh (ASX: DOU) shares are up 30% at the time of writing, and up a whopping 1100% after a successful backdoor listing on the ASX at 3c. Neobanks (or digital banks) are simply new app-based banks. No branches, no cash, and interaction entirely through a smartphone app. Although dubbed a neobank, Douugh is so…