Market Valuation | Pixr8 News

3Aug By AnkitaNo Comments

Market

China Replaced by Japan as World’s Second Biggest Stock Market

As per the latest report, World's second-biggest economy China lost its second position as the world's second-biggest stock market by Japan. The latest market figure shows the total Chinese stock market worth USD 6.09 trillion, compared with USD 6.17 trillion in Japan. The US stock market is leading in the world with the total worth of $31 trillion. The Chinese economy suffering from the latest trade war with the US and slowing economy. In late 2014, China overtook the second position from Japan then soared to an all-time high of more than $10 trillion in June 2015. Chinese stock market Shanghai Stock Exchange slum 16% in this year and Industrial and tech stocks have been among the worst performers.

11Jul By Gauri SinghNo Comments

Market

After Tata Group, HDFC Crosses Market Cap of Rs 10 Trillion

HDFC (Housing Development Finance Corporation), which is led by Deepak Parekh has crossed the milestone of market capitalization amounting to Rs 10 trillion. This has marked the company as the second Indian business house after the Tata group to achieve this milestone. This news comes a few days after Deepak Parekh announced his views regarding the succession plan. The company at present has four listed ventures, that are Housing Finance Development Corp. Ltd, HDFC Bank Ltd, life insurance firm HDFC Standard Life Ltd and Gruh Finance Ltd. Whereas, the Tata Group has moreover 30 firms listed on the stock exchange. At the close of trade, the HDFC’s market valuation was at Rs 5,59,633.53 crore, HDFC Ltd was Rs 3,26,776.81 crore, HDFC Standard Life Insurance Company at Rs 95,936.72 crore...

Swiggy Beats Zomato In Terms Of Market Valuation

22Jun By Gauri SinghNo Comments

BUSINESS

Swiggy Beats Zomato In Terms Of Market Valuation

The war between food delivery companies is at the peak from the past few days and is expected to continue for a longer time. The companies are continuing to bag in big capital flows with Swiggy being the recent one to join the league. According to the past news that we all know about Swiggy-Zomato war, with the investment of $210 million in its latest round of funding, Swiggy has reached the market valuation of $1.3 billion and has got the tag of Unicorn. Along with this, the big news is that company has exceeded Zomato in the market valuation of $1.1 billion after a $200 million funding round from Chinese online retailer Alibaba’s payment affiliate Ant Financial. Therefore, Swiggy is now leading the food delivery ecosystem. “With this investment, we will continue to widen Swiggy’s off...

26Mar By Sheldan RungasamyNo Comments

Market

Dropbox Dominates Share Market as Valuation Soared After IPO

Dropbox began its market debut extremely well as shares topped their marketed range in the biggest technology initial public offering (IPO) of the year. One share was valued at $28.48 when the market closed in New York on Friday, thus empowering the file sharing company with a market valuation worth $11.2 billion. They rose over 50% the amount initially asked in their IPO to as high as $31.60. Four years ago, in the company’s last private funding round, Dropbox was valued at $10 billion. The success of Dropbox on the market share could help resolve the one problem that has been restraining Silicon Valley companies from going public – their own heavy price tag. Dropbox first targeted a market valuation at $7.1 billion but the strong demand for the file sharing company’s shares ...