Reformation is relaunching its swim collection with bio-based EVO by Fulgar fabric. CEO Hali Borenstein says no IPO planned, on track to reach 2025 sustainability targets.
The organizers are calling for the immediate end of the tax and vow to continue peacefully protesting until 'goals are achieved.'
Ibotta has filed a registration statement for its proposed initial public offering (IPO) with the Securities and Exchange Commission (SEC). The number of shares and the price range for the proposed offering have not yet been determined, the provider of digital promotions and performance marketing solutions said in a Friday (March 22) press release. Ibotta intends […]
Chime Financial reportedly plans to launch its initial public offering (IPO) in 2025. The FinTech company aims to do so in the United States but has not yet engaged banks for the IPO, Bloomberg reported Friday (March 22), citing unnamed sources. Chime did not immediately reply to PYMNTS’ request for comment. Chime has been considered an IPO candidate […]
The aging waterfront hotel would get major update.
Politan Capital Management, founded by veteran activist Quentin Koffey, plans to nominate two director candidates to the company’s six-person board.
Azerbaijan now offers visa-on-arrival to Chinese citizens, with direct flights from Beijing to Baku. In an exclusive interview with CGTN's Wang Guan, Hikmat Hajiyev, assistant to the president of the Republic of Azerbaijan, discloses for the first time
Surprises of all shapes and sizes
Newly public Reddit has to level up its performance-driving products, and—after 20 years—figure out how to more fully monetize its signal-rich chat-based content. Reddit’s long-awaited IPO values the platform at $6.5 billion on 2023 revenues of $804 million (98% driven by ads), with a loss of almost $91 million. While it’s growing, it missed its 2021 goal to hit the $1 billion mark in 2023. And its revenue is dwarfed by rivals like Snap (roughly $4.6 billion in 2023, per earnings), let alone...
Ahead of this weekend’s National Women’s Soccer League kickoff, Disney Advertising added two sponsors to its sports marketing roster. Ally and CarMax have officially signed on to sponsor the NWSL on ESPN ahead of the season start on Saturday at 1 p.m. on ABC, ESPN Deportes and ESPN+, with the Kansas City Current taking on Portland Thorns FC. “Disney is the preeminent sports platform, and we continue to acquire sports rights to provide brands with more meaningful opportunities to...
Donald Trump lit up Joe Biden for lying about the bipartisan Senate immigration plan scuttled earlier in 2024.
The free event is geared toward high school string students, ages 13-18, from across the state.