Calendario economico forex prospectus
- 21.11.2019
- Sajas
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Zibuyu expects continued high inflation in the U. At the same time, the company has no plans to reduce spending on marketing and advertising due to stiff competition, prompting it to state its profit will fall for all Zibuyu has chosen now to go public in part to fund its self-hosted website to reduce its dependence on Amazon.
In May , the company issued preferred shares to Aloe Tower at a post-investment valuation of about 3. Rival Anker Innovations Zibuyu would trade much higher at That would put it in the same class as e-commerce giants Alibabaand Pinduoduo PDD, which trade at But its smaller scale and large operational risks could force Zibuyu to price its shares at a lower valuation to attract investors — if its latest listing attempt moves ahead.
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