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...On Friday the company was trading at $33.92 after soaring over the past two days, but the price remains well below its intraday peak of $79.38....
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...Xiaohongshu is backed by big name venture capitalists including HongShan and GGV Capital, and internet giants Alibaba and Tencent....
...ultimate and perhaps inevitable inversion of the starting point of the world wide web, which was all about helping users easily find and navigate the multitude of original web pages that sprang up as the internet...
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...Its shares traded at around $5 on Tuesday versus a peak of $82 in August. The global EV crown is up for grabs as brand loyalty towards gas-powered cars fades....
...The number of new listings also fell to 1,298 from 1,415 a year earlier and a 2021 peak of 2,436....
...The dispute blew up into the biggest conflict between the internet giants and a national government over news subsidies since Australia became the first country to pass a law on the issue in 2021....
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...After so much success, observers should question whether “peak pod” approaches. There are two other reasons to do so beyond pure mean reversion. The first is that size matters....
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...The ticket will be needed on 29 peak travel days this year, and rolled out full-time next year....
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