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Shopify shares drop after market close following secondary offering

Shopify shares drop after market close following secondary offering

Shares of Shopify dropped more than 5% during extended trading after the company announced a new offering of 1.9 million Class A subordinate shares.

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J. Crew’s Madewell brand files to go public

J. Crew’s Madewell brand files to go public

J. Crew has been reportedly exploring multiple options to turn around its business amid declining sales, including spinning off Madewell.

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Alibaba buys Chinese e-commerce business Kaola for $2 billion

Alibaba buys Chinese e-commerce business Kaola for $2 billion

Kaola is one of the biggest Chinese e-commerce sites focused on selling imported goods in the country, alongside Alibaba's Tmall Global and JD.com's JD Worldwide.

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Exxon agrees to sell Norway oil and gas assets for $4 billion, sources say

Exxon agrees to sell Norway oil and gas assets for $4 billion, sources say

Exxon Mobil has agreed to sell its Norwegian oil and gas assets for up to $4 billion, in a move that marks the U.S. firm's exit from production in the country where it has operated…

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Saudi Aramco to replace chairman in a push to get IPO moving

Saudi Aramco to replace chairman in a push to get IPO moving

Saudi oil giant Aramco will be getting a new chairman to replace Energy Minister Khalid al Falih as the company moves ahead with its IPO.

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BP sells Alaska assets to Hilcorp Alaska for $5.6 billion

BP sells Alaska assets to Hilcorp Alaska for $5.6 billion

BP, a major player on Alaska's North Slope for decades, announces it is selling all of its assets in the state.

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Hasbro to buy Peppa Pig owner in $4 billion all-cash deal

Hasbro to buy Peppa Pig owner in $4 billion all-cash deal

The deal adds the independent studio with preschool brands such as Peppa Pig to the U.S. company known for Nerf and Power Rangers.

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US antitrust law enforcers have Big Tech in their sights. Here’s what’s happening

US antitrust law enforcers have Big Tech in their sights. Here’s what’s happening

U.S. antitrust law, long out of the spotlight, has burst back onto the scene. Watch this video to see why antitrust is back and how the law works.

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This woman sold her app for $85 million — here’s the common mistake she sees in start-ups

This woman sold her app for $85 million — here’s the common mistake she sees in start-ups

Mette Lykke, CEO of food waste organization Too Good to Go, co-founded fitness app Endomondo and sold it to U.S. firm Under Armour in 2015.

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Why luxury online retailer Farfetch’s stock cratered despite acquisition of megabrand

Why luxury online retailer Farfetch’s stock cratered despite acquisition of megabrand

Farfetch shares sank 45% Friday, after the luxury e-commerce company said it planned to acquire New Guards Groups, owner of popular streetwear brand Off-White, for $675 million.

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