Hong Kong’s latest bubble tea IPO mints another billionaire

Hong Kong’s latest bubble tea IPO mints another billionaire

CHINA’S insatiable appetite for bubble tea has spawned another billionaire. Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial founder, Yun’an Wang, to US$1.2 billion, according to the Bloomberg Billionaires Index. Shares were sold at HK$9.94 each in the IPO. Wang joins the…

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Hong Kong’s latest bubble tea IPO mints another billionaire

Hong Kong’s latest bubble tea IPO mints another billionaire

CHINA’S insatiable appetite for bubble tea has spawned another billionaire. Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned by its millennial founder, Yun’an Wang, to US$1.2 billion, according to the Bloomberg Billionaires Index. Shares were sold at HK$9.94 each in the IPO. Wang joins the…

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Lyft posts muted first-quarter bookings and profit outlook

Lyft posts muted first-quarter bookings and profit outlook

LYFT issued a disappointing first-quarter gross bookings outlook, following a similarly muted forecast from rival Uber Technologies citing the impact from the extreme winter weather and LA wildfires. Gross bookings for the first three months of 2025 will be US$4.05 billion to US$4.2 billion, Lyft said on Tuesday (Feb 11). Wall Street was expecting US$4.23…

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Liam Payne Death: Roger Nores Addresses Relationship Speculation After Negligent Homicide Charge – E! Online

Liam Payne Death: Roger Nores Addresses Relationship Speculation After Negligent Homicide Charge – E! Online

What else has the investigation included? As the prosecutor’s office noted in its Nov. 7 release, “exhaustive and meticulous actions and measures were taken to clarify the circumstances” around Payne’s death. These include, the release continued, “several dozen testimonies” from hotel employees, family, friends, medical professionals, biochemists and psychiatrists. What’s more, the release added, a…

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Elon Musk Drops Bombshell: Claims this Scam as ‘Biggest Eentitlement fraudver’ in American history

Elon Musk Drops Bombshell: Claims this Scam as ‘Biggest Eentitlement fraudver’ in American history

Elon Musk has alleged massive fraud in US federal entitlement programs, including Social Security. He made this claim on X (formerly Twitter), sparking widespread debate. Social Security benefits are vital for over 70 million Americans, including retirees, survivors, and disabled individuals. Elon Musk X Musk’s statement follows his recent appointment by former President Donald Trump…

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