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Rivian Automotive opened Wednesday Nov. 10 on Nasdaq under the ticker symbol RIVN, floating 153,000,000 shares of Class A common stock at an initial public offering price IPO of $78 per share. The offering is expected to close on Nov. 15.Its stock jumped 29% to close at $100.73 for the day. In after-hours trading, it gain more and was trading at $106.50.The gross proceeds from the offering before expenses and commissions are anticipated to be about $11.9 billion. Rivian has granted the underwriters a 30-day option to buy up to 22.95 million shares at the IPO price, acco stanley cup rding to a press release.The offering is the sixth-largest U.S. IPO ever and could be the biggest since Facebook raised $16 billion in 2012, according to media reports.See also: Electric Vehicle Maker Rivian Drives Toward IPO With Amazon Owning 20%Amazon holds a 20 stanley cup percent stake in the electric truck maker, with Ford holding a stake of slightly more than 5 percent. Rivian has a deal to deliver 100,000 vehicles to Amazon by 2025.Founded in 2009 and headquartered in Irvine, California, Rivian is seen as a possible rival to Tesla, and has raised over $10.5 billion at an estimated $80 billion valuation. It started producing and deli stanley cup romania vering vehicles in September.The company will produce an estimated 1,200 vehicles by the end of 2021 at its plant in Normal, Illinois. The company lost nearly $1 billion in the first six months of this year, and estimates that annual production will reach about 150,000 vehicles at it Vikl Consumer Group Wants Banks To Be More Accountable For Transfers To Fake Accounts

PayPal is bringing its educational merchant tool, PassPort, to Belgium to offer information on increasing global sales and expanding profit potential.The various free tools act as a resource to merchants about season sale peaks and holidays, as well as purchasing patterns and global trends, eCommerce News reported Tuesday Nov. 24 .The PayPal PassPort website was first launched last year and is available in other European countries, such as the U.K., Germany, France, the Netherlands, Spain, Portugal, Switzerland and stanley kubek Austria.PassPort is designed to help online merchants with building their international sales via tools and tips concerning various countries, customs and holidays.Some of the data available on PassPort is interactive. One example identified by TechCrunch聽is a timeline that charts sales activity over the last year in terms of what part of the world sees the most sales in any given month.That data will include holidays and other useful information to will help merchants shape prioritization plans. The serv stanley butelka ice is not intended to be a comprehensive analytics service, though it will encourage users to interact with data professionals at PayPal to better apply useful analytics to the stanley polska ir international sales efforts.According to eCommerce News, Belgiums online commerce industry is made up of nearly 6.7 million buyers, with 800,000 of them identifying as PayPal users. The amount of PayPal transactions completed by international consumers at Belgium merchants has spiked by