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This week: Nubank raises large quantities in IPO. How Bolsonaro received Time’s Individual of the Yr ballot. Free web for college kids. And the most recent on the Well being Ministry hack.
Nubank IPO deemed a hit
The preliminary public providing of Brazilian digital financial institution Nubank exceeded expectations and pushed the corporate’s valuation to over USD 52 million. Share costs closed their first day of buying and selling on the New York inventory change up 14.56 %.
Why it issues. Nubank not solely turned essentially the most invaluable monetary establishment in Latin America, but in addition the sixth-most invaluable firm within the area.
Entry all of The Brazilian Report
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