Highlighted business news in Taiwan, China and Hong Kong for Dec. 10, 2014
Robinhood, a startup that offers $0 commission stock trading on mobile devices, has raised a $13 million Series A funding to help the company democratize stock trading.
Remember when we were telling you that GoPro would be going public sometime this summer? Well, today was that day and their IPO did pretty damn well for its first day. GoPro is listed on the NASDAQ as GPRO and originally opened at the IPO price of $24 and currently sits at $31.34 which is an increase of over $7 per share and over 30%. This is also one of the most recent hardware IPOs in recent history and clearly shows the market’s fatigue with software company IPOs and the desire to invest in tangible hardware companies. At the opening of trading today and once