Forbes magazine seeks $630 million sale

["Forbes" magazine seeks 630 million US dollars to sell] On August 4th, the financial magazine "Forbes" (Forbes) recently stated that the company is looking for a buyer and has hired Citigroup to handle the sale. A few months ago, Forbes had planned to go public through a special purpose acquisition company (SPAC) through a backdoor listing, but the plan fell through. Forbes did not disclose the details of the sale price and transaction schedule.

The New York Times, which first reported the news, stated that the price offered by Forbes was at least US$630 million, which was the same as that announced when the SPAC was originally planned to go public, but it is not known whether it is still worth the offer at this time. (Whip Cowman)

Other news:

"Forbes" will hold a metaverse event for members in The Sandbox in November: Golden Finance reports that according to official news from "Forbes", the magazine will hold a member-exclusive metaverse event in The Sandbox on November 10, members can explore A virtual world and NFT gallery filled with iconic Forbes-branded memorabilia, as well as the ability to interact with other members and answer trivia about Forbes and its history, and purchase Forbes-branded NFTs from the Metaverse’s built-in virtual store. [2022/10/31 11:58:49]

"Forbes" released the 2021 Global Blockchain Top 50, and 7 Chinese companies were selected: On Wednesday, "Forbes" officially announced the "2021 Global Blockchain 50" list, including ICBC, 21 companies The company made its debut on the list. Meanwhile, U.S. companies such as Facebook, Google, Amazon, Citigroup and Mastercard fell off the list.

This year is the third consecutive year that Forbes has selected the "Global Blockchain Top 50". Judging from previous selections, about half of the new faces will appear every year. Only 12 companies including Microsoft and Samsung have been on the list for three consecutive years, and Ant Group has become the only company in China to be on the list for three consecutive years with AntChain.

From a trend point of view, the composition of members of the Forbes list is becoming more and more global. In 2019, 33 of the 50 companies (66%) were from the US, and another 13 (26%) were from Europe. In 2020, 30 companies (60%) were from the US and 14 (28%) were from Europe. [2021/2/4 18:52:01]

ITC appeared in "Forbes": A few days ago, the official website of Forbes, a well-known American business magazine, pointed out in the article "Explaining Directed Acylic Graph (DAG), The Real Blockchain 3.0" that DAG technology is blockchain 3.0, and said that the Chinese region based on DAG technology The blockchain project "ITC Everything Chain" may be becoming a leader in this field. [2018/1/23]