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(1) Booktopia - IPO of the largest independent online book retailer in Australia Australian online book retailer, Booktopia, launched an Initial Public Offering (IPO) on
(1) Booktopia - IPO of the largest independent online book retailer in Australia Australian online book retailer, Booktopia, launched an Initial Public Offering (IPO) on 2 November 2020 with the hopes of raising $43.1 million in Capital. Required Review relevant media articles on Booktopia using your search engine. Analyse the potential reasons leading to Booktopia launching its IPO. (2) The cruise industry - can financial performance return to pre-pandemic levels within the next five years? Since the outbreak of COVID-19, the cruise industry has experienced many challenges. Across all cruise companies, this has translated to a steep decline in financial performance. One leading cruiseliner, Carnival, has seen a decline of 50% in its stock price in January 2021 when compared with February 2020 levels (Trefis Team, 2020 "Is Carnival Stock headed back to $40 levels?" accessed 25 November 2021, https://www.forbes.com/sites/greatspeculations/2021/01/05/is- carnival-stock-headed-back-to-40-levels/?sh=63cc39d1499e). Globally, there is much speculation on how long it will take for the cruise industry to return to pre-pandemic financial performance levels. Required Review relevant media articles on the cruise industry using your search engine. Select one leading cruise company. Review current information available on this company. Analyse the financial and non-financial information available to assess the likely financial performance of this company over the next five years. Advise whether you think it is likely that this company will return to pre-pandemic financial performance levels within the next five years.(3) Uber buys its competition, Postmates, for $2.65 billion With the competition increasing in food delivery services in 2020, Uber announced on July 6, 2020 that it acquired its competition, Postmates, for a staggering $2.65 billion. Required Review media articles on Uber and Postmates. Analyse the likely consequences for Uber of purchasing Postmates. . Assume you are a consultant to Uber prior to the acquisition. Advise Uber whether you would have recommended it buy Postmates under the acquisition conditions listed
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