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Tencent-Backed Game Developer Shift Up Shares Jump 49% After $320 Million IPO - Bloomberg
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class="styles_insertsContainer__YP2xJ"></div><div class="body-content"><p class="media-ui-Paragraph_text-SqIsdNjh0t0-" data-component="paragraph">Game developer <a href="https://www.bloomberg.com/quote/462870:KS" target="_blank" rel="noopener" class="media-ui-Link_link-tVkXhPLPofs-" data-component="link">Shift Up Corp.</a> jumped 18% in its first day of trade in South Korea after an initial public offering that raised 435 billion won ($320 million), the largest in the country for a gaming firm in almost three years. </p><p class="media-ui-Paragraph_text-SqIsdNjh0t0-" data-component="paragraph">The shares ended the session at 71,000 won. The startup, which has China’s <a href="https://www.bloomberg.com/quote/700:HK" target="_blank" rel="noopener" class="media-ui-Link_link-tVkXhPLPofs-" data-component="link">Tencent Holdings Ltd</a>. as its second-largest holder, sold nearly 7.3 million shares at 60,000 won each, the top of a marketed range. 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All Rights Reserved.</span></div></div></div></div></div></div></div></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"story":{"abstract":["Tencent-backed firm sold shares at the top of an offered range","It’s the largest Korean IPO by a gaming firm since Krafton"],"archived":false,"adTargeting":{"adCode":"bloomberg/technology/article","suid":"SGCFURT0AFB400","page":"article","currentResource":"Story|SGCFURT0AFB400","ni":"ASIA,ASIASTK,BUSINESS,EQUITYKEY,INI,ITSVC,MARKETS,TEC","tagr":"","kwl":"biz_vacheron_2021,biz_ubsfeb2024,biz_microsoftcopilot,biz_mercuryjuly_aug_2024,biz_chanel102124,biz_richemont,biz_chaseunitedcard25","sites":"technology","__typename":"AdTargeting","contextTopics":"ipos,emerging-markets","contextRegion":"Asia","contextCountry":"KR","contextTagTypes":"Topic","isWeekend":false,"thematic":"technology,innovative-tech,markets,financial-advising,business","tr":["trigron","goldu","sgxu","sgoldd","travd","legatruutest","testblend","teston","ipos","volx","globaltrade","tradewars","Earnings","Cboevixu","rty_down","ccmp_down","spx_down","indu_down","isharesbetfdown","iSharesBitcoin","tastyvixup","krbt"],"record":"video-games"},"assistance":[{"id":null,"name":"Jenny Seung Min Lee"},{"id":null,"name":"Shinhye Kang"}],"attributor":"bn","authoredRegion":"Global","authors":[{"id":"18617671","editorialBoard":false,"bio":"","name":"Filipe Pacheco","twitter":"filipepacheco","profileSlug":"18617671-filipe-pacheco","slug":"ARwVRxKXSgU/filipe-pacheco","thumbnail":{"alt":null,"caption":null,"credit":null,"height":160,"id":"391594829","origHeight":2000,"origWidth":2000,"size":null,"title":"","type":"image","url":"https://assets.bwbx.io/images/users/iqjWHBFdfxIU/idJ_kQulZwBY/v2/piUjdcePl62Og/160x160.jpg","width":160,"themes":null,"__typename":"Image"},"photoDisplayed":true,"roles":["by","reporter"],"__typename":"Person","profileUrl":"ARwVRxKXSgU/filipe-pacheco"},{"id":"20766373","editorialBoard":false,"bio":"","name":"Youkyung Lee","twitter":"YKreports","profileSlug":"20766373-youkyung-lee","slug":"ATzepS8Eyck/youkyung-lee","thumbnail":{"alt":null,"caption":null,"credit":null,"height":160,"id":"407698541","origHeight":1008,"origWidth":1008,"size":null,"title":"","type":"image","url":"https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i3VMNbtVrj1Q/v1/piUjdcePl62Og/160x160.jpg","width":160,"themes":null,"__typename":"Image"},"photoDisplayed":true,"roles":["by","reporter"],"__typename":"Person","profileUrl":"ATzepS8Eyck/youkyung-lee"}],"audios":[],"body":{"type":"document","content":[{"type":"inline-newsletter","data":{"position":"top"},"content":[]},{"type":"paragraph","data":{},"content":[{"type":"text","value":"Game developer "},{"type":"entity","subType":"security","data":{"security":{"identifiers":{"parsekey":"462870 KS Equity"}},"link":{"href":"bbg://securities/462870%20KS%20Equity","title":"Company Overview","itemscope":"itemscope","itemprop":"StoryLink","tooltip":"Company Overview","destination":{"bbg":"bbg://securities/462870%20KS%20Equity"}}},"content":[{"type":"text","value":"Shift Up Corp."}],"meta":{"type":"SecurityLink","security":"462870 KS Equity"}},{"type":"text","value":" jumped 18% in its first day of trade in South Korea after an initial public offering that raised 435 billion won ($320 million), the largest in the country for a gaming firm in almost three years. 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1000\u003c/p\u003e\u003c/div\u003e\u003c/section\u003e \u003c/li\u003e\n \u003cli class=\"bb-that__col bb-that__col--md\"\u003e\n \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--company--4\" class=\"bb-that-category__title\"\u003eCompany\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--company--4\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"About\" data-label=\"bcom\" tabindex=\"0\"\u003eAbout\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/what-we-do/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Careers\" data-label=\"bcom\" tabindex=\"0\"\u003eCareers\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/diversity-inclusion/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Diversity and Inclusion\" data-label=\"bcom\" tabindex=\"0\"\u003eDiversity and Inclusion\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/values/tech-at-bloomberg/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Tech At Bloomberg\" data-label=\"bcom\" tabindex=\"0\"\u003eTech At Bloomberg\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/philanthropy/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Philanthropy\" data-label=\"bcom\" tabindex=\"0\"\u003ePhilanthropy\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/sustainability/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Sustainability\" data-label=\"bcom\" tabindex=\"0\"\u003eSustainability\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/london/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg London\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg London\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/values/tech-at-bloomberg/bloomberg-beta/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Beta\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Beta\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--communications--5\" class=\"bb-that-category__title\"\u003eCommunications\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--communications--5\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/announcements/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Press Announcements\" data-label=\"bcom\" tabindex=\"0\"\u003ePress Announcements\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca 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class=\"bb-that-category__social-link bb-that--icon-instagram\" data-element=\"tophat-link\" data-description=\"Instagram\" data-label=\"bcom\" target=\"_blank\" rel=\"noopener\" tabindex=\"0\"\u003eInstagram\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca href=\"https://www.linkedin.com/company/2494\" class=\"bb-that-category__social-link bb-that--icon-linkedin\" data-element=\"tophat-link\" data-description=\"LinkedIn\" data-label=\"bcom\" target=\"_blank\" rel=\"noopener\" tabindex=\"0\"\u003eLinkedIn\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca href=\"https://twitter.com/bloomberg\" class=\"bb-that-category__social-link bb-that--icon-twitter\" data-element=\"tophat-link\" data-description=\"Twitter\" data-label=\"bcom\" target=\"_blank\" rel=\"noopener\" tabindex=\"0\"\u003eTwitter\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca href=\"https://www.youtube.com/@bloomberglp\" class=\"bb-that-category__social-link bb-that--icon-youtube\" data-element=\"tophat-link\" data-description=\"YouTube\" data-label=\"bcom\" target=\"_blank\" rel=\"noopener\" tabindex=\"0\"\u003eYouTube\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003c/li\u003e\n \u003cli class=\"bb-that__col bb-that__col--md\"\u003e\n \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--products--7\" class=\"bb-that-category__title\"\u003eProducts\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--products--7\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/bloomberg-terminal/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Terminal\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Terminal\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/data/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Data\" data-label=\"bcom\" tabindex=\"0\"\u003eData\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/trading/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Trading\" data-label=\"bcom\" tabindex=\"0\"\u003eTrading\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/risk/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Risk\" data-label=\"bcom\" tabindex=\"0\"\u003eRisk\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/compliance/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Compliance\" data-label=\"bcom\" tabindex=\"0\"\u003eCompliance\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/indices/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Indices\" data-label=\"bcom\" tabindex=\"0\"\u003eIndices\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--industry_products--8\" class=\"bb-that-category__title\"\u003eIndustry Products\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--industry_products--8\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://pro.bloomberglaw.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Law\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Law\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://pro.bloombergtax.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Tax\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Tax\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://about.bgov.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Government\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Government\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://about.bnef.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"BloombergNEF\" data-label=\"bcom\" tabindex=\"0\"\u003eBloombergNEF\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003c/li\u003e\n \u003cli class=\"bb-that__col bb-that__col--md\"\u003e\n \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--media--9\" class=\"bb-that-category__title\"\u003eMedia\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--media--9\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/markets/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Markets\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Markets\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/technology/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Technology\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Technology\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/pursuits/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Pursuits\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Pursuits\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/politics/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Politics\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Politics\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/opinion/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Opinion\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Opinion\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/businessweek/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Businessweek\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Businessweek\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberglive.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Live Conferences\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Live Conferences\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloombergradio.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Radio\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Radio\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/live?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Television\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Television\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/news-bureaus/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"News Bureaus\" data-label=\"bcom\" tabindex=\"0\"\u003eNews Bureaus\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--media_services--10\" class=\"bb-that-category__title\"\u003eMedia Services\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--media_services--10\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/distribution?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Media Distribution\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Media Distribution\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloombergmedia.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Advertising\" data-label=\"bcom\" tabindex=\"0\"\u003eAdvertising\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003c/li\u003e\n \u003c/ul\u003e\n\n \u003cul class=\"bb-that__sitemap-sections bb-that--visible-sm\"\u003e\n \u003cli class=\"bb-that__col bb-that__col--sm\"\u003e\n \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--company--11\" class=\"bb-that-category__title\"\u003eCompany\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--company--11\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"About\" data-label=\"bcom\" tabindex=\"0\"\u003eAbout\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/what-we-do/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Careers\" data-label=\"bcom\" tabindex=\"0\"\u003eCareers\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/diversity-inclusion/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Diversity and Inclusion\" data-label=\"bcom\" tabindex=\"0\"\u003eDiversity and Inclusion\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/values/tech-at-bloomberg/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Tech At Bloomberg\" data-label=\"bcom\" tabindex=\"0\"\u003eTech At Bloomberg\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/philanthropy/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Philanthropy\" data-label=\"bcom\" tabindex=\"0\"\u003ePhilanthropy\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/sustainability/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Sustainability\" data-label=\"bcom\" tabindex=\"0\"\u003eSustainability\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/london/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg London\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg London\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/values/tech-at-bloomberg/bloomberg-beta/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Beta\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Beta\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--communications--12\" class=\"bb-that-category__title\"\u003eCommunications\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--communications--12\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/announcements/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Press Announcements\" data-label=\"bcom\" tabindex=\"0\"\u003ePress Announcements\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/press-contacts/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Press Contacts\" data-label=\"bcom\" tabindex=\"0\"\u003ePress Contacts\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--follow--13\" class=\"bb-that-category__title\"\u003eFollow\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--follow--13\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca href=\"https://www.facebook.com/Bloomberglp\" class=\"bb-that-category__social-link bb-that--icon-facebook\" data-element=\"tophat-link\" data-description=\"Facebook\" data-label=\"bcom\" target=\"_blank\" rel=\"noopener\" tabindex=\"0\"\u003eFacebook\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca href=\"https://www.instagram.com/bloomberg/\" class=\"bb-that-category__social-link bb-that--icon-instagram\" data-element=\"tophat-link\" data-description=\"Instagram\" data-label=\"bcom\" target=\"_blank\" rel=\"noopener\" tabindex=\"0\"\u003eInstagram\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca href=\"https://www.linkedin.com/company/2494\" class=\"bb-that-category__social-link bb-that--icon-linkedin\" data-element=\"tophat-link\" data-description=\"LinkedIn\" data-label=\"bcom\" target=\"_blank\" rel=\"noopener\" tabindex=\"0\"\u003eLinkedIn\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca href=\"https://twitter.com/bloomberg\" class=\"bb-that-category__social-link bb-that--icon-twitter\" data-element=\"tophat-link\" data-description=\"Twitter\" data-label=\"bcom\" target=\"_blank\" rel=\"noopener\" tabindex=\"0\"\u003eTwitter\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca href=\"https://www.youtube.com/@bloomberglp\" class=\"bb-that-category__social-link bb-that--icon-youtube\" data-element=\"tophat-link\" data-description=\"YouTube\" data-label=\"bcom\" target=\"_blank\" rel=\"noopener\" tabindex=\"0\"\u003eYouTube\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003c/li\u003e\n \u003cli class=\"bb-that__col bb-that__col--sm\"\u003e\n \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--products--14\" class=\"bb-that-category__title\"\u003eProducts\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--products--14\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/bloomberg-terminal/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Terminal\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Terminal\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/data/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Data\" data-label=\"bcom\" tabindex=\"0\"\u003eData\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/trading/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Trading\" data-label=\"bcom\" tabindex=\"0\"\u003eTrading\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/risk/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Risk\" data-label=\"bcom\" tabindex=\"0\"\u003eRisk\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/compliance/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Compliance\" data-label=\"bcom\" tabindex=\"0\"\u003eCompliance\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/professional/products/indices/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Indices\" data-label=\"bcom\" tabindex=\"0\"\u003eIndices\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--industry_products--15\" class=\"bb-that-category__title\"\u003eIndustry Products\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--industry_products--15\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://pro.bloomberglaw.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Law\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Law\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://pro.bloombergtax.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Tax\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Tax\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://about.bgov.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Government\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Government\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://pro.bloombergenvironment.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Environment\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Environment\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://about.bnef.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"BloombergNEF\" data-label=\"bcom\" tabindex=\"0\"\u003eBloombergNEF\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003c/li\u003e\n \u003cli class=\"bb-that__col bb-that__col--sm\"\u003e\n \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--media--16\" class=\"bb-that-category__title\"\u003eMedia\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" aria-labelledby=\"that-list--media--16\"\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/markets/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Markets\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Markets\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/technology/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg[br] Technology\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg\u003cbr /\u003e Technology\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/pursuits/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Pursuits\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Pursuits\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/politics/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Politics\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Politics\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/opinion/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Opinion\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Opinion\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/businessweek/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg[br] Businessweek\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg\u003cbr /\u003e Businessweek\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberglive.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Live Conferences\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Live Conferences\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloombergradio.com/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Radio\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Radio\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/live?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"Bloomberg Television\" data-label=\"bcom\" tabindex=\"0\"\u003eBloomberg Television\u003c/a\u003e\u003c/li\u003e\u003cli class=\"bb-that-category__item\"\u003e\u003ca class=\"bb-that-category__link\" href=\"https://www.bloomberg.com/company/news-bureaus/?utm_source=bloomberg-menu\u0026amp;utm_medium=bcom\" data-element=\"tophat-link\" data-description=\"News Bureaus\" data-label=\"bcom\" tabindex=\"0\"\u003eNews Bureaus\u003c/a\u003e\u003c/li\u003e\u003c/ul\u003e\u003c/section\u003e \u003csection class=\"bb-that-category\"\u003e\n \u003ch3 id=\"that-list--media_services--17\" class=\"bb-that-category__title\"\u003eMedia Services\u003c/h3\u003e\u003cul class=\"bb-that-category__content\" 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