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UPDATE: GrubHub's IPO drives investor appetite

The shares of GrubHub Inc. has started trading on the New York Stock Exchange on Friday with investors scrambling to partake on the online food order site, reported Reuters.

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590 venture-backed US companies could be IPO candidates next year - report

Research firm CB Insights revealed in its latest report that IPO activity will most likely be the most active in the technology sector as over 500 companies have healthy trajectories and high valuations.

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