August 14, 2014 | The Israeli online trading company Plus500 announced that it has reached a market cap of $1 billion and seen growth in revenue and profits. The company completed the first half of the year with a 138 percent spike in revenue and a net profit growth of 249 percent to $59 million. Plus500 is a company engaging in contracts for difference (CFDs) online trading of goods, shares, indices, foreign currency, and exchange traded funds (ETFs). The company was founded in 2008 and currently operates in over 50 countries, based out of the United Kingdom.
Subscribe to NoCamels weekly newsletter and get our top stories
Related posts
Israeli Cybersecurity Startup To Provide Training For IDF
October 10, 2024
Johnson & Johnson Completes Purchase Of Israeli Startup V-Wave
October 10, 2024
Weizmann Researchers Create Biodegradable Composite Plastic
October 09, 2024
IIA Funds Further Israeli R&D Into Crustacean Gene Modification
October 09, 2024
Facebook comments