Students preparing for the master’s entrance exam in Hainan. (Photo by Sheldon Cooper /SOPA … [+] Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Almost a yea...
Tag: IPO
Rivian since IPO is ‘a bad episode out of the Twilight Zone’: Dan Ives
Rivian (RIVN) is losing its momentum after the electric vehicle carmaker halved its production forecast due to ongoing supply chain challenges. When reporting Q4 2021 earnings, Rivian beat on adjusted...
Flipkart founder’s Navi files for $440 million IPO
Sachin Bansal’s Navi Technologies, a fintech startup that offers customers insurance and loan products, has filed for a $440 million IPO as the 40-year-old entrepreneur who made his money by kick star...
Coupang Lost Nearly Half Its Value in Year Since Its Mega IPO
TipRanks Amazon Split Its Stock 20-for-1 — and That’s Not Even the Best Reason to Buy the Stock On Wednesday, March 9, Amazon (AMZN) dropped a bombshell: For the first time since September 1999, the f...
Singapore Billionaire Ron Sim’s Revamps V3 Group As Unit Revives Hong Kong IPO
Massage chair maker OSIM is V3 Group’s flagship brand. Courtesy of V3 Group Billionaire Ron Sim has revamped his privately held V3 Group into three core businesses after its consumer brands segm...
N26 Plans to Accelerate IPO Efforts
During a recent interview, Maximilian Tayenthal, the Co-CEO of German banking startup N26, announced that the company is planning to accelerate its IPO efforts. He added that N26 will be ‘struct...
German digital bank N26 plans to be ready for IPO by end of 2022
N26 co-CEO Maximilian Tayenthal speaking at a tech conference in London on June 12, 2019. Simon Dawson | Bloomberg via Getty Images BARCELONA — German banking start-up N26 will be prepared for an init...
Volkswagen Wants to Launch Porsche in Pursuit of Tesla
A long-awaited duel in the lucrative and promising electric-vehicle sector is taking shape. It’s a dream poster. And guessing the winner would be difficult as each of the two adversaries have st...
Jinhui Mining Gains Nearly 44% In China Stock Debut As IPO Mints New Billionaire
A security officer wearing a face mask walks in front of the Shanghai Stock Exchange building in … [+] Shanghai in 2020. (AP Photo) ASSOCIATED PRESS Shares in Jinhui Mining, a China processor of...
Volkswagen Plans IPO of Porsche to Ignite EV Shift Momentum
(Bloomberg) — Volkswagen AG is preparing an initial public offering of Porsche, seeking a listing of its most profitable asset to help boost the parent’s valuation and fund the push into electri...
Singapore’s Amber Group Gets Valuation of $3B, Facilitating Potential IPO
Singaporean state investment firm Temasek Holdings Pte and other investors valued cryptocurrency-trading platform Amber Group at $3 billion in a funding round. Amber said that it will use its new fund...
J&T Express Raises $2 Billion In Latest Funding From Temasek, Other Investors Ahead of Hong Kong IPO
The reception area for Temasek Holdings. ROSLAN RAHMAN/AFP via Getty Images Delivery company J&T Express raised $2 billion in a funding round late last year from Temasek Holdings, Hillhouse Capita...
UK neobank Atom raises more than $100 million as it eyes an IPO
advertisement Neobank Atom has raised a round of more than $100 million led by Spanish banking group BBVA and investment manager Toscafund, according to a press release. The round values the neobank a...
Nvidia Abandons Plans To Acquire ARM Amid Regulatory Pressure, British Chipmaker Will Explore IPO
Topline Graphics chipmaker Nvidia scrapped its plans to acquire British semiconductor firm ARM due to “significant regulatory challenges”, the companies announced on Tuesday, a decision that comes two...
Ebanx Delays IPO Because of Market Volatility Fears
The stock market has turned too volatile for Ebanx’s IPO plans. The Brazilian fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhan...
Cybersecurity Firm Cybereason Allegedly Files Confidential Paperwork for US IPO
Cybereason has raised approximately $750 million to date and was valued at around $3 billion last year following a $275 million fundraising. Cybereason, a fast-growing cybersecurity company behind maj...
Robinhood Shares Drop to Lowest Level since IPO
Friday saw shares of Robinhood Markets Inc plunge more than 14% and hit their lowest level since the stock’s IPO in July last year after the mobile-first brokerage witnessed a quarterly loss on Thursd...
Tech sell-off has VCs worried about a drop in startup valuations
A conceptual image showing stock exchange numbers and flames. Sean Gladwell | Moment | Getty Images After a blockbuster year for venture capital deals, some investors worry the boom times may not last...
Draft rules on overseas IPOs will apply to Hong Kong
People wear protective masks as they stand outside of the China Securities Regulatory Commission (CSRC) in the Financial Street on April 17, 2020 in Beijing, Emmanuel Wong | Getty Images News | Getty ...
Markets Are Falling But Splashy IPO Stocks Like Robinhood And Coinbase Are Doing Even Worse
Topline Despite record waves of deal activity and massive fanfare leading up to their public-market debuts, a slew of companies that dominated headlines ahead of initial public offerings in the last t...
WeTransfer cancels IPO due to stock market volatility
The WeTransfer logo on a smartphone. Gabby Jones | Bloomberg via Getty Images LONDON — The stock market has gotten a little too volatile for WeTransfer’s liking. The Dutch file-sharing company s...
Jinko Solar Gets Jiggy With A STAR Board IPO
China Last Night KraneShares Key News Asian equities had a positive day except for Japan and South Korea while Australia and India had the day off. Going into today’s trading session, the lead pre-mar...
what it means for investors, start-ups
Traders work during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters BEIJING — Inv...
Peloton’s market value drops by $2.5 billion as shares close below IPO price
A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael N...
Record IPO rush of 2021 led to historically dismal returns for investors with no relief in sight
Spencer Platt | Getty Images IPO investors in a record-breaking issuance rush in 2021 have so far been disappointed by dismal returns, and the outlook for the once-booming market is only getting worse...
Its Cofounders Are No Longer Billionaires, Shares Down 60% Since IPO
Topline Robinhood cofounders Vlad Tenev and Baiju Bhatt are no longer billionaires according to Forbes’ calculations, as shares of their popular stock trading app continue to move lower in recent mont...
Ford Sees $8.2 Billion Gain on Its Investment Following Rivian’s IPO
(Bloomberg) — Ford Motor Co. expects to record a gain of $8.2 billion in the fourth quarter on its investment in Rivian Automotive Inc. after the electric-truck maker’s blockbuster initial publi...
Rhodium’s IPO is underway- The Cryptonomist
It’s official: Bitcoin mining company Rhodium Enterprises will launch its initial public offering (IPO) on the Nasdaq. The IPO of Rhodium Enterprises The Texas-based company filed an official applica...
DoubleDragon, Jollibee Ramp Up $482 Million Warehouse Portfolio Ahead Of IPO As E-Commerce Booms
A Jollibee delivery worker rides a motorcycle through Manila’s busy streets on October 14, 2015. JAY DIRECTO/AFP via Getty Images CentralHub Industrial Centers—a joint venture between real estat...
India’s Oyo Hotel Startup to Target $9 Billion Valuation in IPO
(Bloomberg) — Oyo Hotels, the once hard-charging Indian startup that struggled during the pandemic, is eyeing a valuation of about $9 billion in its initial public offering after preliminary con...
Meta Stock Has Never Been Cheaper Since Its 2012 IPO
Text size Meta Platforms, the former Facebook, has a lower price-to-earnings ratio than other Big Tech companies. Noah Berger/AFP via Getty Images Meta Platforms ‘ stock is as cheap now as it has ever...