ipo

Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors; an. IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.

Source: nasdaq.com

Today In Payments: DoorDash Moves Ahead With IPO Plans; JPMC Plans UK Digital Lender Launch In 2021
Today In Payments: DoorDash Moves Ahead With IPO Plans; JPMC Plans UK Digital Lender Launch...
August 24, 2020  |  News

In today’s top news, DoorDash plans to go public by the end of the year, and JPMorgan Chase reportedly plans to launch a digital bank...

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Ant Group Seeks $225B Valuation Ahead Of Planned Dual Listing
Ant Group Seeks $225B Valuation Ahead Of Planned Dual Listing
August 21, 2020  |  IPO

As it aims for an approximately $225 billion valuation, Ant Group intends to seek dual listings in Shanghai and Hong Kong in the weeks to...

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Ant Group Posts Profits Of $1.3B In Advance Of IPO
Ant Group Posts Profits Of $1.3B In Advance Of IPO
August 20, 2020  |  IPO

Ant Group, the Chinese FinTech, reported profits of 9.2 billion yuan ($1.3 billion) in the first fiscal year quarter, Bloomberg News reported. That’s up 560 percent...

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Today In Payments: Airbnb Files For IPO; Apple Hits $2T Milestone
Today In Payments: Airbnb Files For IPO; Apple Hits $2T Milestone
August 20, 2020  |  News

In today’s top news, Airbnb has filed for an IPO with the SEC, and Apple hit a market value of $2 trillion. Plus, ride-hailing competitors...

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Mattress Retailer Casper Seeks To Raise $300M For A New SPAC
Mattress Retailer Casper Seeks To Raise $300M For A New SPAC
August 19, 2020  |  IPO

Mattress retailer Casper Sleep Inc. hopes to raise $300 million for a blank-check company, as shares of the New York-based firm have fallen by nearly 38...

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Alibaba’s Ant Group Files Preliminary IPO Docs
Alibaba’s Ant Group Files Preliminary IPO Docs
August 14, 2020  |  International

Ahead of an intended initial public offering (IPO), Alibaba Group Holding’s Ant Group has conducted a preliminary filing with the securities watchdog of China, Reuters reported....

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Airbnb Suffers Record Losses In Q2, IPO Still Planned
Airbnb Suffers Record Losses In Q2, IPO Still Planned
August 13, 2020  |  Earnings

Airbnb Inc. took a record hit in revenues in the second quarter (Q2) and its losses continued to mount as global travel was restricted to...

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Lufax Is Latest Chinese Firm To File For US IPO As Crackdown Looms
Lufax Is Latest Chinese Firm To File For US IPO As Crackdown Looms
August 12, 2020  |  IPO

Online wealth management platform Lufax is the latest to file plans for an IPO in the United States as Chinese firms rush to go public...

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Today In Payments: COVID Hit UK Hard; Amex Negotiating To Buy SMB Lender Kabbage
Today In Payments: COVID Hit UK Hard; Amex Negotiating To Buy SMB Lender Kabbage
August 12, 2020  |  News

In today’s top news, the impact of the pandemic has hit the U.K. harder than other developed countries, and Amex is eying an acquisition of...

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