IPOs

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.

Source: investopedia.com

Kenyan Lender Credit Bank to Raise $6.89 Million Through IPO
Kenyan Lender Credit Bank to Raise $6.89 Million Through IPO
August 28, 2023  |  IPO

Kenyan lender Credit Bank reportedly plans to raise 1 billion shillings (about $6.89 million) through an initial public offering (IPO) on the Nairobi Securities Exchange (NSE). The move would...

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VNG Files to Become First Vietnamese Tech Firm Listed in US
VNG Files to Become First Vietnamese Tech Firm Listed in US
August 24, 2023  |  IPO

Vietnamese internet startup VNG plans to go public in the United States. The company made its intentions known in a Wednesday (Aug. 23) filing with the Securities and Exchange Commission (SEC)....

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Lulu Group Raising $2.72 Billion to Reposition Business for IPO
Lulu Group Raising $2.72 Billion to Reposition Business for IPO
August 10, 2023  |  Investments

Abu Dhabi-based LuLu Group International, which owns one of the largest hypermarket chains in the Middle East, is reportedly raising 10 billion dirhams (about $2.72 billion)...

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Report: Amazon and Google Could Invest in Chipmaker Arm’s IPO
Report: Amazon and Google Could Invest in Chipmaker Arm’s IPO
August 09, 2023  |  IPO

Amazon is reportedly in discussions to invest in chipmaker Arm’s initial public offering (IPO). Arm owner SoftBank is also talking to Google and companies from other industries heavily dependent on semiconductors...

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Barbie Mention Bumps Birkenstock Ahead of Anticipated IPO
Barbie Mention Bumps Birkenstock Ahead of Anticipated IPO
August 07, 2023  |  Retail

Barbie still has consumers in a chokehold, and brands who have partnered with Mattel or were even referenced in the movie are reaping the benefits.  ...

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Europe’s Low IPO Listings Pose Challenge to Capital Markets
Europe’s Low IPO Listings Pose Challenge to Capital Markets
August 02, 2023  |  IPO

Both the value and the volume of European initial public offerings (IPOs) have dropped to their lowest level in 14 years. Companies raised 2.4 billion...

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Report: Figure Technologies Lays Off 90 Employees and Plans IPO
Report: Figure Technologies Lays Off 90 Employees and Plans IPO
July 28, 2023  |  IPO

Figure Technologies has reportedly laid off staff and is preparing for an initial public offering (IPO). The firm laid off 20% of its staff — 90 employees —...

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Kim Kardashian’s Skims Chases $4 Billion Valuation Ahead of IPO
Kim Kardashian’s Skims Chases $4 Billion Valuation Ahead of IPO
July 13, 2023  |  Retail

Kim Kardashian’s apparel brand Skims could soon be worth nearly $4 billion. The company is in the middle of a funding round that could help it reach...

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Report: SoftBank Considers US Listing for PayPay Business
Report: SoftBank Considers US Listing for PayPay Business
July 12, 2023  |  IPO

SoftBank may be heading stateside to list its PayPay payments business following news that it is considering a U.S. listing. The potential listing is driven by New York’s...

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