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

Chinese Tycoon Jack Ma Delivers Speech In First Public Appearance Since Ant IPO Pulled
Chinese Tycoon Jack Ma Delivers Speech In First Public Appearance Since Ant IPO Pulled
January 20, 2021  |  International

Chinese tycoon Jack Ma has resurfaced, giving a virtual speech to rural teachers in China after nearly three months out of the public eye, The...

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Goldman CEO Says SPAC Explosion ‘Unsustainable’
Goldman CEO Says SPAC Explosion ‘Unsustainable’
January 19, 2021  |  Partnerships / Acquisitions

Goldman Sachs CEO David Solomon said he doesn’t think the current special purpose acquisition company (SPAC) boom is sustainable, the Financial Times (FT) reported. Get...

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Today In Payments Around The World: UK To Make Firms Pay Small Businesses In 30 Days; Singapore’s Grab Considers US IPO
Today In Payments Around The World: UK To Make Firms Pay Small Businesses In 30...
January 19, 2021  |  News

In today’s top payments news around the world, the United Kingdom is looking to crack down on firms that take too long to pay suppliers,...

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In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
In China, Investors Drain Mutual Funds Slated For Failed Ant IPO
January 19, 2021  |  IPO

The fallout from Ant Group’s failed initial public offering (IPO) continues, as millions of investors have piled out of five mutual funds that had pitched...

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Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching
Sequoia Could Put $7.2 Billion Into Auto1 With IPO Approaching
January 18, 2021  |  Investments

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform’s initial public offering (IPO), Bloomberg reported Monday (Sept....

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Deliveroo Valued At $7 Billion-Plus Ahead Of Potential IPO
Deliveroo Valued At $7 Billion-Plus Ahead Of Potential IPO
January 17, 2021  |  Investments

British delivery power-house Deliveroo said Sunday (Jan. 17) in an announcement that it has raised $180 million in new investments, which push its valuation to...

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Bumble Plans To Go Public On The Nasdaq
Bumble Plans To Go Public On The Nasdaq
January 15, 2021  |  IPO

Relationships app Bumble Inc. plans to go public and list its Class A shares on the Nasdaq Global Select Market under the “BMBL” ticker symbol, according...

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Roblox, Digital-First Shopping, QR Codes Top This Week’s News
Roblox, Digital-First Shopping, QR Codes Top This Week’s News
January 15, 2021  |  The Weekender

In this week’s news, we saw Roblox’s plans to go public through a direct listing, consumers’ preferences for a digital-first shopping experience and the rising...

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Nasdaq Debut Gives Poshmark More Than Double Valuation
Nasdaq Debut Gives Poshmark More Than Double Valuation
January 15, 2021  |  IPO

Poshmark saw its valuation more than double following its Nasdaq debut, with shares closing at $101.50, the Wall Street Journal (WSJ) reported on Thursday (Jan....

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