Messaging company Slack is planning to use a direct listing method to go public instead of an IPO, according to CNBC. A direct listing, which Spotify used when it went public in April of 2018, means that Slack won’t have to use underwriters (go-betweens that...
Walmart has updated a tool to allow suppliers to submit cost increases related to higher U.S. tariffs on Chinese goods. The “Cost Change Scenario” tool, launched a year ago, now enables vendors to choose the reason for a cost hike from a menu that includes...
Starbucks’ rival in China, Luckin Coffee, is set to price its initial public offering (IPO) at $17 per share. Sources told CNBC that the company will also upsize its IPO to 33 million shares. Luckin filed for an initial public offering (IPO) in the United...
Fundamentals? Or merely a blip? A 60 percent surge in a month – for anything, really, be it stock or bond or digital currency – is nothing to sneeze at, but it could be something to see with wonder. Or to make one wonder why....
July 02, 2020
Tech companies’ initial public offerings (IPOs) can be grossly mispriced, as evidenced by some companies like Lemonade and Agora which have leapt up close to or even more than 150 percent in price after going public, CNBC reports. The problem, according to venture capitalist Bill Gurley of Benchmark, quoted by CNBC, is the system. “They […]
June 20, 2019
Messaging company Slack is planning to use a direct listing method to go public instead of an IPO, according to CNBC. A direct listing, which Spotify used when it went...
June 13, 2019
Walmart has updated a tool to allow suppliers to submit cost increases related to higher U.S. tariffs on Chinese goods. The “Cost Change Scenario” tool, launched a year ago, now...
May 17, 2019
Starbucks’ rival in China, Luckin Coffee, is set to price its initial public offering (IPO) at $17 per share. Sources told CNBC that the company will also upsize its IPO...
