IPO
Coinbase listing filing shows surge in revenue amid bitcoin boom
Coinbase, the biggest US cryptocurrency exchange, moved a step closer to listing on the Nasdaq with a filing to go public, revealing that it had swung into profit last year as bitc...
Alibaba beats revenue forecast as Chinese shadow of regulators fall
Alibaba has beaten Wall Street estimates for third-quarter revenue, as its e-commerce business benefited from a switch to online shopping triggered by the global COVID-19 pandemic.
Significant tech IPO’s we’re expecting in 2021
Yes, 2020 was a blockbuster year for initial public offerings (IPO) across the global platform economy, with the likes of Snowflake and DoorDash, amongst a myriad of others debutin...
Southeast Asia’s Grab considering US IPO this year
Southeast Asian ride-hailing and food delivery giant Grab is researching a list in the United States this year, encouraged by strong investor appetite for IPOs, a number of sources...
Gaming platform Roblox to delay IPO until next year
Gaming platform Roblox has put off its planned initial public offering (IPO) until next year since it functions with advisers to improve the process to benefit investors and employ...
DoorDash aims to double valuation in much-awaited IPO
DoorDash Inc said on Monday it’s aiming to raise up to $2.8 billion in an IPO, which could double the worth of their US food delivery start-up and also be one of 2020’s...
Alibaba beats sales forecasts on China e-commerce growth
Alibaba Group beat third quarterly revenue estimates on Thursday, driven by e-commerce expansion after China arose from coronavirus lockdowns, and said it was assessing the suspens...
China’s Ant Group says it’s a tech business not a bank
Ant Group, about to make the largest public sale of shares ever, introduces a basic conundrum: what kind of business is it – a financial colossus or a tech giant?
Ant Group IPO sees record $3 trillion in retail demand
Retail investors put bids for a record $3 trillion of stocks in Ant Group’s initial public offering (IPO), place to be the world’s biggest, as mom-and-pop Realtors sta...
Ant Group to close Hong Kong institutional book early amid ‘overwhelming’ demand for IPO
Ant Group will close institutional order publications of the Hong Kong part of its record-setting double IPO ahead of schedule as a result of strong demand, sources with direct kno...
ByteDance in early talks to list Chinese short video app Douyin
TikTok-owner ByteDance is in talks and with investment banks to record its Chinese brief video app Douyin at Hong Kong, based on two people familiar with this situation.
Jack Ma: Ant Group IPO pricing “history’s largest”
The colossal dual listing for Chinese FinTech Ant Group will be the world’s largest, according to a pricing determined late on Friday, Alibaba founder Jack Ma said over the w...
Ant’s record allocation in Shanghai IPO fuels small investor scramble
Chinese FinTech Ant Group’s move to earmark a record 80% of the Shanghai leg of its $35 billion dual-listing for strategic investors has resulted in a scramble among younger ...
Didi lines up 2021 IPO in Hong Kong, targets more than $60 billion valuation
China’s leading ride-hailing business Didi Chuxing is considering Hong Kong to get a multibillion-dollar first public offering next year, falling previous aims to list in New...