IPO
Digital ad platform Outbrain valued at more than $1 billion in Nasdaq debut
Shares of Outbrain Inc opened flat in their Nasdaq debut last week, giving the web recommendation platform a market capitalization of nearly $1.1 billion.
Walmart’s Flipkart raises fresh funds for $38 billion valuation as IPO looms
Walmart Inc-owned Flipkart on Monday ushered back SoftBank Group Corp as an investor in a $3.6 billion funding round, doubling the Indian online retailer’s valuation to $37.6...
A Wise move? London listing may open FinTech floodgates
Wise’s record breaking direct listing has come as a relief to other tech firms aiming to go public in the coming months, the bankers managing those deals and to post-Brexit L...
Online payments firm Stripe takes first step toward blockbuster listing
Digital payments processor Stripe Inc, the most valuable US platform start-up, has taken its first major step toward a stock market debut by hiring a law firm to help with preparat...
Robinhood IPO faces threat of retail snub on Reddit
Robinhood Markets, which helped enable the “meme stock” frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on s...
Wise valued at $11 billion in record London direct listing
Shares of financial technology company Wise ended 10% up on their first day of trading in London’s largest ever tech listing that could pave the way for other firms looking t...
What is driving China’s clampdown on Didi and data security?
China’s cyberspace regulator has launched a probe into ride-hailing giant Didi Global, calling for it to stop adding new users and for app stores to remove it, days after it ...
Mortgage-focused start-up Blend seeks $4 billion valuation in IPO
Blend Labs Inc, a digital banking platform focused on mortgage lending, is targeting a valuation of nearly $4 billion in its IPO in the US, seeking to cash in on the boom in demand...
Didi cybersecurity probe blindsides shareholders days after debut
Chinese regulators have gained a reputation for aggressive action, but even hardened investors were shocked by the announcement of a probe into ride-hailing firm Didi just two days...
Didi app takedown may hit revenue, other US-listed Chinese firms probed
Ride-hailing giant Didi Global Inc said a regulatory order that its app be removed from app stores in China could hurt revenue, while other newly US-listed Chinese firms also found...
China orders Didi app downloads suspended over data violation
China’s cyberspace regulator has said that it had ordered smartphone app stores to stop offering Didi Global Inc’s app after finding that the ride-hailing giant had ill...
How do ride-hailing giants Didi and Uber compare?
Chinese ride-hailing giant Didi Global is set to make its trading debut on the New York Stock Exchange after an IPO that sources said raised $4.4 billion, valuing it at $67.5 billi...
The regulatory and legal headwinds facing Robinhood
Robinhood Markets, the online brokerage at the centre of this year’s retail trading frenzy, has disclosed previously unreported regulatory risks in its long-awaited initial p...
Cybersecurity firm SentinelOne valued at nearly $11 billion in public debut
Shares of security software provider SentinelOne Inc jumped 21.4% in their US stock market debut on Wednesday, giving the company a market capitalization of nearly $11 billion.