Platform News: Reddit is a mainstay of group-based social media

A Reddit IPO? Company seeks to hire advisers

Reddit Inc, the operator of online message boards that became the go-to destination for day traders chasing this year’s frenzy for so-called meme stocks, is seeking to hire i...

Platform News: China

China targets US IPOs, algorithms, cloud in latest tech takedown

Communist China has launched a multi-pronged attack on its tech companies, threatening to curb their ability to list in the US, seeking to tighten up regulation of their use of alg...

Robinhood Markets

Wall Street analysts bet on Robinhood’s potential to add users

Wall Street analysts took a largely upbeat view on Robinhood Markets Inc in their first ratings on the stock as they bet on the online brokerage’s ability to boost its user b...

China Platform Economy

Sources: China’s tech crackdown thwarts Pony.ai’s US listing plans

Autonomous driving start-up Pony.ai has put on hold plans to go public in New York through a merger with a blank-check firm at a $12 billion valuation, after it failed to gain assu...

Platform News: NetEase

Sources: NetEase delays $1 billion Hong Kong listing of music streaming firm

NetEase Inc has delayed the $1 billion Hong Kong IPO of its music streaming service Cloud Village because of volatile trading in China’s major tech companies, two people with...

Platform News: ByteDance TikTok

FT: TikTok owner ByteDance aims for Hong Kong IPO by early 2022

ByteDance, the Chinese owner of short video platform TikTok, has revived its plan to go public with a listing in Hong Kong by early 2022 after addressing Chinese regulators’ ...

Robinhood Markets on Wall Street

Robinhood shares dive; filing sparks worries early investors could sell

Shares of Robinhood Markets Inc have tumbled, snapping a four-day winning streak, after the newly public online brokerage said early investors may sell nearly 98 million shares.

Robinhood Markets

‘Meme du jour’ Robinhood stock soars over 20%, passes IPO price

Robinhood Markets Inc’s shares surged over 20% yesterday, adding more than $7 billion to the value of the online brokerage and elevating its stock above the price set in last...

Platform News: FinTech trading app Robinhood

Robinhood, gateway to ‘meme’ stocks, raises $2.1 billion in IPO

Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year’s “meme’ stock trading fr...

Platform News: Duolingo

Duolingo enters ‘major leagues’ with $6.5 billion valuation in strong debut

Language learning app Duolingo notched a valuation of $6.5 billion after its shares surged nearly 40% in the company’s Nasdaq debut, becoming the latest education technology ...

Platform News: Duolingo

Language learning app Duolingo raises price range for IPO

Duolingo Inc has announced that it has raised the price target range for its initial public offering in the US, in a sign there is high investor appetite for shares of the language...

Indian FinTech Paytm

Paytm eyes an IPO by end of October, hopes to break even in 18 months

Indian digital payments firm Paytm expects to launch its IPO at around the end of October, pending regulatory approvals, a source familiar with the matter have said.

Robinhood Markets

Robinhood CEO says he is considering offering US retirement accounts

Robinhood Markets Inc is considering launching US retirement accounts, CEO and co-founder Vlad Tenev said in a webcast with users of its trading app looking to participate in its i...

Digital Advertising: Outbrain

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...