With the Trump administration increasingly signaling that it may ban Chinese technology power-house ByteDance’s blockbuster app TikTok in the United States over concerns of Beijing spying through the program, the business is considering registering as a publicly traded company on exchanges in Shanghai or Hong...
Point-of-sale lender Affirm’s initial public offering (IPO) could reach as much as $10 billion through work with Goldman Sachs, according to people familiar with the matter, The Wall Street Journal (WSJ) reported. The preparations are at an early stage, however, and the company might choose...
Detroit-based Rocket Companies, which owns the Dan Gilbert-founded company Rocket Mortgage, is seeking an initial public offering (IPO) for $3.3 billion, Bloomberg reported. Rocket Companies also owns Quicken Loans. The company is offering 150 million shares for $20 to $22 each, according to the Tuesday...
Eighteen months after buying Utah-based management software company Qualtrics for a record $8 billion, SAP SE announced plans to take the company public. Bloomberg News reported the German software maker will keep a majority in the business while Qualtrics Co-Founder Ryan Smith would be the...
Chalk up another major deal for blank check companies, one of Wall Street’s hottest new trends, with online gambling and sports betting company Rush Street Interactive’s announcement that it will be going public. Rush Street Interactive (RSI) said on Monday (July 27) that it will...
Policybazaar is gearing up for a $500 million initial public offering (IPO) as the online insurance platform drives a wave of rising demand for coverage from India’s rising middle class. Policybazaar is looking at September of 2021 for the IPO, Co-Founder Yashish Dahiya told Bloomberg,...
Ant Group, the online payments division arm of Alibaba Group Holding Ltd., China’s eCommerce superstore, plans to file an initial public offering (IPO) on Shanghai’s Nasdaq-style STAR Market and the Hong Kong Stock Exchange, the company announced Monday (July 20). The company said the dual China...
It could be the right time for Airbnb to go public. As the San Francisco-based vacation rental online marketplace has seen bookings rebound after coronavirus disruption, it will revive plans to launch an initial public offering this year, the Financial Times (FT) reported. “When the...
CommerceHub, which makes eCommerce software, is preparing an initial public offering (IPO) that may value the firm at over $2 billion, according a report in Bloomberg citing unnamed people familiar with the matter. The private-equity-backed firm is working with Morgan Stanley on the IPO, which...
