Wireless speaker pioneer Sonos Inc. plans to raise as much as $264.1 million in its upcoming initial public offering. According to Bloomberg, the company — which competes with Amazon, Google and Apple — introduced its first home-audio system in 2005. Today, it reports that its customers...
Pinterest, the social media company, is nearing $1 billion in advertising revenue and is eyeing an initial public offering in the middle of next year. CNBC reported that Pinterest had $500 million in sales last year and is now on pace to nearly double that in...
Tilray, the first cannabis company to conduct an initial public offering on a U.S. exchange, closed up 32 percent. According to Financial Times reporting, Tilray’s shares sold for a listing price of $17, higher than the original indicated range of $14 to $16 a share. The...
Sources are reporting that R3 — a blockchain-software company that works with big companies such as Intel, Microsoft, U.S. Bank and Wells Fargo — is considering going public. According to Bloomberg, the company — which has offices in New York, London, Singapore and Brazil — is working to deploy blockchain applications that could lead...
Tencent, the Chinese company, is gearing up to spin off its Internet-based music business with a listing of shares to happen in the U.S. According to a report in Bloomberg, the move will enable American investors to invest in a China-based music streaming service which...
Though not much of a surprise to anyone, speaker company Sonos has filed to go public, and will likely be trading on the public markets by the end of the month. The Wall Street Journal first reported that a June IPO was in the firm’s future...
As Airbnb builds up a larger profile in the travel space, the home share marketplace is eyeing an initial public offering (IPO). The company wants to be ready to go public on June 30 of next year and aims to have an IPO before 2020,...
Flea market app Mercari saw its shares rise 77 percent in its Tokyo stock market debut on Tuesday (June 19) as the rare Japanese unicorn looks towards expansion in the U.S. According to Reuters, shares rose as high as 6,000 yen in early afternoon trade,...
One of the biggest initial public offerings (IPOs) in Japan may herald a sea change across a number of fronts: in payments, how the Japanese population views budgeting and how marketplaces are evolving in that country. As reported by Reuters, Mercari is set to bow...
