The mark of success for most any new business is whether or not it makes the leap to “go public.” One of the latest companies to join the group of public companies is the online marketplace for buying used cars, Carvana. The Phoenix-based company that...
Looks like losing billions of dollars is a snap. Literally. As Fortune Magazine reports, Snap, which went public last month and which has seen a spate of analyst coverage in the last several days, is on tap to lose as much as $2 billion in...
Online lender Elevate Credit, Inc. has decided to pursue an IPO, a little over a year after the firm had decided to postpone its listing in the face of the tough market conditions that made 2016 the slowest year for initial public offering in the...
They say bulls are herd animals. That may be true for bulls on Wall Street. Bloomberg News divulged that a spate of positive reports have gone out on Snap, the recent IPO of the parent company of Snapchat. The newswire noted that some of the biggest names...
Online styling company Stitch Fix is in preliminary discussions with bankers regarding an initial public offering, according to Fortune. However, a Stitch Fix spokeswoman said the company “has neither turned down late-stage funding from interested investors nor will our Board of Directors be meeting next month...
Tencent Holdings is in the midst of getting ready to spin off its eBook operations, Bloomberg News reported Thursday. The move comes as the firm would bring those shares onto a Hong Kong exchange, and the announcement comes in the wake of fourth quarter results for...
The car buying process is typically not a short and sweet scenario. Usually, it involves visiting several dealerships over the course of a few weeks and speaking with countless salespeople who don’t always have the customer’s best interest at heart. One company that’s hoping to change all...
Sources are reporting that Snap Inc. — Snapchat’s parent company — has set a valuation for itself between $19.5 billion and $22.2 billion, as the message app company gets closer to its IPO. But some investors are wondering if the company is worth the valuation it’s seeking. According...
J.Jill, the women’s apparel retailer, announced Friday (Feb. 10) it has filed a registration statement with the Securities and Exchange Commission relating to a proposed IPO of its common stock. J.Jill said in a press release the registration statement filed Friday represents its initial public filing pursuant to...
