Ant Group, a China-based payments platform, is facing regulatory delays in its highly-anticipated initial public offering (IPO) amid growing unease over its handling of its share sale, the Financial Times (FT) reported. The payments giant partly owned by billionaire Jack Ma is raising eyebrows through...
FinTech company Ant Group continues to press toward having the biggest initial public offering (IPO) ever, with returns at an estimated $35 billion. Ant Group is the online payment affiliate of China-based Alibaba Group Holding. In its latest IPO move, Ant Group is looking to...
Allegro’s initial public offering (IPO) on Monday (Oct. 12) was a huge success, with its brand-new stock reportedly surging in value by 50 percent. That makes it Europe’s biggest IPO of the year, with Allegro’s market value hitting $17.6 billion, Reuters reported. Poland-based Allegro’s website...
Representatives of grocery-delivery powerhouse Instacart have met with investment bankers to explore taking the company public, the Financial Times (FT) reported. News of the potential public offering comes as Instacart announced on Thursday (Oct. 8) that it had received $200 million in new capital from...
Affirm has announced a filing for an initial public offering (IPO), according to a press release, and the company has submitted a draft to the Securities and Exchange Commission (SEC). The number of shares that will be offered and the price range have not been...
A former Uber executive is planning to launch a $250 million initial public offering (IPO) for a blank check company whose advisors include billionaire Eric Schmidt, an ex-Google CEO, IPO Edge reported. Emil Michael filed an S-1 prospectus on Friday (Oct. 2) for DPCM Capital Inc.,...
As it capitalizes on the unforeseen sharp rebound in its business, Airbnb Inc. is seeking to bring in roughly $3 billion in funding through an initial public offering (IPO), Reuters reported, citing unnamed sources. The homesharing firm’s intention as of now is to have its...
Three months after its global launch, soccer star David Beckham’s startup Guild Esports has been listed on the London Stock Exchange (LSE), valued at about 40 million pounds ($52 million). CNBC reported that the London-based company is the first esports firm to go public on the...
Russia-based eCommerce company Ozon, often compared to Amazon, is preparing to file for an initial public offering (IPO) in the U.S., according to The Wall Street Journal (WSJ). That’s slated to happen either later this year or early in 2021, according to sources familiar with...
