December 05, 2023
Crypto Firm Phoenix Debuts in Abu Dhabi With $3.3 Billion...
Cryptocurrency firm Phoenix Group has launched its debut on the Abu Dhabi market, the first of its kind in the region. The debut of the firm, which saw its shares surge by...
December 05, 2023
Autonomous Trucking Company TuSimple Begins Winding Down Operations in US
Autonomous trucking company TuSimple is laying off most of its U.S. staff and winding down its operations in the country. The company is reducing its U.S. workforce by about 150...
December 05, 2023
FinTechs Grapple With Regulation Amid Pursuit of Profits
For almost all FinTechs — and especially for publicly traded firms — it has been a bumpy ride these past few years. Stock prices have been volatile. An overwhelming majority...
December 04, 2023
Shein’s IPO: Unpacking Everything You Need to Know
Shein has applied to go public in the United States. If it succeeds, this could make Shein one of the biggest initial public offerings (IPOs) in recent years. But that’s...
December 04, 2023
CE 100 Index Gains 3.1% as Communications Stock Surge Is...
The CE 100 Index gained 3.1% coming off a Thanksgiving holiday-truncated week with vigor as all segments gained ground. The Communications pillar surged 8.7%. Snap was 12.9% higher in the...
December 01, 2023
Panera Brands Plans Confidential IPO in 2024
Panera Brands, the casual dining group owned by investment group JAB, has confidentially filed paperwork for an initial public offering (IPO) in the U.S., according to sources familiar with the...
December 01, 2023
FinTech IPO Index Gains 4.3%, Affirm Jumps on BNPL’s Black...
And now, we’re back to the regularly scheduled stock market volatility. The short trading week is behind us, and so is Thanksgiving and Black Friday. And the initial read across...
November 29, 2023
PayU Plots India IPO For Second Half of 2024
Payments company PayU plans to go public in India in the second half of next year. Ervin Tu, interim CEO of parent company Prosus, revealed that information Wednesday (Nov. 29)...
November 28, 2023
Report: Farfetch Founder José Neves Aims to Take Company Private
The founder of online luxury fashion retailer Farfetch, José Neves, reportedly aims to take the company private. Neves, who has a 15% stake and 77% of the voting rights, is working with...