PYMNTS-MonitorEdge-May-2024

ipo

Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors; an. IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.

Source: nasdaq.com

Alibaba Cloud CEO Daniel Zhang Steps Down
Alibaba Cloud CEO Daniel Zhang Steps Down
September 10, 2023  |  eCommerce

China’s Alibaba Group says the head of its cloud unit — and ex-CEO — will resign. A report Sunday (Sept. 10) by Reuters notes that...

READ MORE >
Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
September 08, 2023  |  IPO

Earnings season has trailed off — and now come the headlines focused on technology, partnerships and entry into new markets as FinTechs continue to try...

READ MORE >
Report: Instacart Plans to Set IPO Price As Soon As Monday
Report: Instacart Plans to Set IPO Price As Soon As Monday
September 07, 2023  |  IPO

Instacart could reportedly set its initial public offering price range in a matter of days. The online grocery delivery service is planning to set its...

READ MORE >
Klaviyo Plans to Take Marketing Automation Platform Public 
Klaviyo Plans to Take Marketing Automation Platform Public 
August 27, 2023  |  IPO

Marketing automation firm Klaviyo says it plans to go public. The company filed paperwork Friday (Aug. 25) with the Securities and Exchange Commission (SEC) announcing its intent to list on the...

READ MORE >
Instacart Files for IPO, Says Online Penetration in Grocery Could Double
Instacart Files for IPO, Says Online Penetration in Grocery Could Double
August 25, 2023  |  IPO

Grocery delivery firm Instacart has filed a registration statement for a proposed initial public offering (IPO). Maplebear, the company that does business as Instacart, filed...

READ MORE >
Waystar Plans to Take Healthcare Payments Company Public
Waystar Plans to Take Healthcare Payments Company Public
August 24, 2023  |  IPO

Healthcare payments firm Waystar Technologies is ready to become a public company. Waystar announced Thursday (Aug. 24) that parent company Waystar Holdings had confidentially submitted a draft registration statement...

READ MORE >
Report: African FinTech Flutterwave Planning an IPO
Report: African FinTech Flutterwave Planning an IPO
August 22, 2023  |  IPO

 Nigerian payments company Flutterwave is reportedly planning to go public. In an interview with Bloomberg News published Tuesday (Aug. 22), the company’s chief executive said it is moving forward...

READ MORE >
Report: Triller’s User Count Doesn’t Match Intelligence Firm’s Estimates
Report: Triller’s User Count Doesn’t Match Intelligence Firm’s Estimates
August 21, 2023  |  Social Commerce

Short-form video app Triller’s reported number of users doesn’t match the estimates of market intelligence firm Apptopia. While Triller reported 550 million lifetime sign-ups on its...

READ MORE >
Report: Instacart to Make IPO Plans Public in Coming Week
Report: Instacart to Make IPO Plans Public in Coming Week
August 18, 2023  |  IPO

Online grocery marketplace Instacart is reportedly gearing up for an initial public offering (IPO) as early as September. The firm is anticipated to make its IPO plans...

READ MORE >