IPOs

An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.

Source: investopedia.com

Goldman Sachs CEO Says Inflation May Be More Persistent Than Expected
Goldman Sachs CEO Says Inflation May Be More Persistent Than Expected
September 13, 2023  |  Economy

Goldman Sachs CEO David Solomon reportedly expressed uncertainty about the U.S. economic outlook while highlighting the potential for a soft landing. The chance of a relatively soft landing...

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Instacart’s IPO Approaches Amid eGrocery’s Exponential Growth
Instacart’s IPO Approaches Amid eGrocery’s Exponential Growth
September 12, 2023  |  eCommerce

Instacart’s upcoming initial public offering (IPO) will arrive at a time when the grocery sector is poised for rapid growth, as today’s young consumers mature....

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Report: Alibaba Delays Freshippo IPO Due to Weak Demand
Report: Alibaba Delays Freshippo IPO Due to Weak Demand
September 08, 2023  |  IPO

Alibaba Group Holding has reportedly decided to delay the potential initial public offering (IPO) of its grocery chain, Freshippo, in Hong Kong due to weak sentiment for...

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Instacart Boosts in-Store Offerings in Leadup to Planned IPO
Instacart Boosts in-Store Offerings in Leadup to Planned IPO
September 07, 2023  |  Retail

In an effort to place itself at the center of grocers’ omnichannel businesses, Instacart is boosting its in-store capabilities in advance of its planned initial...

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DoorDash CEO Calls Out Instacart Amid Aggregator’s Own eGrocery Push
DoorDash CEO Calls Out Instacart Amid Aggregator’s Own eGrocery Push
September 06, 2023  |  eCommerce

As DoorDash pushes to grow its share of online grocery, Tony Xu, CEO of the San Francisco-based aggregator, is reportedly casting doubt on Instacart in...

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Zilch Considers London Stock Exchange for IPO
Zilch Considers London Stock Exchange for IPO
September 01, 2023  |  IPO

Zilch is reportedly exploring options for an initial public offering (IPO), with the London Stock Exchange (LSE) being a potential listing venue. According to CEO Philip Belamant,...

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Kenyan Lender Credit Bank to Raise $6.89 Million Through IPO
Kenyan Lender Credit Bank to Raise $6.89 Million Through IPO
August 28, 2023  |  IPO

Kenyan lender Credit Bank reportedly plans to raise 1 billion shillings (about $6.89 million) through an initial public offering (IPO) on the Nairobi Securities Exchange (NSE). The move would...

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VNG Files to Become First Vietnamese Tech Firm Listed in US
VNG Files to Become First Vietnamese Tech Firm Listed in US
August 24, 2023  |  IPO

Vietnamese internet startup VNG plans to go public in the United States. The company made its intentions known in a Wednesday (Aug. 23) filing with the Securities and Exchange Commission (SEC)....

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Lulu Group Raising $2.72 Billion to Reposition Business for IPO
Lulu Group Raising $2.72 Billion to Reposition Business for IPO
August 10, 2023  |  Investments

Abu Dhabi-based LuLu Group International, which owns one of the largest hypermarket chains in the Middle East, is reportedly raising 10 billion dirhams (about $2.72 billion)...

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