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) during an earnings call, per a report by Reuters. The company’s half-year earnings show that...
Lineage Logistics, a major player in the cold storage and logistics industry, is reportedly aiming for a valuation of over $30 billion in its upcoming initial public offering (IPO). The firm and its advisers are engaged in discussions with potential investors to garner support for...
Reddit is reportedly in talks with potential investors for an initial public offering (IPO). The social media company is considering going public as early as the first quarter of 2024, Bloomberg reported Monday (Nov. 27), citing unnamed sources. Reached for comment, a Reddit spokesperson declined to comment on...
Shein has reportedly confidentially filed to go public in the United States, potentially making it one of the biggest initial public offerings (IPOs) in recent years. The online fashion company’s IPO is expected to take place in 2024, the Wall Street Journal (WSJ) reported Monday (Nov. 27), citing...
Floward, a Middle Eastern eCommerce firm, is reportedly working with Goldman Sachs Group and HSBC Holdings for a planned initial public offering (IPO) in Saudi Arabia. The company, which specializes in delivering flowers and gifts, could go public as early as next year, Bloomberg reported Wednesday (Nov. 22), citing unnamed sources. ...
Amid a shaky IPO market, some public companies aren’t staying public that long. As the Financial Times (FT) reported Tuesday (Nov. 21), private equity firms have begun buying back companies that have recently gone public to salvage investments that have performed badly on the stock market following...
The third quarter is newly in the rearview mirror. Earnings season still rolls on. The FinTech IPO Index, which chronicles the stock market performance of nearly four dozen names that seek to disrupt and foment innovation in everything from mortgage lending to buy now, pay later...
Ibotta, the digital marketing software firm, is reportedly gearing up for an initial public offering (IPO) that could value the company at $2 billion or more. To assist with the IPO, Ibotta has enlisted the help of Goldman Sachs Group and Citigroup as advisers, Bloomberg reported Thursday (Nov. 2), citing unnamed...
Healthcare payments firm Waystar’s plans to go public are reportedly on hold. The company had planned to begin an investors roadshow in advance of an initial public offering (IPO) this week, but will now wait to do so until December at the earliest, the Wall...