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 consumer stocks. The company had initially targeted a valuation of $6 billion to $10 billion, but after discussions with potential...
Earnings season has trailed off — and now come the headlines focused on technology, partnerships and entry into new markets as FinTechs continue to try and disrupt everything from lending to embedded payments. To that end, the FinTech IPO Index was down 0.9% in a...
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 listing price and kick off its roadshow on Monday (Sept. 11), Bloomberg News reported Wednesday (Sept. 6), citing sources familiar...
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, the buy now, pay later (BNPL) firm has been in talks with officials from various stock exchanges, including the LSE,...
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 mark the first IPO on the NSE since 2014 when the exchange listed itself, Bloomberg reported Monday (Aug. 28). However, the timing...
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 New York Stock Exchange. Founded in 2012, Klaviyo began as a platform for eCommerce companies, although it says it has...
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 the Form S-1 with the Securities and Exchange Commission (SEC) and intends to list its common stock on the Nasdaq Global Select Market under...
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 with the U.S. Securities and Exchange Commission (SEC) for proposed initial public offering (IPO). “The number of shares to be...
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). VNG’s filing for an initial public offering (IPO) represents the first tech company from Vietnam to seek a listing in New York,...