IPO

IPO
Social Media Network Nextdoor Eyes IPO
October 18, 2020

Nextdoor Inc., a social media network that is something of a combined Facebook, Craigslist and Yelp and whose members connect only with neighbors, is exploring going public, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Sources: Ant Group Plans $280B Hike In IPO Valuation Target 
October 16, 2020

Jack Ma’s Ant Group is said to be setting its sights on a $280 billion minimum valuation target for its initial public offering (IPO), which is 12 percent higher than its earlier $250 billion valuation, sources familiar with the deal told Bloomberg on Friday (Oct....

IPO
Ant’s Pending IPO Hit By Controversy Over Share Sale On Alipay
October 13, 2020

Ant Group, a China-based payments platform, is facing regulatory delays in its highly-anticipated initial public offering (IPO) amid growing unease over its handling of its share sale, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy...

IPO
Ant Group Reels In Small Investors As IPO Nears
October 12, 2020

FinTech company Ant Group continues to press toward having the biggest initial public offering (IPO) ever, with returns at an estimated $35 billion. Ant Group is the online payment affiliate of China-based Alibaba Group Holding. Get the Full Story Complete the form to unlock this...

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Poland’s Allegro Triumphs As Stock Takes Off In Public Debut
October 12, 2020

Allegro’s initial public offering (IPO) on Monday (Oct. 12) was a huge success, with its brand-new stock reportedly surging in value by 50 percent. That makes it Europe’s biggest IPO of the year, with Allegro’s market value hitting $17.6 billion, Reuters reported. Poland-based Allegro’s website...

IPO
Report: Instacart Talks To Bankers About An IPO
October 11, 2020

Representatives of grocery-delivery powerhouse Instacart have met with investment bankers to explore taking the company public, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

IPO
Affirm Submits Draft To SEC For IPO
October 08, 2020

Affirm has announced a filing for an initial public offering (IPO), according to a press release, and the company has submitted a draft to the Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

IPO
Ex-Uber Exec To File $250M SPAC IPO Backed By Former Google CEO
October 04, 2020

A former Uber executive is planning to launch a $250 million initial public offering (IPO) for a blank check company whose advisors include billionaire Eric Schmidt, an ex-Google CEO, IPO Edge reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

IPO
Report: Airbnb Aims To Land $3B By Going Public
October 02, 2020

As it capitalizes on the unforeseen sharp rebound in its business, Airbnb Inc. is seeking to bring in roughly $3 billion in funding through an initial public offering (IPO), Reuters reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article...