Amid a slew of busted initial public offerings in the tech realm, with Uber and Lyft among them, and the specter of regulators looking into platform firms like Facebook and Google, a recent addition to the pantheon bears watching. Get the Full Story Complete the...
Uber CEO Dara Khosrowshahi has blamed his company’s lackluster initial public offering (IPO) on U.S. trade tensions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Chinese facial recognition company Megvii might decide to postpone its initial public offering (IPO), due to tensions and the trade war between the U.S. and China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
New York-based startup WeWork, which rents office space and desks to workers, is looking for a $2.75 billion credit line in anticipation of an upcoming initial public offering, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article...
With a $1.1 billion valuation and a growing share of the U.S. mattress market, Casper could be poised to be the latest company to go public this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Shares in Luckin Coffee have fallen 39 percent after its initial public offering (IPO) as investors are worried about the company’s cash-burn strategy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Shares in Chinese coffee company Luckin fell below their IPO price on Wednesday (May 22), according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Freelance marketplace Fiverr has filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. The filing showed that the Tel Aviv-based company’s net losses grew from $19.3 million in 2017 to $36.1 million in 2018. But revenue...
Starbucks’ rival in China, Luckin Coffee, is set to price its initial public offering (IPO) at $17 per share. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...