China intends to remove a technicality that permitted the country’s tech sector from raising overseas investments by prohibiting companies from making an initial public offering (IPO) on foreign stock markets through variable interest entities, according to a Wednesday (Dec. 1) Bloomberg report. Get the Full...
Saudi-based food delivery startup Jahez is readying its initial public offering (IPO) on the Saudi stock exchange, according to a Wednesday (Dec. 1) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Brazilian digital bank Nubank has reduced the target price of its American stock market debut by about 18% amid a worldwide tech stock selloff that’s impacting initial public offerings (IPOs) as the year winds down, Reuters reported Tuesday (Nov. 30). Get the Full Story Complete...
The Indian online retail giant Snapdeal is preparing to go public through an IPO of as much as $250 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Grab is going public on Thursday (Dec. 2), and we’ll see what the appetite is here in the U.S. for the super-app that is focused (for now) on Southeast Asia — and, by extension, platforms that offer a broadening array of services. Get the Full...
The companies that raised $1 billion for IPOs in 2021 aren’t doing so well — half of them have been trading below their listing prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Pizza chains, which typically relied heavily on off-premise sales even before quarantine, have been at the forefront of the restaurant industry’s digital shift. Now, Seattle-based fast-casual chain MOD Pizza, which has hundreds of locations across 29 states, is looking to parlay the learnings of the...
Paytm’s journey back from busted initial public offering (IPO) status may be more a marathon than sprint. 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...
Vijay Shekhar Sharma, founder of Indian eCommerce firm Paytm, compared his company’s inauspicious public debut to the early struggles by automaker Tesla when it listed more than 10 years ago, Reuters reported Monday (Nov. 22). Get the Full Story Complete the form to unlock this...
