As it aims for an approximately $225 billion valuation, Ant Group intends to seek dual listings in Shanghai and Hong Kong in the weeks to come, Bloomberg reported, citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Paul Ryan, former speaker of the House, is creating a “blank-check company,” The Wall Street Journal reported. The move comes amid growing interest in the business model, which is also called a special-purpose acquisition company (SPAC). Get the Full Story Complete the form to unlock this...
In a bid to grow its health insurance division and go public, Waterdrop Inc., a Hong Kong-based insurer, has raised $230 million in a funding round, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Ant Group, the Chinese FinTech, reported profits of 9.2 billion yuan ($1.3 billion) in the first fiscal year quarter, Bloomberg News reported. That’s up 560 percent over the same period one year ago. Get the Full Story Complete the form to unlock this article and enjoy...
Airbnb, the popular vacation rental app, has submitted a draft registration statement for an initial public offering, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Mattress retailer Casper Sleep Inc. hopes to raise $300 million for a blank-check company, as shares of the New York-based firm have fallen by nearly 38 percent since its February debut. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Online wealth management platform Lufax is the latest to file plans for an IPO in the United States as Chinese firms rush to go public before tough new federal disclosure rules go into effect. Get the Full Story Complete the form to unlock this article...
To gain riches – go public or stay private and sell to a high bidder? 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 daily newsletter,...
After BigCommerce‘s initial public offering (IPO) last week, the company has seen a massive uptick in its stock, which shot up over 200 percent. But before that, Intuit offered to buy the company for $1.5 billion, a proposal that was rejected, CNBC reported. Get the...
