IPO

IPO
Ant Group Files For IPO, Reports $3B In Half-Year Profits
August 25, 2020

Ant Group has filed for an initial public offering (IPO) of stock that could be the largest in history. 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...

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DoorDash Moves Ahead With Q4 IPO Plans
August 23, 2020

DoorDash, the San Francisco-based prepared food delivery service, is planning to go public by year’s end, Bloomberg reported, citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Palantir Reportedly Posted $580M Loss Last Year
August 21, 2020

As it approaches its potential introduction to the public markets, Palantir is reportedly set to be the newest in a line of tech firms to go public long prior to bringing in positive income, The New York Times reported. Get the Full Story Complete the...

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Ant Group Seeks $225B Valuation Ahead Of Planned Dual Listing
August 21, 2020

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...

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Ex-House Speaker Paul Ryan Forms SPAC
August 21, 2020

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...

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Chinese Insurer Waterdrop Plans US IPO After $230M Funding Round
August 20, 2020

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...

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Ant Group Posts Profits Of $1.3B In Advance Of IPO
August 20, 2020

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...

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Airbnb Files For IPO
August 19, 2020

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...

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Mattress Retailer Casper Seeks To Raise $300M For A New SPAC
August 19, 2020

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...