IPO

IPO
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...

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Lufax Is Latest Chinese Firm To File For US IPO As Crackdown Looms
August 12, 2020

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...

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The Great Digital Shift, BigCommerce – And The Lure Of (eCommerce) IPOs
August 12, 2020

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,...

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Intuit Offered $1.5B To Buy BigCommerce Before Its IPO
August 11, 2020

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...

IPO
CuriosityStream Unveils Plans To Go Public Through Reverse Merger
August 11, 2020

CuriosityStream, a streaming service that produces documentaries on history, science and technology, is poised to become the latest company to go public through a merger with a special purpose acquisition company, or SPAC. Get the Full Story Complete the form to unlock this article and...

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Report: Airbnb Eyes IPO Before Year’s End
August 11, 2020

Despite a 40 percent decrease in its valuation in three years, Airbnb Inc. is on track to go public in a move that would illustrate a bounce-back in the sinking homesharing sector. Get the Full Story Complete the form to unlock this article and enjoy...