The great digital shift has sparked a lot of excitement on Wall Street. And a growing number of firms across the globe are joining the fray, bringing shares to public listing in a red-hot market. As reported earlier this month, Coupang filed documents with the Securities...
JD.com, sometimes called China’s Amazon, said it plans to take its shipping business public in Hong Kong, Bloomberg reported. The company’s goal is to take advantage of China’s pandemic-triggered eCommerce boom. Sources told Bloomberg that a JD Logistics initial public offering (IPO) could raise about...
Chinese retail solutions startup DMall, backed by grocery chain Wumart Group, is considering a plan to file for an initial public offering (IPO), Bloomberg reported on Wednesday (Feb. 17), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Lucid Motors, the luxury electric vehicle maker, is close to a deal for an initial public offering (IPO) at a $12 billion valuation after a deal with Michael Klein‘s special purpose acquisition company (SPAC), Reuters writes. Get the Full Story Complete the form to unlock...
One previously unreported reason Jack Ma‘s Ant Group lost its IPO was because of the complex ownership structure of the company, The Wall Street Journal (WSJ) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Marqeta, the U.S.-based payment card issuing startup, has filed confidentially for an initial public offering (IPO) with the Securities and Exchanges Commission (SEC), a Reuters report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Fabric and craft retail chain JOANN plans to go public, the company announced today in an S-1 filing with the Securities and Exchange Commission (SEC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
On Wall Street, one sign that things may be getting overheated — particularly when it comes to public listings — is when less traditional business models start announcing plans to join the fray. Get the Full Story Complete the form to unlock this article and...
Online travel startup Traveloka is aiming to launch a “blank-check” company with a listing in the U.S. this year. Ferry Unardi, the Indonesian company’s CEO, told Bloomberg Television that the plan was to raise funds through that special purpose acquisition company (SPAC). Get the Full...