ipo

Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors; an. IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.

Source: nasdaq.com

Top News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face Of Coronavirus

Top News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face Of Coronavirus
Top News In Payments: Grubhub CEO Open To Deals; Chinese Consumers Shut Wallets In Face...
January 27, 2020  |  News

In today’s top payments news, Grubhub’s CEO says he is open to a merger, although no offers have been made yet, and Shanghai Disney Resort...

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Casper’s Unicorn Ambitions In Jeopardy After S-1 Filing
Casper’s Unicorn Ambitions In Jeopardy After S-1 Filing
January 27, 2020  |  Retail

eCommerce mattress merchant Casper Sleep Inc. forecasts that its initial public offering (IPO) valuation will be far under the approximate $1 billion it had for...

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Ripple Chief Teases Upcoming IPO
Ripple Chief Teases Upcoming IPO
January 24, 2020  |  Blockchain

Brad Garlinghouse, the CEO of Ripple, said that initial public offerings (IPOs) will start becoming more common in the fields of cryptocurrency and blockchain this...

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WeWork Unloads Business Software Company In Pursuit Of Profits
WeWork Unloads Business Software Company In Pursuit Of Profits
January 23, 2020  |  Partnerships

WeWork has sold its business management software company Teem and also the minority stake it had in startup The Wing, to focus its business going...

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Jumia Counting On Services To Rebound From 70 Pct. Shares Drop
Jumia Counting On Services To Rebound From 70 Pct. Shares Drop
January 22, 2020  |  Cross-border Payments

African unicorn Jumia, the first technology startup in Africa to list on the New York Stock Exchange (NYSE), is focused on becoming profitable after a...

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Global Blue Acquisition Capitalizes On Consumer X-Border Spend
Global Blue Acquisition Capitalizes On Consumer X-Border Spend
January 16, 2020  |  Acquiring

New day, new multi-billion-dollar deal within the payments space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Ant Financial Looks To Resurrect Stalled IPO
Ant Financial Looks To Resurrect Stalled IPO
January 16, 2020  |  IPO

China’s Ant Financial is in discussions with banks to resurrect plans for an initial public offering (IPO) that was shelved over a year ago, the Financial...

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WeWork’s Lease Volume Dries Up After Botched IPO
WeWork’s Lease Volume Dries Up After Botched IPO
January 16, 2020  |  Investments

Shared workspace and real estate company WeWork only signed four new leases in Q4, a drop of 93 percent in leasing activity, after its failed...

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