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

Uber’s New CEO Says Company Will Invest In India Operations

Uber’s New CEO Says Company Will Invest In India Operations
Uber’s New CEO Says Company Will Invest In India Operations
February 22, 2018  |  Ridesharing

Uber’s new Chief Executive Officer, Dara Khosrowshahi, dismissed rumors during a presentation in India about a potential merger with ridesharing service Ola, saying instead that...

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Alt-Lending Conglomerate TruFin Lands $97M In IPO
Alt-Lending Conglomerate TruFin Lands $97M In IPO
February 14, 2018  |  B2B Payments

An alternative lending conglomerate based in the U.K. just secured more than $97 million through an initial public offering. Get the Full Story Complete the...

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Cardlytics Breaks IPO Drought, Ends First Day Up
Cardlytics Breaks IPO Drought, Ends First Day Up
February 12, 2018  |  Payment Methods

Cardlytics, the newly public company that runs the cashback programs for 2,000 financial companies — including Bank of America — finished its first day of trading as a...

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Today In Data: Workplace AI, Faster Payments’ Proliferation And Snap Shares Are Up
Today In Data: Workplace AI, Faster Payments’ Proliferation And Snap Shares Are Up
February 07, 2018  |  Today In Data

Today in PYMNTS data, finance professionals are using artificial intelligence (AI) in the workplace, payment speeds have varying impacts on different-sized businesses, Snap shares officially...

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Snap Shares Soar As App Redesign Bears Fruit
Snap Shares Soar As App Redesign Bears Fruit
February 07, 2018  |  Earnings

And in a Snap, the Snap shares soared, snapping a losing streak that had brought forth the dreaded “busted IPO” sobriquet. Get the Full Story...

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Airbnb IPO Uncertain As CFO Leaves
Airbnb IPO Uncertain As CFO Leaves
February 02, 2018  |  Social Commerce

Amid tensions and a shakeup among executives, Airbnb chief financial officer (CFO) Lawrence Tosi has departed the company — and left behind uncertainty over its...

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Ant Financial Stake Helps Alibaba Beat The Street
Ant Financial Stake Helps Alibaba Beat The Street
February 02, 2018  |  Investments

Alibaba, China’s leading eCommerce player, announced a 56 percent increase in earnings during its third quarter and revealed it’s acquiring a 33 percent stake in...

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Blue Apron Tops The List For Worst Performing IPOs
Blue Apron Tops The List For Worst Performing IPOs
January 26, 2018  |  Retail

Blue Apron was the worst-performing tech initial public offering (IPO) in 2017, according to Crunchbase’s ranking of tech IPOs. The meal kit company launched at $10...

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