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

Yandex May Buy Out Joint Venture With Uber
Yandex May Buy Out Joint Venture With Uber
June 11, 2020  |  Ridesharing

Russian-based Yandex may drop plans for having an initial public offering (IPO) of stock for its ride-hailing business, which it owns with Uber Technologies, Inc.....

READ MORE >
Today In Payments: Uber Eats Quits Ghost Kitchens; Klarna Pushes Into Rewards Space With ‘Vibe’
Today In Payments: Uber Eats Quits Ghost Kitchens; Klarna Pushes Into Rewards Space With ‘Vibe’
June 10, 2020  |  News

In today’s top news, Uber Eats abandoned its ghost kitchens program, Klarna announced a rewards program, and a slew of financial service firms have gone...

READ MORE >
Vroom’s Shares Surge Following IPO
Vroom’s Shares Surge Following IPO
June 09, 2020  |  IPO

Online auto retailer Vroom Inc. saw its shares more than double on Tuesday (June 9) on their first day of trading following the company’s initial public...

READ MORE >
Today In Payments: InsurTech Lemonade To Go Public; Affirm Unveils High-Yield Savings Account
Today In Payments: InsurTech Lemonade To Go Public; Affirm Unveils High-Yield Savings Account
June 09, 2020  |  News

In today’s top news, insurance tech startup Lemonade filed an IPO, and Affirm launched a high-yield savings account. Plus, retail dispute management firm Chargeback raised...

READ MORE >
Lemonade, Vroom And Shift4 Payments IPOs Show Wall Street Is Embracing The Digital Leap
Lemonade, Vroom And Shift4 Payments IPOs Show Wall Street Is Embracing The Digital Leap
June 09, 2020  |  Markets

It would have been inconceivable just a few weeks ago to think that U.S. stocks would rebound the way they have, with the S&P 500...

READ MORE >
WeWork Eyes Closing Doors On Its WeLive Shared-Housing Communities
WeWork Eyes Closing Doors On Its WeLive Shared-Housing Communities
June 09, 2020  |  Investments

WeWork is considering ending its plans for WeLive, its communal living program based in Crystal City near Washington D.C., Bloomberg reports from anonymous sources. Get...

READ MORE >
InsurTech Lemonade To Go Public
InsurTech Lemonade To Go Public
June 09, 2020  |  IPO

Betting going public will take advantage of a resurgence as the market recovers from COVID-19, Lemonade Inc., the technology-driven startup, has filed an initial public...

READ MORE >
Vroom Shifts IPO Into High Gear; Looks To Raise $467.5M
Vroom Shifts IPO Into High Gear; Looks To Raise $467.5M
June 08, 2020  |  IPO

As it looks to bring in up to $467.5 million from investors, Vroom intends to provide pricing for its initial public offering (IPO) ahead of...

READ MORE >
Nasdaq Ahead Of NYSE In IPOs With 44 Deals Worth $12.2 Billion Combined
Nasdaq Ahead Of NYSE In IPOs With 44 Deals Worth $12.2 Billion Combined
June 08, 2020  |  IPO

In the race for initial public offerings (IPOs), Nasdaq has bypassed the New York Stock Exchange (NYSE) during the coronavirus era, according to a report...

READ MORE >