IPO

Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
CHINESE companies are staring at the prospects of a drought of new equity capital as tougher domestic initial public offering (IPO) rules and challenges in listing overseas severely curb...
India sizzles in global equity capital markets amid deals drought in Asia
India sizzles in global equity capital markets amid deals drought in Asia
INDIA’S bulging pipeline of large block trades and listings such as the US$3 billion IPO of Hyundai Motor’s unit will draw more funds to a market whose share of...
With Cainiao buyback, Alibaba takes aim at rivals’ overseas advance
With Cainiao buyback, Alibaba takes aim at rivals’ overseas advance
ALIBABA’S plan to buy full control of its logistics subsidiary rather than spinning it off could signal the Chinese giant is taking competition from e-commerce rivals Shein and Temu...
With Cainiao buyback, Alibaba takes aim at rivals’ overseas advance
With Cainiao buyback, Alibaba takes aim at rivals’ overseas rise
ALIBABA’S plan to buy full control of its logistics subsidiary rather than spinning it off could signal the Chinese giant is taking competition from e-commerce rivals Shein and Temu...
Nissan will invest in Renault EV unit even though IPO scrapped: CEO
Nissan will invest in Renault EV unit even though IPO scrapped: CEO
JAPAN’S Nissan Motor will invest in the electric vehicle unit of alliance partner Renault even though the French carmaker has decided not to list the unit, Nissan’s CEO said...
Norway’s US.6 trillion fund voices concern over UK IPO proposals
Norway’s US$1.6 trillion fund voices concern over UK IPO proposals
NORWAY’S US$1.6 trillion sovereign wealth fund warned that the UK’s Financial Conduct Authority’s plan to simplify rules around public listings could undermine investor confidence in the market.“We are concerned...
Walmart-backed Ibotta files for IPO showing profitability
Walmart-backed Ibotta files for IPO showing profitability
DIGITAL marketing software firm Ibotta filed for an initial public offering on the heels of this week’s successful debuts by Reddit and Astera Labs. The Denver-based company, which helps...
Reddit prices IPO at top of indicated range to raise US8 million
Reddit prices IPO at top of indicated range to raise US$748 million
SOCIAL media platform Reddit priced its initial public offering at the top of its targeted range of US$31 to US$34 per share on Wednesday, raising US$748 million and giving...
Chinese robotic vacuum maker Dreame Tech is said to consider IPO
Chinese robotic vacuum maker Dreame Tech is said to consider IPO
DREAME Technology, a Chinese maker of smart home appliances such as robotic vacuum cleaners, is considering an initial public offering that could raise at least US$300 million, people familiar...
Reddit’s IPO as much as five times oversubscribed, sources say
Reddit’s IPO as much as five times oversubscribed, sources say
REDDIT’S initial public offering is currently between four and five times oversubscribed, people familiar with the matter said on Sunday, making it more likely the social media platform will...