IPO
Didi Global must face US investor lawsuit over IPO
DIDI Global, the Chinese ride-hailing company, must face a lawsuit in a US court claiming it defrauded investors by concealing and disobeying a Chinese government order to postpone its...
Citigroup probes senior IPO banker over bullying claims
CITIGROUP is investigating workplace harassment allegations made by at least one employee against a senior US banker who works on initial public offerings, four people with direct knowledge of...
Reddit sees more than 20% sales growth in 2024 in IPO roadshow
REDDIT is telling potential investors in its initial public offering (IPO) that it expects revenue in 2024 to grow by more than 20 per cent versus the previous year,...
Arm’s shares rise as Wall Street eyes IPO lock-up expiration
SHARES of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1 per cent to US$129.50 on Tuesday (Mar 12) as markets braced for increased trading activity...
Reddit launches long-awaited IPO with US$748 million target
REDDIT and its investors disclosed further details of what is set to be one of the year’s biggest initial public offerings in which they are seeking to raise as...
Reddit launches long-awaited IPO with US$748 million target
REDDIT and its investors disclosed further details of what is set to be one of the year’s biggest initial public offerings in which they are seeking to raise as...
China’s Zhida weighing HK$1 billion Hong Kong IPO this year
SHANGHAI Zhida Technology Development, a maker of electric-vehicle (EV) charging systems, is considering an initial public offering (IPO) in Hong Kong that could raise about HK$1 billion (S$172 million),...
Shein considers London IPO amid US resistance to listing
FAST-FASHION company Shein is considering the possibility of switching its initial public offering (IPO) to London from New York because of hurdles to the listing in the United States,...
