IPOs Stumbling in Face of High Valuations
More than half of the companies that raised more than $1 billion for initial public offerings are now trading way below their listing price.
Amazon has 20% stake in EV maker Rivian, reveals IPO filing
Amazon owns a 20% stake in Rivian, the electric vehicle startup that has filed for an initial public offering (IPO) in September, seeking a valuation of more than $70 billion.
Robinhood files to go public
The infamous Robinhood Markets Inc. that brought Wall Street to its knees announced that it submitted a confidential plan to go public later this year. It’s unclear whether the f
It’s end of a sweet ride for Uber, says SoftBank’s Vision Fund
SoftBank Vision Fund’s loss of $17.7 billion last year had a lot to do with Uber’s botched IPO and the pandemic that brought the demand for ride-sharing to a standstill.
Southeast Asia’s digital powerhouse Gojek and Tokopedia in advanced merger talks
Gojek is in advanced talks about merging with e-commerce leader Tokopedia, ahead of a planned IPO of the combined entity.
Fisker IPO: Fisker goes public, valued at $2.9 billion
Fiscal is a start-up manufacturing electric vehicle based in California and the transaction will bring in the necessary funding for it to go into the production of its Fisker Ocean
Albertsons is planning an IPO with a billion dollar valuation
Albertsons Companies, the nation’s’ fourth-largest supermarket chain, has filed for an initial public offering with plans to raise up to $1.32 billion. The company is offer
PPD Raises $1.6 Billion in IPO
PPD Inc, the drug research and biotech company, raised more than $1.6 billion in its initial public offering. Its 60 million shares were sold for 27 dollars each, after an original
Spotify Files To Go Public In The U.S.
Music streaming service provider, Spotify has on Wednesday filed for a direct listing of its shares to the public. The filing by Spotify is considered as “an unusual path to
