IPO

The China Securities Regulatory Commission (CSRC) has said that it will initiate talks with its U.S. counterpart and support overseas listings after the U.S. Securities and Exchange Commission halted the initial public offerings of Chinese companies, Reuters reports.  The CSRC is...

Four months after raising $1.2 billion, instant delivery application Gopuff announced it has closed on a Series H round for $1 billion, reaching a $15 billion valuation. The round was led by new investor Blackstone's Horizons platform and its previous investor Fidelity Management and Research Co....

The beauty industry has a bad habit of labeling everything as a trend, even eliminating toxic ingredients. Clean beauty is no exception of this phenomenon, resulting in many brands using the term vaguely without a real green commitment. However, consumers are demanding better quality, cleaner and...

Last week's 19 IPO week had a lot of life sciences and software. This week, US IPO activity continues at a record with 25 scheduled IPOs, marking the fifth week in 2021 with at least 17 US IPOs, the most since 2000. With the August lull just around the corner, five SPACs raised $895. Here is a...

After another week of record activity, the IPO market will be even hotter with 25 scheduled IPOs this week. If all scheduled IPOs begin trading as expected, this will be the busiest week for the US IPO market in more than two decades. In its eagerly awaited public debut, commission-free retail...

Clover Leaf Capital Corp. (NASDAQ: CLOEU) has closed its previously announced initial public offering of some 13,831,230 units at $10 per unit. The move follows the company’s debut on the Nasdaq Capital Market under the ticker symbol “CLOEU” on Tuesday, July 20. The transaction...

The shortened week had a few events on the economic and policy fronts. There was only a few corporate news, including Levi Strauss & Co (NYSE: LEVI) that reported fiscal second-quarter earnings along with Costco Wholesale Corporation (NASDAQ: COST). On the same day, Stellantis N.V. (NYSE:...

We have witnessed a record last week, with 19 launched IPOs and almost $10 billion raised. That is the most companies in one week since 2004. Even more, the NYSE floor which has been rather quiet in the past year came back to life. SPACs have been favored for a good part of 2020 and the beginning...

Last week turned out to be the busiest IPO week since 2004. Nearly $10 billion was raised in 19 public offerings. DiDi Global (NYSE: DIDI), a Chinese ride-hailing app with 15 million drivers across 4,000 towns and cities, led the way by raising $4.4 billion at a $70.4 billion market cap....

India-based e-commerce shopping portal Flipkart announced Monday it has raised $3.6 billion in new funds from a group of investors, including one very big name: Walmart (NYSE: WMT).  "Flipkart is a great business whose growth and potential mirrors that of India as a whole — that's why we invested...

One of the best-performing technology stocks of all time is Microsoft Corporation (NASDAQ: MSFT). What Happened: Microsoft joined Apple Inc (NASDAQ: AAPL) as the second company to have a market capitalization of $2 trillion, which it recently passed. The company, led by CEO Satya Nadella, had a...

17 IPOs are slated to raise $9.1 billion in the week ahead, led by long-awaited Chinese ride-hailing giant DiDi Global (NYSE: DIDI), scheduled to make its billion-dollar debut. DiDi DiDi is aiming for a market cap of $67.5 billion. China's dominant ride-hailing app expects to raise more than $4...

Didi Global operates in 16 countries, but 90% of its revenues come from China. In 2020, the ride-hailing giant saw its business plummet due to lockdowns related to COVID-19 and lost $1.6 billion on $21.6 billion in revenue, a 10% decline from 2019. The loss might have been bigger, save for its...