IPO

Informatica's $9B IPO Ask

Informatica, the data-management software provider, is seeking as much as $928 million in its return to the public markets

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Volvo Plans IPO Valued at $25 Billion

Volvo Cars have had ambitious aspirations to fully phase out traditional combustion engines and replace their entire 500,000 car fleet with fully electric or hybrid cars earlier than anyone else. While most car makers intend on fully switching over to electric or hybrid vehicles by 2035, Volvo may reach its goals within the next couple of years

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OVHcloud Plans $4.7 Billion IPO

European cloud-service provider OVHcloud is shopping to launch an initial public offering which could value the company at $4.7 billion. The company, which is based in France, offers storage, computing, and networking services to companies within North America, Europe, Singapore and Australia

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Robinhood's $35 Billion IPO

A filing released Monday by the SEC has stated that Robinhood will be seeking a market valuation of $35 billion in its initial public offering. Robinhood had a market valuation of $11.7 billion as of September of 2020

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JD Logistics to Raise $3.4 Billion in IPO

After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. Dubbed the Amazon Logistics of China, JD Logistics will price its share between HK$39.36 and HK$43.36 apiece, which could see the firm raise up to about HK$26.4 billion or $3.4 billion

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Coinbase Market Cap Hits $100 Billion

Coinbase direct public offering has had a blowout debut exceed a market capitalization of $100 billion this morning. Coinbase’s growth as of late is unsurpassed next to recent high-profile public offerings. The company said last week in announcing preliminary Q1 results that revenue in the period surged over ninefold year to date to $1.8 billion with net income climbing from $32 million to between $730 million and $800 million

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Compass's IPO Debut

SoftBank backed real estate tech company Compass closed its first day of trading at $20.15, about 12 percent above its IPO price. The company priced its shares at $18 apiece, the low end of its target range. Compass raised about $450 million through its IPO, and began trading at $21.25 on Thursday, around 22 percent above its IPO price. The company initially set a price range of between $23 and $26 before lowering the range on Wednesday to between $18 and $19

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Ecommerce Giant Races Towards IPO

03.08.21 - The South Korean e-commerce giant, Coupang Inc.’s, initial public offering is has looked set to be the largest listing by a company from Korea in about a decade

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TikTok Competitor's Big IPO

02.01.21 - In a previous issue recently, we had talked about Kuaishou Technology, the operator of China’s most popular video service after ByteDance’s Douyin (i.e., TikTok) and their upcoming IPO launch

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TikTok Competitor Preparing for Huge IPO

01.25.21 - Kuaisho, a short-form video app based in Beijing, is preparing for what is anticipated to be one of the world's largest IPOs since the beginning of the pandemic in 2020. The TikTok competitor is looking to raise as much as $6.2 billion in a stock market listing on the Hong Kong Exchange

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Bumble Files for IPO

01.18.21 - Bumble is getting ready for its big debut on Wall Street. The company filed paperwork on Friday for its initial public offering. It will list on the Nasdaq under the stock ticker "BMBL."

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Airbnb IPO Pushing Monster $42 Billion Valuation

12.07.20 - In a good sign for the IPO market, Airbnb has upped its price range to between $50-$60 giving the company a fully diluted valuation of as much as $42 billion up from $35 billion.

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Roblox IPO Marks A New Trend for Gaming

11.23.20 - Videogame company Roblox has filed to go public at a time when the pandemic has caused demand for online gaming to absolutely explode.Roblox said Thursday in its preemptive filing documents and disclosures before it’s initial public offering that the company has enjoyed massive sales growth. Revenue advanced 56% to $488.2 million in 2019 and increased further during the pandemic. Sales in the first nine months of this year rose more than 68% to $588.7 million, according to filing, and bookings in that period surged 171% from a year earlier

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Bumble Swiping Right On IPO

11.16.20 - The popular dating app, Bumble, is planning an initial public offering as early as the first quarter of 2021. Reports have said Bumble is working with Goldman Sachs and Citigroup on the planned listing and is also being advised by Morgan Stanley

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Chasing Dragons

10.26.20 - Ant Group intends to price its IPO in Shanghai and Hong Kong this week, and many in the finance community believe it could set new records for stock market listings and serve to provide a boost to China’s growing economy as it recovers from the pandemic

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Airbnb IPO

08.17.20 - This seems to be Airbnb’s August. The long-anticipated IPO of tech unicorn Airbnb seems to finally be upon us. The company had planned to file to go public earlier this year but put those ambitions on hold due to, you already know…COVID

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Make Rain or Make It Snowflake

09.14.20 - Data storage company Snowflake has filed a new S1 and is raising its tentative pricing range by 30% to between $100 to $110 a share amid growing investor demand. Last week it was revealed in disclosures that Berkshire Hathaway and Salesforce each agreed to buy $250 million in stock in a private placement. At the new price range, Snowflake would be now valued at more than $29 billion more than double its $12.5 billion valuations after its February fundraising round.

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GoodRx Hits IPO Button

08.31.20 - Among the public offerings happening in tech, GoodRx has a different story to tell. For one thing, the company has not only been profitable for four years, it has great profit margins. Revenues has grown by over 48% year over year in the first half of 2020. The company helps people get better prices on prescription pharmaceuticals. Whenever a customer uses a GoodRx code to purchase their pharmaceuticals, the company gets paid a fee by a pharmacy benefit manager

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Chinese Tesla Rival Set to Drop IPO

08.24.20 - A Chinese electric automaker backed by Alibaba, called XPeng Motors, is set to drop their IPO on the New York Stock Exchange, where it hopes to raise up to $1.1 billion. The company has applied for an initial public offering, despite worsening tensions between Washington and Beijing and continued scrutiny of Chinese firms in the US

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The $225 Billion Ant Mountain

08.24.20 - Alibaba’s Ant Financial Services may be set to be one of the largest IPO’s in history. Ant Group is seeking to raise as much as $30 billion at a valuation between $200-$225 billion in a dual Shanghai-Hong Kong listing. Ant Group operates Alipay a payment and lifestyle app that boasts over 1 billion users and handling trillions of dollars in payments each year. The company was previously valued at $150 billion two years ago after raising $14 billion in private capital. The company is going public at the perfect time as the Chinese IPO market is red hot. Ant’s sister company Alibaba dubbed the asset-light Amazon of the east, went public in 2014 at an over $168 billion raising north of $25 billion

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