Plant Ripple den Börsengang? Ein Stelleninserat auf der Ripple Website deutet darauf hin: Der XRP-Entwickler bietet ein jährliches Gehalt von 143.792 bis 179.740 US-Dollar für diese spezielle Position. In der Stellenbeschreibung heisst es: At Ripple, we’re building a world where value moves like information does today. It’s big, it’s bold, and we’re already doing it. Through our crypto solutions for financial institutions, businesses, governments...
Read More »Germany’s Premium Footwear Brand Birkenstock Eyes $9.2B Valuation in IPO
Birkenstock confidently moves ahead with its IPO plans despite mixed performances of other listings in September. Goldman Sachs, JPMorgan, and Morgan Stanley shall be the underwriters for the IPO. Birkenstock, the renowned German premium footwear brand supported by private-equity firm L Catterton, has announced its intention to pursue a highly anticipated initial public offering (IPO) in New York. For its IPO the company is targeting a valuation of up to $9.2 billion. In this IPO, the...
Read More »Alibaba’s Cainiao Files for $1B IPO on Hong Kong Stock Exchange
The significance of this IPO is further highlighted when considering the expected global ranking of this offering. Cainiao Smart Logistics Network Ltd, the logistics unit of Alibaba Group Holding Ltd (HKG: 9988) has taken a significant step by submitting its A1 filing to the Hong Kong Stock Exchange, aiming to raise at least $1 billion in its Initial Public Offering (IPO). Alibaba to Hold Huge Stake in Cainiao Despite listing Cainiao on the Hong Kong Stock Exchange, Alibaba is set to...
Read More »Lumi Rental’s Shares Soar 30% on Riyadh Stock Exchange IPO Debut
Lumi IPO’s success is seen as a positive indicator for other Saudi companies contemplating going public. In a dazzling debut on the Riyadh stock exchange, Lumi Rental Co., the Saudi Arabian auto rental firm, witnessed its shares surge by an astonishing 30% on its first day of trading. The Initial Public Offering (IPO), valued at 1.09 billion Riyals ($290 million), not only exceeded expectations but also set the stage for a new era in the region’s automotive industry. Today, we listed on...
Read More »Instacart Aims to Raise $616 Million in Upcoming IPO
As a publicly traded company, Instacart will need to navigate fierce competitions. Instacart, the popular on-demand grocery delivery and pickup service has submitted an updated filing for its upcoming Initial Public Offering (IPO), revealing its ambition to raise up to $616 million in fresh capital alongside existing shareholders. Instacart IPO: Pricing Strategy In its updated filing, Instacart disclosed its intention to set an offer price for its IPO within the range of $26 to $28 per...
Read More »SoftBank’s Chipmaker Arm May See $52B Valuation in Upcoming US IPO
Only 9.5% of the Arm American Depository Shares would be available to the general public at the IPO, while SoftBank retains the rest. Chip design company Arm may be looking for up to $4.87 billion in funding at the conclusion of its upcoming initial public offering (IPO), which could put the company’s valuation at $52 billion. Arm has submitted an updated F-1 filing to the United States Securities and Exchange Commission (SEC) as it prepares for the IPO. Arm’s shares will float as American...
Read More »Ant Group Prepares for Hong Kong IPO with Strategic Restructuring
[unable to retrieve full-text content]CoinspeakerAnt Group Prepares for Hong Kong IPO with Strategic Restructuring Ant Group’s IPO was halted in 2020 after the Chinese government intervened, citing rising concerns about the company's growth and potential systemic threats to the financial industry. Ant Group Prepares for Hong Kong IPO with Strategic Restructuring
Read More »Yahoo Set to Make Comeback by Going Public via IPO
[unable to retrieve full-text content]CoinspeakerYahoo Set to Make Comeback by Going Public via IPO The tech industry has witnessed a surge in IPOs this year, reflecting the robust investor appetite for innovative and high-growth companies. Yahoo Set to Make Comeback by Going Public via IPO
Read More »Citigroup Unveils Plans to Take Its Mexican Offshoot Banamex Public
The IPO process would involve offering shares of Banamex to the public, allowing outside investors to purchase those shares and become partial owners of Banamex. American multinational investment banking giant Citigroup Inc (NYSE: C) has revealed its plans to pursue an Initial Public Offering (IPO) for its Mexico business, Banamex. The bank intends to separate Banamex from its operations and offer shares of Banamex to the public for the first time. According to the announcement, Banamex,...
Read More »Hong Kong IPO Market to Rebound This Year after Turbulent 2022
Despite the raging impact of inflation in different economies, monetary authorities have not been sitting on their oars, rather, they have been fighting the surge through consistent interest rate hikes. The Hong Kong Initial Public Offering (IPO) market has failed to get lifted from its dampened sentiment after the listing of Chinese liquor company ZJLD Group failed relatively. As reported by CNBC, the shares of ZJLD Group tumbled as hard as 18% on its first day of trading back on April...
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