Marketplace for stock trading
Exchange operator Nasdaq Inc. plans to spin off its private equity marketplace into a separate segment in partnership with a group of US banks, including Goldman Sachs G...
Taxi service Didi
Chinese giant Didi Global Inc said Beijing's order to remove the taxi-calling service from app shops in China could hit revenues. At the same time, other Chinese companies that recently went public in the US have also been the targ...
Didi and IPO
China's largest passenger taxi service company Didi has filed paperwork to go public in the US, the BBC reports.
The company is known to have the backing of major Asian technology investment firms, including Softbank (T:9984), Alibaba ...
IPO Access
Robinhood is launching a new IPO Access product that aims to "democratise IPOs" by allowing ordinary users to invest in companies' shares before they go public.
Robinhood, whose stock trading app has revolutionised access to Wall Street ...
Losses due to fine
Alibaba reported stronger revenues and number of active users in the March quarter than Wall Street expected, but posted its first loss in nine years because of a major antitrust fine.
Shares in Chinese e...
Coca-Cola's quarterly results
Coca-Cola shares rose as the company managed to beat analysts' expectations for first-quarter earnings and revenue thanks to a strong sales recovery in Asia. The company is forecasting growth for the second qu...
Alkami Technology goes public
Alkami Technology will IPO on the NYSE on April 14 under the ticker ALKT. Founded in 2009, the company provides more than 150 financial institutions and banks with a complete digital banking solution, ready to facilitat...
Largest fine in history
The company was accused of violating antitrust laws. Alibaba's actions had a negative impact on competition in the e-commerce market, the regulator said.
China's State Market Surveillance Administration has imposed a fine of...
Shares of electric car makers surge
Shares in Chinese electric car makers Nio, Xpeng and Li Auto rose sharply on Friday amid news of details of their IPO in Hong Kong. The companies are attracting major US investment banks as underwriters.
Shares o...
Company revenue growth
Cybersecurity firm CrowdStrike has reported a better end to the financial year 2021 and a better outlook for the next quarter and year than market analysts had expected.
Shares in CrowdStrike Holdings (CRWD), which ...
New funding round
Stripe, the international payment processing company, has raised $600m in funding and has a market valuation of around $95bn. higher than the valuation of Facebook or Uber on the eve of their IPOs. Stripe's millions of customers in...
Entering the market
Transport company Gett, which wants to become one of the world's leading providers of "mobility solutions", is currently exploring a merger with a company with no particular purpose other than to help other companies with an IPO ...
Sale of lab-grown chicken meat in Singapore
Eat Just received approval from the Singapore authorities at the end of 2020 to sell lab-grown chicken meat. The startup is working on obtaining approvals in other countries and is plan...
IPO plans
Major real estate company Compass, which provides technology solutions for real estate transactions in the US, has reported 55% revenue growth and plans for an IPO.
Compass, a technology s...
Report from Zoom
Zoom reported record growth in quarterly revenues and profits, exceeding Wall Street estimates. Zoom's projections for the first quarter and full fiscal year 2022 are also above expectations.
Shares in Zoom Video Communications (ZM...
SEC filing
Shares in Coinbase, one of the world's largest cryptocurrency exchanges, could soon be available on NASDAQ as the company has applied for a direct listing instead of an IPO.
Coinbase's li...
Satellite internet service
Elon Musk's private company SpaceX has moved from beta testing its Starlink satellite internet service to a wider launch. Residents in the US, Canada and the UK can now pre-order the satellite internet service from the Sta...
Grab and the U.S. IPO
One of the Southeast Asia region's most promising startups, Singapore-based Grab, is exploring the possibility of a US listing, encouraged by investor interest in an IPO, Reuters reports.
Malaysia-based Grab (also kn...
The company's stock has fallen
Billionaire and one of China's most famous personalities Jack Ma has not been seen in public for two months. The disappearance was preceded by a scandal with Jack Ma criticising China's financial and economic system an...
Tesla's competitors
Chinese rivals Tesla: Nio, Li Auto and Xpeng have reported a surge in electric car deliveries amid an economic recovery from the pandemic. Wall Street analysts forecast more sales ...
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