Posts filtered by tags: ` IPO[x]


 

For Big Hit Entertainment Stock, BTS Is (Still) the Ticket

Despite disruptions to the music industry caused by the coronavirus pandemic, Big Hit Entertainment, the management company behind K-pop superstars BTS, had a booming 2020. Last year saw BTS fully penetrate the U.S. music market, landing a No. 1 on the Billboard Hot 100, massive YouTube tallies, a Grammy nomination and swift album sales. In […]
Tags: Asia, News, Ipo, Global, Bts, Big Hit Entertainment, Bang Si-Hyuk


Kuaishou Is Said to Draw BlackRock, #AbuDhabi to $6 Billion IPO - Bloomberg

Kuaishou Is Said to Draw BlackRock, Abu Dhabi to $6 Billion IPO - Bloomberg Kuaishou Technology, the Chinese short-video startup, has attracted BlackRock Inc. and the Abu Dhabi Investment Authority as cornerstone investors in its Hong Kong initial public offering, people with knowledge of the matter said.Capital Group Cos. and Canada Pension Plan Investment Board also committed to buy stock in the offering, the people said, asking not to be identified because the information is private. Kua...
Tags: Travel, Hong Kong, Ipo, Singapore, Bloomberg, Blackrock, BlackRock Inc, Uber Technologies Inc, Canada Pension Plan Investment Board, Rupert Neil Bumfrey, Abu Dhabi Investment Authority, Kuaishou, Temasek Holdings Pte, GIC Pte, Tiktok, Bytedance Ltd


Hims, the telehealth startup, saw its shares slip in their trading debut — and that’s fine with its CEO

Hims & Hers, a San Francisco-based telehealth startup that sells sexual wellness and other health products and services to millennials, began trading publicly today on the NYSE after completing a reverse merger with the blank-check company Oaktree Acquisition Corp. Its shares slipped a bit, ending the day down 5% from where they started, but the company, which was founded in 2017 and now claims nearly 300,000 paying subscribers for its various offerings, has never been focused on a splashy headl...
Tags: Health, Startups, TC, Ecommerce, Asia, Ipo, San Francisco, Tech, Middle East, Sexual health, Cnbc, Erectile Dysfunction, Initial Public Offering, Exit, Nyse, Bay Area


Telehealth startup Hims fell in its public trading debut — and that’s fine with its CEO

Hims & Hers, a San Francisco-based telehealth startup that sells sexual wellness and other health products and services to millennials, began trading publicly today on the NYSE after completing a reverse merger with the blank-check company Oaktree Acquisition Corp. Its shares slipped a bit, ending the day down 5% from where they started, but the company, which was founded in 2017 and now claims nearly 300,000 paying subscribers for its various offerings, has never been focused on a splashy headl...
Tags: Health, TC, Ecommerce, Asia, Ipo, San Francisco, Tech, Middle East, Sexual health, Cnbc, Erectile Dysfunction, Nyse, Bay Area, SPAC, Oaktree, Howard Marks


Hot IPOs hang onto gains as investors keep betting on tech

This morning, while checking the latest price for shares of recent IPO Poshmark, I noticed that they were down from their first-day results. The company’s pricing was more than strong, and its first trading results were nearly comical. After , Poshmark sold shares in its IPO at $42 apiece. Then it opened at $97.50. Such was the exuberance of the stock market regarding the the used goods marketplace’s debut. But today it’s worth a more modest $76.30 — for this piece we’re using all Yahoo Fi...
Tags: Fundings & Exits, Startups, TC, Ipo, Tech, Affirm, Lemonade, Jfrog, Unity, Yahoo Finance, The Exchange, IPO Poshmark


Israel’s startup ecosystem powers ahead, amid a year of change

Released in 2011 “Start-up Nation: The Story of Israel’s Economic Miracle” was a book that laid claim to the idea that Israel was an unusual type of country. It had produced and was poised to produce, an enormous number of technology startups, given its relatively small size. The moniker became so ubiquitous, both at home and abroad, that “Israel Startup Nation” is now the name of the country’s professional cycling team. But it’s been hard to argue against this position in the last ten years, as...
Tags: Google, TC, Europe, Technology, Money, Microsoft, Entrepreneurship, Finance, Ipo, Israel, US, Samsung, Jerusalem, Tel Aviv, Insurance, Tech


The rise and fall (and rise again) of Twinkies

Despite Hostess' Twinkies iconic status in pop culture and lunch boxes, the beloved brand left shelves in 2012 and almost died for good. But two guys had a plan to save the vanilla creme-filled cake. And it worked. Business Insider recounts the rise, fall, and rise again of Twinkies. Visit Business Insider's homepage for more stories. Following is a transcription of the video:Narrator: A mainstay in pop culture and lunchboxes for more than 80 years...- Twinkie.- Twinkie.- Twinkie.- That's a big...
Tags: Ebay, Ipo, US, America, San Francisco, Trends, Walmart, Hillary Clinton, Bill Clinton, Atkins, Alex, Federal Trade Commission, Andy, Kroger, Purina, Interstate


The little-known videogame studio that created the cult game PUBG is planning an IPO that could take its value to a whopping $27 billion, report says

TAUSEEF MUSTAFA/AFP via Getty Images The video-game studio behind cult game PUBG is planning an IPO in 2021, Bloomberg reported.South Korean Krafton Inc's planned IPO could value the company as much as $27 billion. The CEO plans to release three more games based on or related to PUBG by 2022.Visit Business Insider's homepage for more stories.The South Korean video-game studio that created the smash game PlayerUnknown's Battlegrounds, or "PUBG," is planning an IPO in the second half of 2021...
Tags: South Korea, Ipo, US, Trends, Bloomberg, Kim, Goldman, Ray Dalio, Bloomberg He, PUBG, Tauseef Mustafa, Kim Chang, Krafton, Shalini Nagarajan, Krafton Inc, Kraton Kim


#Saudi petrochemicals giant SABIC hires NCB for speciality chemicals unit IPO - sources | Reuters

Saudi petrochemicals giant SABIC hires NCB for speciality chemicals unit IPO - sources | Reuters Saudi Basic Industries Corp (SABIC) has hired NCB Capital to advise on a potential listing of its speciality chemicals business, an offering that could raise several hundred million dollars, three sources said.The company is also sounding out foreign banks for advisory roles and HSBC and JPMorgan are among those in the final phase of pitching for the deal, which could be launched later this year or e...
Tags: Travel, Saudi Arabia, Ipo, Hsbc, Middle East, Reuters, Aramco, Jpmorgan, SABIC, NCB, NCB Capital, Rupert Neil Bumfrey, Reuters Saudi Basic Industries Corp SABIC


A Poshmark seller nabbed over $12,000 by buying stock in the company's successful IPO. Here's how she did it.

Tiffany Wood, Poshmark seller Tiffany Wood Poshmark seller Tiffany Wood now has a $12,000 nest egg because she bought stock in the company's initial public offering. Poshmark reserved 330,000 shares in the IPO for super users, according to the S1 filing. In a leaked email to Insider, Wood shared details of how Poshmark allowed her to buy into the IPO.  Visit Business Insider's homepage for more stories. Tiffany Wood, 30, has been a Poshmark seller since December, 2015, spending an average ...
Tags: Ipo, Trends, Strategy, Startup, United States, Usps, Venture Capital, Retail, Fidelity, Serena Williams, DSP, Bloomberg News, Brooklyn New York, Balenciaga, Poshmark, Tech Insider


Cryptocurrencies and SPACs show signs of 'irrational exuberance,' but the stock market is not in a bubble, says UBS

Traders working on the floor of the New York Stock Exchange are blur in this time exposure, just before the opening bell, 11 May, 2004. Stan Honda/AFP/Getty Images UBS's Mark Haefele said in a Friday note that while cryptocurrencies and SPACs show signs of "irrational exuberance," investors shouldn't worry that the whole stock market is in a bubble. Within the IPO and SPAC market and cryptocurrencies, prices are discounting future rapid price appreciation, a factor that's typically present ...
Tags: Google, Ipo, Trends, Markets, Ubs, Stocks, Airbnb, New York Stock Exchange, Stock Market, Cryptocurrencies, S&P 500, Guggenheim, SPAC, Stan Honda, Mark Haefele, Stock Market Valuation


Amazon-backed food delivery firm Deliveroo is now worth $7 billion after a $180 million pre-IPO funding round

Deliveroo CEO Will Shu at President Macron's tech summit in France in 2018. Shu said he was the only one who didn't turn up in a suit. LUDOVIC MARIN / Getty Food delivery firm Deliveroo is now worth $7 billion after raising $180 million in fresh funding. The Amazon-backed company is preparing to go public later in 2021. Insider reported this week that UK-based Deliveroo could be valued at up to $13.6 billion when it floats, with one source pegging April for an IPO date. Visit Busin...
Tags: Amazon, Asia, Europe, UK, France, Ipo, US, Trends, Fidelity, Deliveroo, Doordash, Will Shu, Macron, BRUSSELS Reuters, Shu, Tech Insider


Amazon-backed food delivery firm Deliveroo is now worth above $7 billion after a $180 million pre-IPO funding round

Deliveroo CEO Will Shu at President Macron's tech summit in France in 2018. Shu said he was the only one who didn't turn up in a suit. LUDOVIC MARIN / Getty Food delivery firm Deliveroo is now worth north of $7 billion after raising $180 million in fresh funding. The Amazon-backed company is preparing to go public later in 2021. Insider reported this week that UK-based Deliveroo could be valued at up to $13.6 billion when it floats, with one source pegging April for an IPO date. Vi...
Tags: Amazon, Asia, Europe, UK, France, Ipo, US, Trends, Fidelity, Deliveroo, Doordash, Will Shu, Macron, BRUSSELS Reuters, Shu, Tech Insider


No one knows what anything is worth

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Click here if you want it in your inbox every Saturday morning. Ready? Let’s talk money, startups and spicy IPO rumors. It was yet another week of startups that became unicorns going public, only to see their valuation soar. Already marked up by their IPO pricing, seeing so many unicorns achieve such ...
Tags: Fundings & Exits, Startups, Texas, Ipo, Tech, Tesla, Goldman Sachs, Doj, Intuit, Fintech, Gilani, Gitlab, Paige, ARR, OKR, AUM


GitLab raises $195M in secondary funding on $6B valuation

GitLab has confirmed with TechCrunch that it raised a $195 million secondary round on a $6 billion valuation. CNBC broke the story earlier today. The company’s impressive valuation comes after its most recent 2019 Series E in which it raised $268 million on a 2.75 billion valuation, an increase of $3.25 billion in under 18 months. Company co-founder and CEO Sid Sijbrandij believes the increase is due to his company’s progress adding functionality to the platform. “We believe the increase in valu...
Tags: Startups, TC, Cloud, Enterprise, Developer, Ipo, Funding, Tech, Devops, Cnbc, Gitlab, Alex Wilhelm, Wilhelm, Sid Sijbrandij, Sijbrandij, Secondaries


GitLab oversaw a $195 million secondary sale that values the company at $6 billion

GitLab has confirmed with TechCrunch that it oversaw a $195 million secondary sale that values the company at $6 billion. CNBC broke the story earlier today. The company’s impressive valuation comes after its most recent 2019 Series E in which it raised $268 million on a 2.75 billion valuation, an increase of $3.25 billion in under 18 months. Company co-founder and CEO Sid Sijbrandij believes the increase is due to his company’s progress adding functionality to the platform. “We believe the incr...
Tags: Startups, TC, Cloud, Enterprise, Developer, Ipo, Funding, Tech, Devops, Cnbc, Gitlab, Alex Wilhelm, Wilhelm, Sid Sijbrandij, Sijbrandij, Secondaries


Coinbase commits to a “better customer experience” following complaints

Coinbase has a problem. As interest in bitcoin has soared along with its price, the popular cryptocurrency exchange has found itself the target of a growing spate of angry customers who haven’t been able to access customer service. A quick look at Twitter tells the story. As ranted one upset user of the service just earlier today: “Multiple issues over the last month which cost me $$$ several open cases and 0% response?? When are you going to help me or is it easier to just forget. This wont be ...
Tags: TC, Twitter, Ipo, San Francisco, Tech, Customer Service, Paypal, Complaints, SEC, Coinbase, Cryptocurrency, Sorenson, California Department of Business Oversight


Bumble just filed for its IPO and it revealed a list of risk factors that investors should be aware of - from debt to competition

Bumble CEO Whitney Wolfe Herd is seen outside Good Morning America on January 31, 2019 in New York City. Raymond Hall/GC Images/Getty Images Dating app company Bumble filed for its initial public offering on Friday morning. The "Risk Factors" section of the document highlights the challenges facing Bumble in the years ahead. The risks include everything competing apps to the potential for tech-focused legislation. We break down the full list below. Visit Business Insider's homepage for mor...
Tags: Mobile, Ipo, Trends, Features, Good Morning America, Bumble, Initial Public Offering, Securities And Exchange Commission, S1, Risk Factors, Ben Gilbert, Tech Insider, Whitney Wolfe Herd, New York City Raymond Hall GC, Form S1, Whitney Wolfe Herd Raymond Hall GC


Playtika skyrockets 34% after raising $1.88 billion in IPO

Reuters / Brendan McDermid Shares of Playtika surged as much as 34% Friday, giving the mobile game developer a valuation of almost $15 million. Playtika's Thursday IPO raised $1.88 billion for the firm after 69.5 million shares were priced at $27 apiece, slightly above the initial marketed range. Playtika shares trade on the Nasdaq under the ticker symbol "PLTK." Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares of Playtika soared as much as 34% on Friday, g...
Tags: Europe, Ipo, Trends, Caesars Entertainment, Markets, Tesla, Mobile Gaming, Mobile Games, Stocks, Stock Market, Nasdaq, Goldman, Tiger Global Management, EBITDA, Playtika, Tech Stocks


The Compass IPO: Everything you want to know but were afraid to ask

What are the next steps? How do Compass agents stock grants or RSUs work, and when can agents sell their shares? Will going public change the way Compass operates? Inman answers those questions and more.
Tags: Ipo, Radio, Share Price, Trading, Compass, Inman, Brokerage, Select, Public Offering, Robert Reffkin, Agent Equity, Compass valuation


Bumble files to go public

The dating and networking service Bumble has filed to go public. The company, launched by a former co-founder of the IAC-owned Tinder, plans to list its share on the Nasdaq stock exchange, using the ticker symbol “BMBL.” Bumble’s planned IPO was first reported in December. Whitney Wolfe Herd doesn’t care what she’s supposed to do Bumble CEO Whitney Wolfe Herd was on the founding team at Tinder before starting Bumble. She filed suit against Tinder for sexual harassment and discrimination,...
Tags: Fundings & Exits, Startups, TC, Mobile, Apps, Tinder, Ipo, Tech, IAC, Bumble, Blackstone, EBITDA, GAAP, Andrey Andreev, Whitney Wolfe Herd, Wolfe Herd


Read Bumble CEO Whitney Wolfe Herd's letter celebrating the company publicly filing for an IPO

Evan Agostini/Invision/AP Bumble publicly filed to go public on Friday after confidentially filing IPO paperwork in 2020. Whitney Wolfe Herd, who cofounded rival dating app Tinder, launched Bumble in 2014. In a letter accompanying Bumble's S-1 paperwork, Herd celebrated the dating app company's women-first approach as well as "1.7 billion first moves made by women." Visit Business Insider's homepage for more stories. Dating app company Bumble filed to go public on Friday morning.Whitney W...
Tags: Ipo, Trends, Dating Apps, Bumble, Tech Insider, Whitney Wolfe Herd, Katie Canales, Evan Agostini Invision AP Bumble, Bumble Inc, Team Bumble Inc


As home sales skyrocket and IPO looms, Diane Yu joins fintech Better.com as CTO

The pandemic might have wiped out whole swaths of the economy, but one area that is pulsating with activity is home sales. Driven by remote work and changing commute patterns, home sales skyrocketed last year, with the National Association of Realtors predicting that the total volume when fully calculated will be the highest in 14 years. That’s been great news for Better Mortgage (which generally brands itself as Better.com for presumably that SEO love). According to the company, it is now under...
Tags: Finance, Ipo, Tech, Comcast, Mortgage, Morgan Stanley, Hiring, Cto, Better, Kevin Ryan, Ryan, DoubleClick, National Association of Realtors, L Catterton, Better Mortgage, Better.com


Bumble just publicly filed for an IPO, revealing 42 million monthly users

Jerod Harris/Getty Images for Fortune Bumble publicly filed a form S-1 for an IPO with the Securities and Exchange Commission on Friday. Bumble confidentially filed IPO paperwork with the SEC in 2020. Whitney Wolfe Herd, a co-founder of Tinder, launched the dating-app company in 2014.  Visit Business Insider's homepage for more stories. Bumble publicly filed for an IPO on Friday.The dating company filed a form S-1 for its IPO with the Securities and Exchange Commission, revealing the comp...
Tags: News, Ipo, Trends, Markets, Bloomberg, Usps, Jp Morgan, SEC, Bumble, Whitney Wolfe, Serena Williams, Securities And Exchange Commission, Blackstone Group, Balenciaga, Tech Insider, Jerod Harris Getty


Bumble just publicly filed for an IPO

Bumble Bumble publicly filed a form S-1 for an IPO with the Securities and Exchange Commission on Friday. Bumble confidentially filed IPO paperwork with the SEC in 2020. Whitney Wolfe Herd, a co-founder of Tinder, launched the dating-app company in 2014.  Visit Business Insider's homepage for more stories. Bumble publicly filed for an IPO on Friday.The dating company filed a form S-1 for its IPO with the Securities and Exchange Commission, revealing the company is looking to trade under t...
Tags: News, Ipo, Trends, Markets, Bloomberg, SEC, Bumble, Whitney Wolfe, Securities And Exchange Commission, Tech Insider, Bumble Bumble, Allana Akhtar, BMBL


A theory about the current IPO market

As expected, shares of Poshmark exploded this morning, blasting over 130% higher in afternoon trading from the company’s above-range IPO price of $42. The enormous and noisy debut of Poshmark comes a day after Affirm, another IPO, was treated similarly by the public markets. Both explosive debuts were preceded by huge December debuts from C3.ai, Doordash and Airbnb. It seems today that any venture-backed company that can claim some sort of tech mantle is being treated to a strong IPO pricing run...
Tags: Fundings & Exits, Startups, Ipo, Tech, Affirm, Doordash, Poshmark


Petco soars 73% in first day of trading after raising $817 million

AP Photo/Tony Dejak Petco soared as much as 73% in its first day of trading on Thursday.The pet-centric retailer raised $817 million in its IPO debut after its shares priced at $18.The IPO frenzy has continued into 2021 following the trading debut surges of Affirm and PoshMark.Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Petco soared in its first day of trading on Thursday, leaping as much as 72% in initial trades after raising $817 million in proceeds. The com...
Tags: Ipo, Trends, Markets, Stocks, Stock Market, CVC, Petco, CVC Capital Partners, Poshmark, Matthew Fox, Nasdaq Exchange, Ipo 2021, Petco Stock, Petco Stock Price, Tony Dejak Petco, Opening Bell Petco


Poshmark surges 150% on its first day of trading after $277 million IPO

Rafael Henrique/SOPA Images/LightRocket via Getty Images Poshmark soared as much as 150% on Thursday after going public Wednesday The online marketplace for second-hand goods raised $277 million IPO Wednesday, selling 6.6 million shares for $42 apiece. Poshmark's leap continues the trend of massive investor demand for IPOs and SPACs, the company trades under the ticker "POSH" on the Nasdaq Global Select Market. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.  Pos...
Tags: Ecommerce, Ipo, US, Trends, Markets, Paypal, Stocks, Stock Market, Max Levchin, SPAC, Redwood, Poshmark, Tech Stocks, Morgan Stanley Goldman Sachs Group Inc, Rafael Henrique SOPA Images LightRocket, Ipo 2021


Mosaic raises $18.5M Series A from GC to rebuild the CFO software stack

CFOs are the supposed omniscient owners of a company. While the CEO sets strategy, messages, and builds culture, the CFO needs to know everything that it is going on in an organization. Where is revenue coming from, and when will it arrive? How much will new headcount cost, and when do those expenses need to be paid? How can cash flows be managed, and what debt products might help smooth out any discontinuities? As companies have migrated to the cloud, these questions have gotten harder to answe...
Tags: Google, Fundings & Exits, Startups, Finance, Ipo, Funding, Tech, ERP, Anaplan, Palantir, Felicis Ventures, Cfo, Mosaic, Everlaw, XYZ Ventures, Ross Fubini


From rumors to reality: The long and winding path to a Compass IPO

Compass' initial public offering has been the source of speculation at both Inman and other media outlets since at least 2017. Here's a look back at the origins of our obsession.
Tags: Ipo, Radio, Compass, Dragoneer Investment Group, Industry News, Craig Anderson, Brokerage, Select, SoftBank Vision Fund, Public Offering, Robert Reffkin