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IPO

Fintech firm Airwallex hits $500M ARR, plans to be IPO-ready by 2026

by Walter Watson
Fintech firm Airwallex hits 0M ARR, plans to be IPO-ready by 2026

Airwallex, which was most recently valued at $5.5 billion and is backed by Tencent, has been tipped as one of many prominent fintech IPO candidates. Jose Sarmento | Bloomberg | …

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Ola Electric shares rise 20% in India IPO, valuing firm at $4.8 billion

by Horatio Thompson
Ola Electric shares rise 20% in India IPO, valuing firm at .8 billion

Bhavish Aggarwal, Chief Executive Officer (CEO) of Ola Cabs and founder of Ola Electric speaks during a press conference ahead of the Initial Public Offer (IPO).  Ashish Vaishnav | Sopa …

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2024 shaping up to be another tough year for IPOs

by Ron Morgan
2024 shaping up to be another tough year for IPOs

This week will mark the biggest week for initial public offerings all year. Unfortunately, it may not be enough to get the IPO market out of its funk. Financial services …

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Shanghai Henlius Biotech shares soar in Hong Kong after Fosun’s US$690 million buyout offer

by Anas Siddiqui
Shanghai Henlius Biotech shares soar in Hong Kong after Fosun’s US0 million buyout offer

China International Capital Corp (CICC) and Fosun International Capital, a subsidiary of Fosun International, are joint financial advisers for the deal. “The listing status of the company no longer provides …

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Chinese fast-fashion giant Shein filed for London IPO in early June, sources say

by Anas Siddiqui
Chinese fast-fashion giant Shein filed for London IPO in early June, sources say

Shein confidentially filed papers with Britain’s markets regulator in early June, two sources said, kicking off the process for a potential London listing by the online fast-fashion retailer later in …

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Shein confidentially files for London IPO

by Anas Siddiqui
Shein confidentially files for London IPO

Shein sign during its opening, at ABC Serrano, on 26 April, 2024 in Madrid, Spain.  Alejandro Martinez Velez | Europa Press | Getty Images Shein, the fast fashion giant with …

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China talks up support for IPOs. Investors are watching the speed of approval

by Ron Morgan
China talks up support for IPOs. Investors are watching the speed of approval

A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, …

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Shein US IPO is dead, experts say

by Anas Siddiqui
Shein US IPO is dead, experts say

The Shein logo can be seen on a smartphone, while the Chinese online retailer’s website is open on a laptop.  Monika Skolimowska | Picture Alliance | Getty Images China-founded e-commerce …

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Shein’s London IPO plan in regulatory limbo as investors grow jittery, sources say

by Walter Watson
Shein’s London IPO plan in regulatory limbo as investors grow jittery, sources say

The concerns of shareholders adds to the challenges Shein has faced while searching for a place to host its public debut. More troublesome for the online retailer is the regulatory …

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After going out of public eye, Hexaware returns to market with an IPO. But is the price right?

by Edgar Davis
After going out of public eye, Hexaware returns to market with an IPO. But is the price right?

R Srikrishna CEO, Hexaware Technologies; image credit: company Synopsis Owned by PE firms for over a decade, Hexaware has catapulted itself into the big league. But that growth has come …

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