Huawei smartphone spinoff Honor plans IPO
The Honor Magic Vs is on display at Honor’s stand at the Mobile World Congress in Barcelona. Arjun Kharpal | CNBC Honor, a spinoff of Chinese technology giant Huawei, said …
IPO
Bitcoin miner Phoenix Group’s $370m IPO overwhelms with massive subscription rate
Phoenix Group, a major bitcoin mining service provider based in Abu Dhabi, recently announced the successful completion of its Initial Public Offering (IPO), securing a substantial $370 million in capital. …
Bithumb sets sights on IPO to rebalance crypto power
Bithumb gears up for a pioneering initial public offering (IPO), targeting a market shake-up against Upbit’s dominant 85% share in the virtual asset industry. In a move that aims to …
Chinese EV maker Zeekr hastens US IPO: unit of Geely Auto seeks to expand product line to battle Tesla, domestic rivals
Zeekr Intelligent Technology Holding, an electric vehicle (EV) unit of Geely Auto, is revving up for an initial public offering (IPO) in the US after it made public listing documents …
Ron Baron expects SpaceX’s Starlink to go public around 2027
Billionaire investor Ron Baron told CNBC on Friday that he expects SpaceX to IPO its Starlink satellite internet service “in 2027 or so.” “We think that by the time they …
Expert Reveals Why Investors Should Be Cautious
In a recent development, a prominent figure in the XRP community has explained why members of the community should be careful about being so excited about a Ripple IPO. Using …
Alibaba’s logistics arm Cainiao will enhance its overseas presence with proposed buyout of local rival Best
The US$57 million bid to buy out local rival Best by Cainiao, Alibaba Group Holding’s logistics spin-off, ahead of a planned US$1 billion listing in Hong Kong will enhance its …
Hong Kong IPO: WuXi Biologics to spin off contract research, manufacturing unit via US$520 million deal in biotech push
Hong Kong IPO: WuXi Biologics to spin off contract research, manufacturing unit via US$520 million deal in biotech push WuXi XDC Cayman Inc could raise as much as HK$4.07 billion …
Alibaba’s Cainiao makes buyout offer for local rival Best ahead of planned blockbuster Hong Kong IPO
Chinese logistics company Best, which counts e-commerce titan Alibaba Group Holding among its investors, said it has received a preliminary buyout offer from a consortium including local rival Cainiao, the …
XRP Unlikely to Suffer from Ripple IPO, Says Crypto Expert
Amid multiple speculations on the effects of Ripple potentially launching an initial public offering (IPO), popular crypto author Panos Mekras has come out to dispel concerns about this development, yielding …