If this falls true, Tokopedia will become the second behind PT Telekomunikasi Indonesia to have the dual listing combination of the US and Indonesia.
While Chinese firms eventually become successful trading in US markets after making their public debuts, some firms underperform with even getting kicked out due to one scandal or another.
Earlier, Coinbase was considering going public through a direct listing as opposed to the traditional IPO. But at that time it didn’t file with the SEC.
Starting today, Wish will trade on the Nasdaq stock exchange under the symbol “WISH”.
Roblox has delayed its public listing for early next year explaining the massive IPO rush has made it difficult to determine the right price for its shares.
The food delivery company went public on the New York Stock Exchange Wednesday starting the day with its DASH stock at $182 per share and closing at $189.51.
PubMatic CEO revealed that the coronavirus pandemic had stirred up the decision to become publicly traded after 14 years.
Airbnb starts trading today on the Nasdaq exchange under the symbol “ABNB.”
Despite that Robinhood had not officially announced the IPO, the sources stated that the trading company would go public before the end of 2021 Q1.
As governments push for an efficient coronavirus vaccine by mid-2021, DoorDash management expects revenue and business operations to moderate in the following years.
40% of JD Health’s net proceeds will go toward business expansion over the next 3 to 5 years. 30% will be allocated for research and development in the next 2 to 3 years. The rest will go to potential investments, acquisitions, and general corporate purposes.
The move by Airbnb and Doordash to boost their valuation with hiked share pricing is set to place the US IPO market on a climactic ending for the 2020 calendar year.
The approach to getting business on the Star Market is yielding fruits as the growth of companies making entry therein has skyrocketed in relation to the other stock exchanges.
Austin Russell has become the world’s youngest self-made billionaire. Following the IPO debut of his company Luminar, the 25-year-old CEO is now worth more than $2.4 billion.
As DoorDash gears towards its IPO, the food delivery app is set to join its competitors that are already publicly traded.