Amazon is looking to anchor the IPO and has joined Nvidia, Apple, Intel, TSMC, and Samsung in official talks with Arm Ltd.
Hua Hong’s triumphant market debut stands as a resounding testament to China’s unyielding commitment to attaining self-reliance in the chip and semiconductor industry.
The move to go public comes amid growing interest in artificial intelligence chips, reflected in the increased market mood towards technologies linked to generative AI.
The prospective Phoenix Technology IPO is expected sometime this year in Abu Dhabi. However, there are no further details on size and price.
Ant Group’s IPO was halted in 2020 after the Chinese government intervened, citing rising concerns about the company’s growth and potential systemic threats to the financial industry.
As the IPO landscape evolves and market conditions change, it is possible that Biren’s plans may be subject to further adjustments.
Ola Electric’s vision extends beyond electric scooters, as it plans to diversify its product portfolio with the launch of a motorbike by the end of 2023.
Sources familiar with the matter said that the two players have been negotiating over valuations. They also stated that SoftBank’s founder Masayoshi Son is trying to find big investors for Arm, as SoftBank has plans to liquidate its stake.
Before the end of 2023, SoftBank may finalize IPO efforts in the US for PayPay and Arm.
Following acceptance by the CSRC, Fourth Paradigm should proceed with launching its IPO in the Hong Kong market.
The tech industry has witnessed a surge in IPOs this year, reflecting the robust investor appetite for innovative and high-growth companies.
Freshippo’s expansion comes three months after its parent company Alibaba revealed its restructuring plans.
Even if the IPO rumors were true and Shein wanted to list in the US, the company would need to clear the air about environmental, social, and governance concerns.
With a total of 111 million outstanding shares, Cava’s valuations stand at $2.45 billion at a price of $22 per share.
During the second investor day within a year, Fanatics delivered presentations explaining its future growth strategy to over 100 prospective institutional investors from big firms such as Barclays and Goldman Sachs.