ipo

Chinese E-Commerce Pinduoduo Raises $1.6B with U.S. IPO

Chinese E-Commerce Pinduoduo Raises $1.6B with U.S. IPO

Chinese commerce startup Pinduoduo Inc. (NASDAQ: PDD) priced its U.S. initial public offering at USD 19 per share, the high-end of the range, and raised USD 1.63 Billion to become the second largest U.S. float from a Chinese company this year. Pindu..

Pinterest Nearing USD 1 B Ad Sales As It Looks To Go Public in 2019

Pinterest Nearing USD 1 B Ad Sales As It Looks To Go Public in 2019

Social media company Pinterest is approaching USD 1 Billion in ad revenue as it pushes for anIPO in mid-2019 according to people familiar with the matter.The Company hit USD 500 Million in sales in 2017 and almost double that this year, accordi..

Travel Firm Booking Invests USD 500 Million in Chinese Ride-hailing Didi Chuxing

Travel Firm Booking Invests USD 500 Million in Chinese Ride-hailing Didi Chuxing

Travel agency, Booking Holdings Inc. (NASDAQ: BKNG), invested USD 500 Million into China’s largest ride-hailingCompany, Didi Chuxing, on Tuesday. The deal will have Booking integrate and offer on-demandcar services through its Booking.com apps..

Chinese Smartphone Maker Xiaomi Falls on Its Debut in Hong Kong

Chinese Smartphone Maker Xiaomi Falls on Its Debut in Hong Kong

Shares of Chinese smartphone maker Xiaomi Corp. opened to trade in Hong Kong on Monday and fell below its IPO price.The initial public offering price of Xiao was HK 17 per share, which is at the low end of an expected range. It gave Xiaomi a valuati..

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi has set initial tentative terms for the world’s biggest initial public offering with potential to raise up to $6.1 billion in Hong Kong. The Chinese smartphone maker plan to offer 2.18 billion shares at HK$17 to HK$22 each, with talks w..

Chipotle Stock Continues to Rally After Bullish Upgrade

Chipotle Stock Continues to Rally After Bullish Upgrade

Chipotle Mexican Grill Inc.’s (NYSE: CMG) stock continued to rally into Wednesday after it received a bullish upgrade from Piper Jaffray’s analyst. Chipotle shares gained 0.7 percent after the upgrade and gained another 2.1 percent on We..

Spotify Tumbles After IPO After Analyst Ratings

Spotify Tumbles After IPO After Analyst Ratings

Spotify Technology SA (NYSE: SPOT) made its debut on the New York Stock Exchange on Tuesday, who went public through direct-listing. The stock listed on the exchange at $165.90, before falling to Tuesday’s closing price of $149.60. Shares cont..