initial public offering (IPO)

IPO

Alibaba grocery IPO on backburner as valuations disappoint

Alibaba’s American depositary shares fell as much as 1.4% in New York trading Friday.

IPO

SoftBank’s Arm seeks to raise up to US$4.87 billion in anticipated IPO

Arm will offer 95.5 million American depositary shares for US$47 to US$51 each, the company said in a filing Tuesday.

IPO

Carsome revs up for IPO with an eye on 2H profitability

Carsome sees expansion prospects including providing customised financial solutions and aftersales services.
Singapore-headquartered Mirxes secures US$50 mil in Series D funding; files listing application with HKEx - THE EDGE SINGAPORE

IPO

Singapore-headquartered Mirxes secures US$50 mil in Series D funding; files listing application with HKEx

The funding came from new and existing investors including EDB Investments Pte Ltd.

IPO

Goldman says IPO bust looks like it's ready to boom once again

While many on Wall Street expect IPO activity to eventually pick up, when exactly remains a point of debate.

IPO

Pasture Holdings' all-placement IPO fully subscribed

Pasture Holdings’ shares will commence trading on a “ready” basis at 9am on June 9.
Alibaba's global online commerce arm weighs a US IPO - THE EDGE SINGAPORE

IPO

Alibaba's global online commerce arm weighs a US IPO

Valuations for the international business units vary.

IPO

Hong Kong's Fung Group weighs retail unit IPO in Singapore; listing could value the business at US$500 mil

Fung Group is said to be working with a financial adviser on the potential first-time share sale of Branded Lifestyle Asia.
Global IPO proceeds down by 61% in 1Q2023, Southeast Asia's up by 40%, says EY - THE EDGE SINGAPORE

IPO

Global IPO proceeds down by 61% in 1Q2023, Southeast Asia's up by 40%, says EY

In its outlook, EY sees a "glimmer of hope" for the 2Q2023 with the backlog for IPOs "continuing to build".
ChatGPT share sale — could parent company OpenAI go public this year? - THE EDGE SINGAPORE

IPO

ChatGPT share sale — could parent company OpenAI go public this year?

OpenAI has reportedly been in funding talks with VC firms Thrive Capital and Founders Fund for a private tender sale of shares.
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