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Super-apps hold back Chinese movie-ticketing IPOMaoyan may wind up going public below its latest $3 bln valuation. Slowing box office growth and cooling tech stocks are two problems. A bigger issue is that investors can already buy shares in backers Meituan and Tencent, whose all-in-one apps have a stronger lock on users.
Source: Breakingviews - 🏆 470. / 51 Read more »
Companies Try to Skirt Shutdown’s IPO LimboThe monthlong government shutdown is forcing some companies to seek alternate routes to go public while the main markets regulator is unable to greenlight IPOs. There is not a compelling need to seek alternatives to public IPO. It's nonsense and childish to think or to spend any money otherwise. Wait the additional few weeks or months. It wasn't appropriate business plan or solid to begin with IF it can't withstand a few weeks or months.
Source: WSJ - 🏆 98. / 63 Read more »
Luxury online reseller The RealReal talking to banks about possible IPO: ReutersU.S. online luxury reseller The RealReal Inc is talking to investment banks about the possibility of an initial public offering (IPO) later this year, people familiar with the matter said on Friday.
Source: CNBC - 🏆 12. / 72 Read more »
Luxury online reseller The RealReal in talks with banks for IPO: sourcesU.S. online luxury reseller The RealReal Inc is talking to investment banks abou...
Source: Reuters - 🏆 2. / 97 Read more »
The government shutdown is not stopping the IPO marketCNN News, delivered. Select from our newsletters below and enter your email to subscribe. Israel killed the Americans in Syria , nd the fake press covers it up. When will CNN apologize to the Students from Covington Catholic High? Black adults to white kids: 'F*ggots, crackers, bigots, incest kids.' White kids: [smiling, not responding] Everyone: 'omg did you see that smile?! So disrespectful!' CNN is buzzfeed groupies.... patric
Source: CNN - 🏆 4. / 95 Read more »
Xiaomi, once dubbed the 'Apple of China,' has lost 40% of its value since its IPO last yearThe company's six-month lockup period following its IPO just expired, ushering in a wave of sales by early investors. Like $BABA the $AMZN of China are both new to some accountability.
Source: CNBC - 🏆 12. / 72 Read more »