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DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft
DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.Business - The Wall Street Journal - Yesterday -
Hyundai Motor India's shares drop 7% on trading debut after record IPO
Hyundai Motor India shares fell 7% on their trading debut Tuesday after a record $3.3 billion initial public offering.Business - CNBC - October 22 -
Chinese IPOs in the U.S. and Hong Kong are set to increase next year, analysts say
A few high-profile Chinese listings outside the mainland are adding to expectations for a pickup in initial public offerings next year.Business - CNBC - 3 days ago -
CNBC's Inside India newsletter: Why did India's biggest market listing this year falter on its debut?
Some cite the IPO's key elements as factors in its faltering stock market debut. Others say sitting on the sidelines means losing out on long-term gains.Business - CNBC - 6 days ago -
Applied Nutrition seeks to raise up £400 million in IPO
The protein shake seller which is backed by JD Sports said it Asda-shareholder Mohsin Issa has committed to participating in the float in London this monthBusiness - MarketWatch - October 15 -
Hong Kong’s IPO market could benefit from robo-vehicle boom
If Horizon reaches its $696mn target, it would be the city’s largest initial public offering this yearWorld - Financial Times - October 16 -
Indian investors give short shrift to Asia’s biggest IPO of 2024
Retail share buyers largely shun $3.3bn listing of Korean carmaker Hyundai’s Indian unit as auto industry sales coolWorld - Financial Times - October 21 -
Tokyo Metro rises 45% on debut in Japan’s biggest IPO since 2018
Underground railway network has raised $2.3bn in heavily oversubscribed listingWorld - Financial Times - October 23 -
Chinese EV and self-driving tech companies turn to IPOs for cash
Funding has been drying up for car start-ups in fiercely competitive domestic marketWorld - Financial Times - October 24 -
Chinese smartphone company Honor gets new investors as it gears up for IPO
Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.Business - CNBC - Yesterday -
Trumpcoin Launches With a Whimper
Investors scooped up only a small number of the Trump family's new World Liberty Financial crypto tokens after website reliability issues interfered with a launch event.Tech - Wired - October 16 -
Armie Hammer returns to public life — with a new podcast
Armie Hammer is back — in your earbuds, anyway, for those who are interested in tuning in to his new project that will in part document him “putting my life back together.”Top stories - NBC News - 3 days ago -
The sun is setting on traditional retirement
Demographic changes force a rethink, but that’s not necessarily a bad thingWorld - Financial Times - October 18 -
Tokyo Metro's IPO could drive momentum in the Japanese market as Chinese listings dry up
"We think they're offering very, very good value," Mio Kato, founder of LightStream Research, told CNBC.Business - CNBC - October 15 -
Alibaba, Baidu Invest in Chinese Smart-Driving Tech Company's Near $700 Million IPO
Alibaba and search-engine giant Baidu are investing in a nearly $700 million equity offering by Horizon Robotics.Tech - The Wall Street Journal - October 15 -
After rejecting Google takeover, cyber firm Wiz says it will IPO 'when the stars align'
Wiz is hoping to achieve $1 billion in annual recurring revenue in 2025 — a key condition the company wants to meet before going public.Business - CNBC - October 18 -
Tokyo Metro shares surge 45% on debut after Japan's largest IPO in six years
The IPO offered 2.32 billion shares for a price of 1,200 yen apiece, valuing the offering at 348.6 billion yen ($2.3 billion)Business - CNBC - October 23 -
Lyft launches voter transportation initiative
Ride-hailing service Lyft announced that it will offer discounted rideshare, bike-share and scooters on Election Day, an initiative designed to increase transportation access for voters, according ...Politics - The Hill - October 16 -
Israel launches air strikes against Iran
Israeli military says the retaliatory attack targeted missile manufacturing plants and air defencesBusiness - Financial Times - 5 days ago -
Israel launches airstrikes inside Iran
Israel has launched deadly retaliatory airstrikes on Iran. The strikes mark the first time Israel has openly attacked inside Iran. NBC News' Raf Sanchez reports on what it means for the region.Top stories - NBC News - 5 days ago -
Armie Hammer Launches HammerTime Podcast
Armie Hammer’s career sunk after he was accused of sexual assault and making shocking comments about cannibalism. He said he hopes to learn from his show’s guests.Lifestyle - The New York Times - Yesterday