Tag: IPO
ByteDance chief hands over the reins as pressure mounts ahead of...
The founder of China-based internet technology company ByteDance, Zhang Yiming, is stepping down from his position as the world’s most valuable startup nears its...
Saudi’s 1st tech startup listing: Jahez selects HSBC for potential IPO...
Saudi Arabia-based food delivery firm Jahez has hired the local unit of British multinational bank HSBC to help manage what could be the first...
India’s Flipkart seeks to raise $1bn in pre-IPO financing: Sources
According to sources, the Indian eCommerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in...
US-based Lucid Motors poaches execs from Waymo, Intel ahead of IPO
Saudi Public Investment Fund (PIF)-backed American automotive company Lucid Motors which specializes in electric cars, is strengthening its executive and technical leadership team by...
Renewable energy unit of India’s Tata Power eyes IPO worth $473mn
According to sources, Tata Power, the electric utility company controlled by India’s largest conglomerate Tata Group, is considering an initial public offering (IPO) for...
Biggest SPAC merger till date; Singapore’s Grab announces deal worth $40bn
Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, announced that it is set to go public through a SPAC merger with US-based special...
Abu Dhabi’s Mubadala eyes $20bn IPO for chipmaker GlobalFoundaries
Abu Dhabi-based investment company Mubadala is planning for a US initial public offering (IPO) of its wholly-owned chipmaker subsidiary GlobalFoundries.
Mubadala has been in initial...
Oman explores strategic options for state-owned energy firm OQ
Oman is reportedly considering options for state energy firm OQ, including a possible initial public offering (IPO), as the sultanate tries to shore up...
