Tag: ipo
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Softbank’s SB Energy files for IPO, says it’s ‘substantially dependent’ on OpenAI
SB Energy hasn’t generated any revenue from its data center business, and none of its data centers are operational yet.
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Shein shares slide 10% in long-awaited Hong Kong trading debut
HONG KONG, Sept 1 : Online fashion retailer Shein’s shares tumbled about 10 per cent in early Hong Kong trading on Tuesday as the company made its long awaited debut, capping a years-long effort to go public.The stock began trading at HK$48.56 each, in line with the final price set in the initial public offer
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Fast-fashion giant Shein’s shares drop 7% in Hong Kong market debut
Shein made its Hong Kong market debut on Tuesday after years of attempts to go public.
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Meta- and Google-backed Indian telecom operator Jio Platforms gets regulatory nod for IPO
India’s largest digital and telecom operator, Jio Platforms, got a regulatory nod for an IPO, but the National Stock Exchange, another mega issue, is still awaiting regulatory clearance.
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Commentary: Shein’s IPO has only one winner
Shein spent years recasting itself as a global company, only to discover that its greatest strength remains unmistakably Chinese, says Juliana Liu for Bloomberg Opinion.
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OpenAI rolls out ads on select ChatGPT plans in India to boost monetization, support wider access
Ads have been rolled out for free users and those on the 399 rupee ($4) per month ‘Go’ plan.
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Inside India newsletter: U.S., Russia vie for a bigger slice of the world’s third-largest energy market
U.S. and Russia are competing to assert dominance in the world’s third largest energy market.
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Commentary: What retail investors need to know before jumping into Anthropic’s IPO
There are many business risks for the maker of Claude, so don’t rush in, says Simon Edelsten for the Financial Times.
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Shein targets $27 billion Hong Kong IPO — a fraction of its 2022 valuation
Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday.
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Shein to pay up to $3.5 billion to select pre-IPO investors around Hong Kong listing
HONG KONG, Aug 24 : Online fast-fashion retailer Shein will pay up to $3.5 billion to selected existing investors — almost twice the fresh capital it is seeking in an IPO — to help compensate them for a sharp slide in its valuation, its prospectus showed on Monday.The investors entitled to the payments in
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