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January 20, 2021

IPO

Exclusive: Southeast Asia’s Grab considering U.S. IPO this year – sources

Reuters
by Reuters01
FILE PHOTO: A Grab vehicle is pictured in Singapore March 26, 2018. REUTERS/Edgar Su/File Photo SINGAPORE (Reuters) – Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for IPOs, three sources familiar with the matter told......
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SoftBank Vision Fund is losing Jeff Housenbold, who led investments in DoorDash, OpenDoor and Wag

CNBC
by CNBC07
CNBC – For more and to sign up click here Jeff Housenbold, managing partner at SoftBank’s Vision Fund SoftBank SoftBank’s Jeff Housenbold, who led the Vision Fund’s investments in companies including DoorDash, OpenDoor and Wag, is leaving the firm later this year. SoftBank shook up the Silicon Valley investment world......
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Bumble IPO filing warns Apple privacy changes could harm its business

CNBC
by CNBC073
CNBC – For more and to sign up click here Founder and CEO of Bumble Whitney Wolfe Vivien Killilea | Getty Images Entertainment | Getty Images Online dating app company Bumble said in its IPO filing on Friday that changes like Apple‘s upcoming privacy updates could hurt its business. Bumble......
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Petco CEO says pandemic pet boom, new digital offerings will fuel company’s growth

CNBC
by CNBC026
CNBC – For more and to sign up click here Petco Health and Wellness CEO Ron Coughlin said the retailer is poised for growth as it sells exclusive pet supplies, offers e-commerce services such as curbside pickup and expands its veterinary services. The company’s shares will start trading on Thursday......
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Max Levchin’s Affirm pops nearly 100% in market debut

CNBC
by CNBC07
CNBC – For more and to sign up click here Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey, U.S., on Wednesday, Dec. 9, 2020. Gabby Jones | Bloomberg | Getty Images Shares of payments company Affirm soared 98%......
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Zoom plans $1.5 billion share sale at 10 times its IPO price

CNBC
by CNBC05
CNBC – For more and to sign up click here Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Zoom said on Tuesday that it plans to raise $1.5 billion in a secondary share sale,......
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London calling: Doc Martens plans for IPO on London Stock Exchange

CBS News
by CBS News01
CBS News – For more and to sign up click here The maker of Dr. Martens boots, the chunky-soled footwear once championed by rebellious young people but now favored by celebrities like Rihanna, plans to sell shares to the public as the existing owners seek to profit from growth of......
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Roblox expects direct listing on NYSE in February

CNBC
by CNBC029
CNBC – For more and to sign up click here Roblox CEO David Baszucki Roblox Roblox said on Friday in an updated prospectus that it plans to go public through a direct listing next month, after the online game company delayed its debut in December. Earlier this week, Roblox disclosed......
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How Warren Buffett’s uphill battle against the S&P 500 is changing

CNBC
by CNBC016
CNBC – For more and to sign up click here Warren Buffett during an interview with CNBC’s Becky Quick on February 24, 2020. It turned out to be another year during which the billionaire investor shied away from game-changing acquisitions in a pricey market even after a sudden market cash......
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Playtika aims at near $10 billion valuation in U.S. IPO

Reuters
by Reuters01
xx (Reuters) – Playtika Holding Corp, a mobile gaming company owned by a Chinese investor group, said on Thursday it was aiming to raise as much as $1.67 billion in it initial public offering (IPO), giving it a valuation of nearly $10 billion. Reporting by Noor Zainab Hussain in Bengaluru;......
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Roblox raises $520 million ahead of planned stock market direct listing

CNBC
by CNBC010
CNBC – For more and to sign up click here A rendering of the in-game action from the hit Roblox game “Jailbreak.” Source: Roblox Roblox, the kids online gaming company, said on Wednesday that it raised $520 million in a private financing round and announced separately that it will soon......
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Oatly, vegan food brand backed by Oprah, is planning to IPO this year, sources say

CNBC
by CNBC05
CNBC – For more and to sign up click here Vegan milk brand Oatly is planning a 2021 initial public offering that could raise $1 billion, sources familiar said. The company, which is backed by Blackstone, Oprah Winfrey and Natalie Portman, has hired Morgan Stanley, JPMorgan Chase and Credit Suisse......
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Affirm founder Max Levchin poised to become next billionaire from ‘PayPal mafia’

CNBC
by CNBC030
CNBC – For more and to sign up click here Drew Angerer / Getty Images  Affirm founder and CEO Max Levchin is poised to join Elon Musk, Peter Thiel and Reid Hoffman on the billionaires list, becoming the latest member of the so-called PayPal mafia to add his name to......
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Nasdaq-listed Chinese video platform Bilibili to raise over $2 billion in Hong Kong listing

CNBC
by CNBC069
CNBC – For more and to sign up click here The Bilibili booth is pictured during the 2019 Yangtze River Delta International Cultural Industries Expo at National Exhibition and Convention Center on November 21, 2019 in Shanghai, China. Gao Yuwen | Visual China Group | Getty Images GUANGZHOU, China —......
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Airbnb gets skeptical Wall Street analyst calls after stock price more than doubled from debut

CNBC
by CNBC05
CNBC – For more and to sign up click here The Airbnb logo is displayed on the Nasdaq digital billboard in Times Square in New York on December 10, 2020. Kena Betancur | AFP | Getty Images Wall Street analysts see plenty of growth ahead for Airbnb’s business, but they......
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Snowflake, Peloton and other IPO stocks are struggling this week. How to trade the weakness

CNBC
by CNBC06
CNBC – For more and to sign up click here Retail trader favorites are having a rough week. Several hot IPO stocks were hit hard in the final trading week of the year despite the broader market inching toward new record highs: After a record year for the IPO market,......
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China’s IPO market is set to keep booming in 2021, says investor

CNBC
by CNBC016
CNBC – For more and to sign up click here SINGAPORE — China’s IPO market is set to keep booming next year even after a blockbuster 2020, according to the chief investment officer of a Chinese financial services firm. It has been a “very exciting” year for China’s domestic stock......
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Qualtrics files IPO papers, aiming for valuation of up to $14.4 billion after spinning out of SAP

CNBC
by CNBC015
CNBC – For more and to sign up click here Ryan Smith, Co-Founder and CEO of Qualtrics peaks on stage during the 2015 Web Summit on in Dublin, Ireland. Clodagh Kilcoyne | Getty Images Qualtrics is about to go public, for real this time. The cloud software vendor, which SAP......
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Breakingviews – IPO engineers get double Christmas bonus

Reuters
by Reuters01
A statue of George Washington stands across from the New York Stock Exchange in Manhattan, New York City, U.S., December 21, 2016. NEW YORK (Reuters Breakingviews) – Sponsors of blank-check companies, who already collect up to 20% of a vehicle’s shares in return for very little investment, may have found......
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Bill Gurley says direct listing rule change will end traditional IPOs

CNBC
by CNBC07
CNBC – For more and to sign up click here Venture capitalist Bill Gurley on Tuesday cheered a change in the direct listing process approved by U.S. regulators, telling CNBC he believes it will “unquestionably” usher in the end of traditional initial public offerings. Companies that go public on the......
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