A translator startup plans a $1 billion Nasdaq IPO.
The creator of the most widely used voice and camera translator in Japan is attempting to set itself apart by aiming for a Nasdaq IPO with a billion-dollar valuation in…
Alibaba Grocery’s IPO is shelved as valuations disappoint.
A possible Hong Kong IPO of Alibaba Group Holding Ltd.’s grocery brand Freshippo has been placed on hold due to the gloomy outlook for consumer equities. After holding preliminary conversations…
Arm forecasts sales growth of more than 20%.
At its investor roadshow, Arm Holdings Ltd. stated that demand for chips for data centers and artificial intelligence will drive revenue growth of 11% in the current fiscal year and…
Instacart prepares to set its IPO price range as early.
Instacart Inc., a startup offering online grocery delivery, is preparing to announce a price range for its initial public offering and launch a road show for investors as early as…
Ant Group’s restructuring plan
The largest financial technology company in China, Ant Group Co., plans to restructure by spinning off companies that are not essential to its financial operations in China. The choice will…
A Turkish startup receives $2 billion in funding.
Approximately $105 million was raised during the funding round. Insider, a Turkish AI-powered marketing platform, demonstrated how AI businesses are resisting the global tech slowdown by raising roughly $105 million…
SoftBank focuses on Arm’s IPO plans.
Questions remain about further write-offs of unrecorded assets. Due to a global rise in tech equities, Vision Fund SoftBank Group Corp.’s investment business may post lesser quarterly losses or possibly…
Uber Considers Spinning Out Its Cargo Division
An IPO is a likely option. Uber Technologies Inc. is considering the options of either launching a separate public business to concentrate on passenger transportation and food delivery or spinning…
Indonesia can raise nearly $2 billion in an IPO.
Three state-owned Indonesian companies may go public. Due to a recent stock market rally, Indonesia could raise approximately $2 billion by selling shares in three state-owned companies before the end…
JPMorgan expects more Thai IPOs
Thai IPOs benefit from a strong baht. According to JPMorgan Chase & Co., a rally in the Thai currency will help reverse the decline in the IPO market and provide…