RealReal: a Secondhand Luxury Retailer, Rise Almost 50% After IPO

The RealReal, a secondhand luxury retailer, raised over $300 million in an initial public offering (IPO). Their shares jumped almost 50% – from $20 to $28.90 – and The RealReal’s market value is estimated at approximately $2.5 billion. Founded by Julie Wainwright in 2011, The RealReal is the most popular marketplace that sells authenticated secondhand […]
  • Vladimir Sumina
  • June 30, 2019
  • 0

Uber Seeks $90 Billion IPO Evaluation

According to Bloomberg, Uber is seeking to start selling their market shares in the $44-50 price range. It is estimated that they will raise approximately $10 billion this way. The online payment platform, PayPal, is set to buy $500 million of those shares. Apart from PayPal, Uber also has other big name stakeholders, such as […]
  • Vladimir Sumina
  • April 26, 2019
  • 0

Tencent’s music arm will try IPO in US

Tencent Music coming to US headphones soon China-based tech firm Tencent announced that it will sell shares of its subsidiary Tencent Music on the US stock exchange. Tencent did not deliver any other information in its announcement, such as timing or how much its initial public offering will be. However, recent reports show that moving […]
  • Ben Norman
  • July 11, 2018
  • 0

Sonos prepares for IPO with warnings

Sonos shows reluctance in anticipation of IPO On Friday, smart-speaker manufacturer Sonos filed paperwork for its IPO, which is anticipated to raise $100 million. However, it did offer a piece of reluctance: Chinese tariffs. Although Sonos has reported that the aluminum, steel, and other tariffs have not increased costs of their product, it definitely causes […]
  • Ben Norman
  • July 11, 2018
  • 0

SurveyMonkey Expected to go Public

After 20 years of existence, SurveyMonkey is finally going public. The survey-software company started during the dot-com era and has become the largest survey company in the world. The company helps their customers collect online survey data to people around the world. On average, 2-million online responses are recorded a day and SurveyMonkey was last […]
  • Peter Boyer
  • June 20, 2018
  • 0

Twitter Joins S&P 500

Don’t sleep on Twitter Five years after its initial public offering, Twitter will join the S&P 500. Twitter will replace Monsanto as the latest company in the S&P 500, a stock market listing of the largest companies traded on the NYSE. Bayer will buy seed and pesticide firm Monsanto for $65 billion on Thursday. Bayer […]
  • Ben Norman
  • June 5, 2018
  • 0

SoulCycle suspends IPO

SoulCycle will stay privately-owned The indoor cycling company will suspend its IPO for now “due to market conditions.” The firm filed paperwork with the SEC in 2015, and it is now pumping the brakes. Originally, SoulCycle hoped to raise $100 million in its IPO to help pay off debt and open more SoulCycle locations. However, […]
  • Ben Norman
  • May 30, 2018
  • 0

Multiple law firms propose class-actions against Blue Apron as shares fall

A host of law firms have proposed class actions against Blue Apron accusing the company of misleading its shareholders, TechCrunch reports. Bragar Eagel & Squire, P.C. filed one suit, which is more or less a case example of the others, claiming Blue Apron reduced ad spending without notifying shareholders and concealed order-delay obstacles and the […]
  • William Van-Lear Black
  • August 22, 2017
  • 0

Chinese Courier ZTO Sued Over False IPO Listing

Chinese courier ZTO Express and those involved in its New York stock market listings have been sued by a U.S. pension fund. The fund alleges that ZTO exaggerated its profit margins to lure investors into its $1.4 billion initial public offering. Morgan Stanley and Goldman Sachs Group Inc., which was responsible for ZTO’s IPO, are […]
  • Cedric Brenninkmeijer
  • July 22, 2017
  • 0
Page 1 of 212 »