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ipo

Robosense Technology IPO debuts in Hong Kong, the first in 2024

by Adrian Jhonsan
Robosense Technology IPO debuts in Hong Kong, the first in 2024

Shares of Alibaba-backed Robosense Technology fell 2% on its Friday debut in the first new listing on the Hong Kong stock exchange this year. Robosense, a Chinese developer of laser …

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Categories World

Startup bubble fueled by Fed cheap money policy finally burst in 2023

by Ev Richard
Startup bubble fueled by Fed cheap money policy finally burst in 2023

Scooters take over SXSW in Austin, TX As the last decade came to an end, it was easy for a young engineer to hop on a Bird scooter and ride …

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Categories Technology

Paytm: Warren Buffett-led Berkshire Hathaway exits Paytm, here’s how much the billionaire made

by Ev Richard
Paytm: Warren Buffett-led Berkshire Hathaway exits Paytm, here’s how much the billionaire made

Berkshire Hathaway, the investment firm billionaire Warren Buffet, has sold its entire 2.46 per cent stake in One97 Communications, the parent company of fin-tech company Paytm, for Rs 1,371 crore. …

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Categories Technology

Huawei smartphone spin-off Honor plans IPO

by Adrian Jhonsan
Huawei smartphone spin-off Honor plans IPO

The Honor Magic Vs is on display at Honor’s stand at Mobile World Congres in Barcelona. The near $1,700 device is Honor’s attempt to challenge Samsung in the foldable smartphone …

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Categories World

MoneyHero debuts on the Nasdaq via merger with Peter Thiel-backed SPAC

by Adrian Jhonsan
MoneyHero debuts on the Nasdaq via merger with Peter Thiel-backed SPAC

Bymuratdeniz | E+ | Getty Images Asian fintech firm MoneyHero on Friday fell on its first day of trading on the Nasdaq, following the completion of its merger with special purpose acquisition …

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Categories World

Bill Ackman hasn’t talked to Elon Musk about X investment for Pershing ‘SPARC’

by Ev Richard
Bill Ackman hasn’t talked to Elon Musk about X investment for Pershing ‘SPARC’

Elon Musk (L) and Bill Ackman Reuters (L) | CNBC (R) Activist investor Bill Ackman on Monday told CNBC he had not spoken with Elon Musk about a deal involving …

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Categories Technology

Alibaba plans to IPO its logistics unit Cainiao

by Adrian Jhonsan
Alibaba plans to IPO its logistics unit Cainiao

An Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Aly Song | Reuters Alibaba plans to list its logistics unit Cainiao on …

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Categories World

Byjus: Byju’s planning to cut up to 5,000 jobs, read company’s statement

by Ev Richard
Byjus: Byju’s planning to cut up to 5,000 jobs, read company’s statement

Byju’s may reportedly cut as many as 5,000 jobs in the coming weeks. According to a report in TechCrunch, the Indian edtech major is planning another round of massive job …

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Categories Technology

Saudi Arabia’s auto rental firm Lumi pops 30% in stock market debut

by Adrian Jhonsan
Saudi Arabia’s auto rental firm Lumi pops 30% in stock market debut

Cityscape of Saudi capital Riyadh. Harri Jarvelainen Photography | Moment | Getty Images Shares of Lumi soared as much as 30% on Monday at the Saudi Arabian auto rental firm …

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Categories World

Tech IPOs get ‘meh’ response from Wall Street: Arm, Instacart, Klaviyo

by Ev Richard
Tech IPOs get ‘meh’ response from Wall Street: Arm, Instacart, Klaviyo

Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq After a 21-month tech IPO freeze, the market has cracked opened in the past week. But the …

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Categories Technology
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