IPO
- Technology
A look at Alibaba's decline since China halted Ant's IPO in 2020, losing its online shopping dominance to rival PDD last week, and roadblocks in revival plans (Wall Street Journal)
Wall Street Journal: A look at Alibaba’s decline since China halted Ant’s IPO in 2020, losing its online shopping dominance…
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Ernst & Young: US tech IPO deal proceeds plummeted 94%, from $155.8B in 2021 to $8.6B in 2022; FactSet: no tech IPO raised $1B in 2022, compared to 15 in 2021 (Ari Levy/CNBC)
Ari Levy / CNBC: Ernst & Young: US tech IPO deal proceeds plummeted 94%, from $155.8B in 2021 to $8.6B…
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Brokers and investors: Silicon Valley workers are offloading shares in secondary markets, compounding a fall in valuations, amid layoffs and a slow IPO market (Tabby Kinder/Financial Times)
Tabby Kinder / Financial Times: Brokers and investors: Silicon Valley workers are offloading shares in secondary markets, compounding a fall…
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SoftBank-backed Indian e-commerce firm Snapdeal drops its $152M IPO plans, after filing in December 2021, amid a tech stock rout (Reuters)
Reuters: SoftBank-backed Indian e-commerce firm Snapdeal drops its $152M IPO plans, after filing in December 2021, amid a tech stock…
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