Ipo

Airtel Africa Seeks to Raise $750 Million in London IPO

Monday June 17, 2019

Bharti Airtel's arm Airtel Africa has set a price range of 80-100 pence per share for its initial public offering (IPO) on the London Stock Exchange.

Business Card App Operator Sansan Prices IPO at Top of Range, Raises $360 Million

Reuters | Friday June 7, 2019

Japanese business card management company Sansan priced its initial public offering (IPO) at the top of an indicative range on Friday.

Uber Posts $1 Billion Loss in First Earnings Report After IPO

Reuters | Friday May 31, 2019

Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company.

Airtel Africa Plans London IPO To Cut $16 Billion Debt

Business | PR Sanjai and Loni Prinsloo, Bloomberg | Wednesday May 29, 2019

In February, Airtel unveiled plans to raise as much as Rs 32,000 crore for a war chest to take on Jio as well as to prepare for an impending 5G airwaves auction.

Uber's Losses Reach Double Digits in IPO Debut Debacle

Jeran Wittenstein, Sam Unsted, Bloomberg | Tuesday May 14, 2019

Uber shares extended the free-fall on Monday following a rocky debut after launching the biggest initial public offering of the year.

Uber Tumbles in Disappointing Stock Market Debut

Reuters | Saturday May 11, 2019

ber had considered going public for at least four years. Yet the ride-hailing company picked a week for its IPO plagued by market turbulence fuelled by US-China trade worries.

Uber Set to Debut on NYSE, Under Pressure to Avoid Lyft Debacle

Reuters | Friday May 10, 2019

Uber will begin life as a public company on Friday, under pressure to start trading strongly after conservatively pricing its initial public offering.

Uber Offers Shares At $45 Apiece In IPO, Company Valued At $82 Billion

Business | Agence France-Presse | Friday May 10, 2019

Shares will be priced at $45 for the IPO, valuing the start-up at more than $82 billion, according to a filing with the US markets regulator. San Francisco-based Uber was set to begin trading on the New York Stock Exchange under the eponymous ticker "UBER" in one of the largest initial public offerings in the tech sector.

Uber Valued at $82 Billion in IPO as Market Jitters, Lyft Woes Weigh

Reuters | Friday May 10, 2019

Uber priced its IPO at the low end of its targeted range for a valuation of $82.4 billion.

Food Delivery, Freight And Logistics: How Uber Aims To Move Things Around The World

Business | Faiz Siddiqui and Greg Bensinger, The Washington Post | Friday May 10, 2019

Uber's biggest competitor isn't rival ride-hailing service Lyft, analysts say, but Amazon, which moves goods all over the world. It has budding businesses such as freight forwarding, food delivery and even package delivery.

Indian Drivers Face The Heat As Uber Plans IPO

IANS | Thursday May 9, 2019

As Uber drivers planned a global strike on Wednesday ahead of the ride-hailing giant's massive initial public offering (IPO), Uber drivers in India said they are facing the heat as cash incentives have considerably gone down while work hours have gone up. Drivers in cities like Los Angeles, New York City, London and Tokyo were to join the strike an...

SBI Loan Against Shares: Eligibility, Loan Amount, Other Details Here

Business | NDTV Profit Team | Wednesday May 8, 2019

SBI Loan Against Shares: State Bank of India (SBI), the country's largest lender, offers loan against shares to its existing individual customers who have DEMAT account with SBI Cap Securities.

As Uber Gears Up for IPO, Many Indian Drivers Talk of Shattered Dreams

Reuters | Wednesday May 8, 2019

Former Uber India executives say incentives were sharply cut in early 2017 because of growing pressure from the US head office to improve financial performance ahead of an initial public offering (IPO).

Uber, Lyft Drivers in US to Strike Ahead of Uber IPO

Reuters | Monday May 6, 2019

Uber’s drivers in multiple US cities will go on strike this week shortly before the ride-hailing company goes public to protest what they view as unfair employment condition.

SoftBank Said to Mull IPO of $100 Billion Vision Fund

Reuters | Saturday May 4, 2019

Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, a source familiar with the matter said.