IPO

  • Chinese e-commerce giant Alibaba expected to file for US IPO next week 16-04-2014 01:32 PM

    San Francisco: Alibaba Group Holding Ltd's revenue growth accelerated in the last quarter of 2013, a timely lift for the Chinese Internet company as it prepares to file a prospectus next week for its highly anticipated initial public offering. Alibaba is expected to file prospectus for the share sale as...
  • Swedish eye tracking technology firm Tobii plans IPO: Report 30-03-2014 02:45 PM

    Stockholm: Swedish eye tracking technology firm Tobii, co-owned by chipmaker Intel, is planning a stock market listing which could value the firm at around 2 billion crowns ($309 million), business daily Dagens Industri reported. Tobii, which develops eye-controlled devices that can be used in computer interaction and in human behavior...
  • 'Candy Crush' maker King Digital to go public; could be valued as high as $7.6 billion 25-03-2014 10:49 AM

    New York: King Digital, the company behind the wildly mobile game "Candy Crush Saga," is scheduled to make its debut on the New York Stock Exchange this week. The company could be valued as high as $7.6 billion if its initial public offering prices at $24 per share, the upper...
  • China's Twitter-like Weibo files for $500 million US IPO 15-03-2014 05:11 PM

    San Francisco: Twitter-like messaging service Weibo Corp filed to raise $500 million via a US initial public offering, as Chinese companies flock to the American market in record numbers to take advantage of soaring valuations. Weibo, owned by Sina Corp, becomes the latest Chinese Internet giant to tap US markets,...
  • Web hosting company GoDaddy eyes initial public offering: Sources 15-03-2014 01:18 PM

    Web hosting company The GoDaddy Group Inc is preparing for a second run at an initial public offering, according to two people familiar with the matter, as the 2014 tech IPO pipeline continues to grow. GoDaddy, the Internet domain registrar and web host known for its racy ads, would join...
  • 'Candy Crush' maker King Digital sees up to $7.6 billion IPO valuation 13-03-2014 07:10 AM

    King Digital Entertainment, maker of hit mobile phone game Candy Crush Saga, expects to be worth up to $7.6 billion when it goes public this month in the United States, amid concerns about its over reliance on the game. King will hope to benefit from its focus on the estimated...
  • Candy Crush Saga maker King Digital plans IPO 19-02-2014 11:25 AM

    New York: The company behind "Candy Crush Saga" is going public, hoping the popularity of its addictive online game will translate to sweet returns for itself and its investors. King Digital Entertainment PLC, which also makes lesser-known games such as "Bubble Witch Saga" and "Pet Rescue Saga," did not disclose...
  • Nasdaq to compensate firms on December 31 for botched Facebook IPO 28-12-2013 12:04 PM

    New York: Nasdaq OMX Group will compensate firms on December 31 for qualifying claims related to Facebook's botched May 2012 initial public offering, the exchange operator said in a note to traders on Friday. Nasdaq said previously it would pay up to $41.6 million in claims to market participants that...
  • Twitter introduces self-serve ads for SMEs in Canada, Ireland, UK 17-11-2013 02:30 PM

    San Francisco: Twitter Inc said on Thursday it would introduce self-serve ads for small- and medium-sized businesses in three countries outside the United States, marking one of its first moves to expand revenue as a publicly listed company. Businesses in the United Kingdom, Ireland and Canada will be able to...
  • The next IPO after Twitter: Pinterest, Dropbox, Snapchat or Flipboard? 14-11-2013 02:14 PM

    San Francisco: Just as one high-tech breakthrough often paves the way for the next big thing, technology IPOs move in virtuous cycles, too. Twitter's scintillating stock market debut punctuated a procession of highly anticipated coming-out parties over the past two-and-half years, providing a springboard for a new generation of rapidly...
  • India-born investor Suhail Rizvi gains big from Twitter IPO, rakes in $3.8 bn 08-11-2013 05:17 PM

    New York: Suhail Rizvi, an enigmatic India-born investor, has emerged as one of the biggest gainers from Twitter's high-profile public debut with his 15.6 per cent stake in the micro-blogging site worth a whopping $3.8 billion. Rizvi is the "non-boldface name of the moment", a report in the New York...
  • Twitter learns from Facebook's IPO mistakes, makes different choices from its rival 08-11-2013 11:38 AM

    New York: As Twitter Inc's chief financial officer planned the company's initial public offering this year, he had one overriding goal: to avoid becoming the next Facebook Inc. Twitter CFO Mike Gupta grilled banks about how to sidestep the problems that beset Facebook's IPO from start to finish, asking detailed...
  • Twitter shares dazzle on IPO day, stock soars 73% to close at $44.90 08-11-2013 06:40 AM

    New York: Shares of Twitter went on sale to the public for the first time on Thursday, instantly leaping more than 70 per cent above their offering price in a dazzling debut that exceeded even Wall Street's lofty hopes. By the closing bell, the social network that reinvented global communication...
  • Twitter shares surge over 90 per cent on NYSE debut, hit $50 07-11-2013 10:10 PM

    Twitter Inc stock soared 92 percent in their first day of trading on Thursday on the New York Stock Exchange as investors snapped up shares in the microblogging site, pushing its market value to a heady $25 billion. The shares opened at $45.10 a share, up from the initial public...
  • Live blog: Twitter IPO debut on NYSE 07-11-2013 05:31 PM

    Twitter's public stock debut, set for Thursday morning local time on the New York Stock Exchange, has been carefully orchestrated to avoid the glitches and eventual letdown that surrounded Facebook's initial public offering 18 months ago. Twitter set a price of $26 per share for its initial public offering on...
  • Not on Twitter? Here's a guide on how to start tweeting, following, retweeting... 07-11-2013 04:39 PM

    New York: With Twitter in the news because of a public stock offering, you might be deciding it's finally time to start tweeting. But what exactly is Twitter, a tweet and the etiquette for using the popular communication tool? Here are the basics. Keep in mind that the company's service...
  • Twictionary: A glossary of Twitter terms 07-11-2013 04:37 PM

    What's in a tweet? To start, 140 characters, including spaces. Then there are the acronyms, symbols and Twitter-specific lingo that could look like alphabet soup to the uninitiated. Twitter Inc. starts trading publicly Thursday, so you might be wondering what the service is about. Here's a glossary of some of...
  • Twitter places IPO price at $26 a share, set to raise $1.8 billion 07-11-2013 06:57 AM

    New York: Twitter has set a price of $26 for its initial public offering of stock, which means the company's shares can begin trading Thursday on the New York Stock Exchange. The price values Twitter at more than $18 billion based on its outstanding stock, options and restricted stock that'll...
  • Twitter is powerful, but can it make money? 06-11-2013 12:48 PM

    New York: It can help overthrow dictators. But can it make money? Protesters famously used Twitter to organise during the Arab Spring three years ago. President Barack Obama announced his 2012 re-election victory using the short messaging service. Lady Gaga tweets. So does the pope. But for all its power...
  • Aiming to avoid Facebook chaos, NYSE runs Twitter IPO test 27-10-2013 11:18 AM

    New York: The New York Stock Exchange on Saturday did a test run of Twitter's highly anticipated market debut, as it seeks to avoid the types of problems that plagued Facebook's initial public offering on rival Nasdaq. The Big Board, run by NYSE Euronext, regularly does systems testing on the...
  • Line messaging app considers overseas IPO next year: Sources 26-10-2013 04:38 PM

    Tokyo: Japan's Line Corp, creator of the fast growing social messaging app Line, may choose an overseas exchange for an expected IPO next year, banking sources with knowledge of the matter said, within months of a high profile listing by Twitter. One of the sources, who spoke on condition of...
  • At $17 to $20 share range for IPO, Twitter's valuation a modest $11 bn 25-10-2013 12:41 PM

    San Francisco: Seeking to avoid a repeat of Facebook's much-maligned public debut, Twitter revealed more modest ambitions, saying its initial offering would raise up to $1.6 billion and value the company at up to about $11 billion. The valuation was more conservative than the $15 billion some analysts had expected...
  • More than a third of Twitter users don't use Twitter 21-10-2013 12:57 PM

    San Francisco: Retired schoolteacher Donald Hovasse signed up for Twitter about a year ago at the urging of his daughter. He lost interest after trying the service a few times and finding lots of celebrities but few of his friends using the online social network. "I didn't really get the...
  • Twitter says revenue potential limited in India 20-10-2013 02:55 PM

    Washington: As it gears up for the much-touted USD one-billion IPO next month, Twitter says revenue generation may be limited in international operations and its inability to offer full features in markets like India may adversely impact its business and results. According to a latest regulatory filing made by Twitter,...
  • NYSE to hold 'dry run' for Twitter IPO 19-10-2013 12:32 PM

    New York: The New York Stock Exchange isn't taking any chances with Twitter's initial public offering. The Big Board said it would allow trading firms to conduct a dry run of their systems to prepare for Twitter's IPO. The exchange seems to want to avoid the technical problems that marred...
  • Twitter hires Google executive as head of retail: Report 17-10-2013 09:59 AM

    Bangalore: Twitter Inc has hired an advertising executive from Google Inc to head its retail division, as the online messaging company ramps up hiring and works to expand its business ahead of an initial public offering, Bloomberg reported on Wednesday. J.J. Hirschle, who directed media and entertainment advertising at Google,...
  • Twitter likely to go public on November 15 16-10-2013 05:43 PM

    New York: The much anticipated initial public offer by microblogging site Twitter is likely to hit the US stock market on November 15, claims a research report. Twitter has disclosed plans to raise up to USD one billion from its proposed initial public offer (IPO) in its initial registration form...
  • Twitter reports biggest quarterly loss ahead of IPO 16-10-2013 01:10 PM

    New York: Twitter's losses are mounting as the online messaging service prepares to make its stock market debut. A regulatory filing Tuesday disclosed the San Francisco company lost nearly $65 million during the three months ending in September. That's the largest quarterly setback that Twitter has suffered during the past...
  • Twitter expected to begin investor roadshow on Oct 28, picks NYSE for IPO 16-10-2013 10:01 AM

    San Francisco: Twitter Inc revealed on Tuesday a tripling in quarterly losses as it prepares to list on the New York Stock Exchange in one of the year's most anticipated IPOs. The online messaging service's decision to go with the older exchange deals a blow to the tech-heavy Nasdaq, which...
  • Twitter's share price could double within a year; gets 'buy' rating 08-10-2013 10:28 AM

    Bangalore: Twitter Inc's share price could almost double in its first year as a listed company, a brokerage firm said, issuing a "buy" rating on the stock even before the online messaging service goes public. SunTrust Robinson Humphrey analyst Robert Peck, the first to rate the stock, suggested Twitter could...