IPO

  • Messaging app Line files for IPO valued over $10 billion: Source July 15, 2014

    Tokyo: Japanese messaging app operator Line Corp applied for an initial public offering (IPO) valued at over 1 trillion yen ($9.85 billion) around two weeks ago at the Tokyo Stock Exchange, a person with knowledge of the matter said on Tuesday. Line, owned by South Korea's Naver Corp, has hired Nomura...
  • Videocon d2h likely to bring IPO this fiscal July 4, 2014

    Mumbai: Direct to home service provider Videocon d2h is likely to go ahead with its proposed public float (IPO) plan this financial year, according to a top company official. The company had received the permission from market regulator Sebi in March 2013 for its proposed Rs 700-crore IPO but did...
  • Sebi board to meet tomorrow; slew of reform measures on agenda June 18, 2014

    New Delhi: Capital markets regulator Sebi is set to announce a slew of measures, including IPO and Offer for Sale reforms, to give a boost to the primary markets and make it easier for companies to raise funds. These issues, along with new guidelines for research analysts, common Know Your Client...
  • Web hosting company GoDaddy files for IPO June 10, 2014

    New York: Web hosting company GoDaddy is filing for an initial public offering. The company known for its racy Super Bowl commercials says it has 12 million customers and is the largest provider of website domain names. GoDaddy also said on Monday that company founder and former CEO Bob Parsons is...
  • DataWind, makers of Aakash tablet, plans $28 million IPO June 5, 2014

    Toronto: DataWind plans to raise about C$30 million ($27.41 million) via an initial public offering on the Toronto Stock Exchange that will value the discount tablet maker at about C$117 million, according to documents filed with regulators on Wednesday. Mississauga, Ontario-based DataWind has grabbed headlines in recent years as the maker...
  • Wearable camera maker GoPro files to go public May 20, 2014

    Bangalore: GoPro Inc, which makes wearable sports cameras and accessories, filed with US regulators on Monday to raise up to $100 million in an initial public offering of common stock. JP Morgan, Citigroup and Barclays are the lead underwriters of the IPO, the company told the US Securities and Exchange Commission...
  • Chinese e-commerce giant Alibaba expected to file for US IPO next week April 16, 2014

    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 early...
  • Swedish eye tracking technology firm Tobii plans IPO: Report March 30, 2014

    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 analysis,...
  • 'Candy Crush' maker King Digital to go public; could be valued as high as $7.6 billion March 25, 2014

    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 end...
  • China's Twitter-like Weibo files for $500 million US IPO March 15, 2014

    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, following...
  • Web hosting company GoDaddy eyes initial public offering: Sources March 15, 2014

    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 a...
  • 'Candy Crush' maker King Digital sees up to $7.6 billion IPO valuation March 13, 2014

    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 $17...
  • Candy Crush Saga maker King Digital plans IPO February 19, 2014

    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 how...
  • Nasdaq to compensate firms on December 31 for botched Facebook IPO December 28, 2013

    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 lost...
  • Twitter introduces self-serve ads for SMEs in Canada, Ireland, UK November 17, 2013

    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 buy...
  • The next IPO after Twitter: Pinterest, Dropbox, Snapchat or Flipboard? November 14, 2013

    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 growing...
  • India-born investor Suhail Rizvi gains big from Twitter IPO, rakes in $3.8 bn November 8, 2013

    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 November 8, 2013

    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 November 8, 2013

    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 in...
  • Twitter shares surge over 90 per cent on NYSE debut, hit $50 November 7, 2013

    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 offering...
  • Live blog: Twitter IPO debut on NYSE November 7, 2013

    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... November 7, 2013

    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 isn't expected...
  • Twictionary: A glossary of Twitter terms November 7, 2013

    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 November 7, 2013

    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 be...
  • Twitter is powerful, but can it make money? November 6, 2013

    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 and...
  • Aiming to avoid Facebook chaos, NYSE runs Twitter IPO test October 27, 2013

    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 weekends,...
  • Line messaging app considers overseas IPO next year: Sources October 26, 2013

    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 anonymity,...
  • At $17 to $20 share range for IPO, Twitter's valuation a modest $11 bn October 25, 2013

    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 for...
  • More than a third of Twitter users don't use Twitter October 21, 2013

    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 point...
  • Twitter says revenue potential limited in India October 20, 2013

    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...