IPO

Overnight, ridesharing giant Uber made its S1 filing as part of its initial public offering, revealing the company made US$10 billion worth of operating losses since 2016. It also warned more operating losses are expected and it “may not achieve profitability”. The filing suggests Uber is pitching itself to investors

Cloud Computing

Koch Equity Development (KED) and Golden Gate Capital have invested  $1.5 billion in cloud ERP provider Infor, ahead of a potential IPO later this year. The capital builds on KED’s investment of more than $2 billion in early 2017, and represents an important milestone as Infor considers a potential IPO

Uber has confidentially filed for an IPO over the weekend, after its rival Lyft also filed late last week. According to the Wall Street Journal, both companies filed their S-1 paperwork to the US Securities and Exchange Commission (SEC) with their shares to go public early next year.  The two companies

The operator of Switzerland’s stock exchange is backing distributed ledger technology, arguing that — in the right hands — the technology is ready to earn the trust of the investment community.  In July the Swiss Stock Exchange (SIX) announced plans to launch a blockchain-based exchange for the trading, settlement and

The shares of Snap will start to trade on the US markets today. The IPO price of $17 per share values the company at about $24B. Based on interest in the shares (they were ten times over-subscribed), the value of the shares, and the company, are likely to rise substantially

Snapchat’s parent company, Snap, is preparing for an intial public offering (IPO). But it seems that ordinary shareholders will not have voting rights. Shares in the newly public Snap will either be dual-class or multi-class. A dual-class structure creates two classes of shares, each with different voting rights; a multi-class

Still think the Twitter IPO was a good bet? Twitter, as Statista once famously observed – has a quitter problem and that has serious implications for its growth potential. And for its share price. Since peaking at $73.31 on boxing day last year Twitter has lost a third of its value

Still think the Twitter IPO was a good bet? Twitter, as Statista once famously observed – has a quitter problem and that has serious implications for its growth potential. And for its share price. Since peaking at $73.31 on boxing day last year Twitter has lost a third of its value

Predictive marketing software provider Kenshoo has appointed Yukihiko Imamura as managing director for Asia Pacific and Japan (APJ) and flagged a potential IPO. Imamura will report to Ted Krantz, the company’s Chief Revenue Officer (CRO, and he will oversee Kenshoo’s business in APAC. Over the last 22 years, Yukihiko Imamura

Having raised $US21.8 billion, Alibaba has set the record as the biggest IPO in the US. However, surprisingly, it is only one of two tech companies in the top ten. Facebook is the other. In both cases, investors were buying on extraordinary expectations, rather than traditional valuation models such as earnings