IPO
The business behind Alibaba: How China’s tech titan makes billions
From a Hangzhou startup to a global tech powerhouse, uncover the strategies that turned Alibaba into a multi-billion-dollar empire. Alibaba’s 2014 IPO was the largest in tech history, raising $25 billion on its first day. Since its founding in 1999 in Hangzhou, China, the company has grown from a small business-to-business marketplace to a global […]
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Klarna tops third-quarter revenue estimates in first earnings report since IPO
Key Points Klarna topped Wall Street third-quarter revenue expectations in its first earnings report since its IPO on the NYSE in September. CEO Sebastian Siemiatkowski told CNBC that the company is benefitting from U.S. growth and growing adoption of Klarna Card and fair financing. Siemiatkowski said the company isn’t yet seeing “material differences” in payback […]
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Autonomous EV trucking company Einride going public in SPAC deal valuing it at $1.8 billion
The Einride EV freight truck charging station in Lynwood, California, built by Voltera and located close to the Ports of Los Angeles and Long Beach. Einride Autonomous EV freight trucking company Einride is planning to go public on the New York Stock Exchange through a SPAC deal with Legato Merger Corp. III, a blank check […]
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SoftBank-backed Lenskart wobbles after volatile debut despite oversubscribed IPO
A Lenskart Solutions Ltd. store in Mumbai, India, on Sunday, Nov. 9, 2025. Bloomberg | Bloomberg | Getty Images Shares of SoftBank-backed eyewear retailer Lenskart Solutions had a weak debut Monday, slipping as much as 11% below their issue price before recovering in early trade. Lenskart shares were last trading 0.05% higher at 402.2 Indian […]
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Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide fell nearly 8% as the autonomous driving companies began trading in Hong Kong. Pony.ai and WeRide, which are already listed in the U.S., raised 6.71 billion Hong Kong dollars (about $860 million) and HK$2.39 billion, respectively in […]
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Amazon-backed eVTOL company Beta Technologies closes up nearly 6% in NYSE debut
Kyle Clark, Founder & CEO of Beta Technologies rings the Opening Bell at the New York Stock Exchange on Nov. 4, 2025. NYSE Beta Technologies, an electric aircraft company, closed up nearly 6% at $36 a share in its New York Stock Exchange debut on Tuesday. On Monday, the company priced shares in its IPO […]
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Corporate travel and expense software firm Navan shares sink by double-digits in first trade after $6 billion Nasdaq IPO
Corporate travel and expense management platform Navan fell by as much as 15% in its first trading day on the Nasdaq under the ticker symbol “NAVN” after its successful initial public offering. The Navan IPO, which priced on Wednesday night, valued the business-to-business software vendor at $6.2 billion, raising $923 million and with shares settling […]
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AI and energy-focused SPAC raises $175 million and taps Nvidia, Prologis execs as advisors for deal hunt
Key Points Dynamix Corporation III has raised an upsized $175 million in an initial public offering, people familiar with the matter told CNBC. The SPAC may also opt to issue additional shares, raising a total of $201.25 million that will be used to acquire a company in the AI, energy or digital asset class sector. […]
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Navan IPO lands rare one-person venture capital firm its biggest win ever, a $1 billion payday
It wasn’t a traditional pitch meeting. There were no slides, no product demo. There wasn’t even a clear explanation of what the founders were trying to build. But for investor Oren Zeev’s decision-making process, none of that was necessary. “I just liked them, I just wanted to be close to them,” said Zeev. “So I […]
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Shares of China’s Sany Heavy Industry trade flat on Hong Kong trading debut after $1.6 billion IPO
A worker debugs a robot at a Sany Heavy Industry plant in Changsha, central China’s Hunan Province, on Feb. 20, 2020. Chen Zeguo | Xinhua News Agency | Getty Images China’s Sany Heavy Industry rose over 3% on its Hong Kong trading debut Tuesday after raising HK$12.36 billion ($1.59 billion) in one of the city’s […]
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