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Didi Chuxing plans to sell 288 million shares at US$13 to US$14 each in its US IPO. The sale could value the entire firm at US$67 billion, compared with US$95 billion for Uber Technologies.
The company dominates ride-hailing in China, where it has no competitors on its scale.
Naveen Tewari, Co-founder of InMobi Limited InMobi Pte, which provides mobile-advertising services globally, is planning to list in the U.S. by the end of the year, according to a person familiar with the plan, potentially the first among a slew of Indian startups targeting initial public offerings. The tech upstart, India's first private company to reach unicorn status with venture funding, could kick off the IPO process in a few weeks, when its board is set to meet to consider a listing, said the person, who asked not to be identified talking about a confidential matter. The offering size c...
DHB Capital Corp. Announces Pricing of $250,000,000 Initial Public Offering March 01, 2021 20:45 ET | Source: DHB Capital Corp. DHB Capital Corp. Glen Cove, New York, UNITED STATES NEW YORK, March 01, 2021 (GLOBE NEWSWIRE) -- DHB Capital Corp. (the “Company”) announced today that it priced its initial public offering of 25,000,000 units, at $10.00 per unit. The units will be listed on The Nasdaq Capital Market (“Nasdaq”) and trade under the ticker symbol “DHBCU” beginning March 2, 2021. Each unit consists of one share of Class A common...
Chinese car maintenance service start-up Tuhu is considering a US initial public offering this year, after raising up to $400 million from a funding round earlier this month, people with direct knowledge of the matter told Reuters. Investment banks have been pitching to the company in recent weeks for the potential IPO, said five people. The company will likely opt for a US stock listing as there is more liquidity and more comparable companies trading on US exchanges, said three of the people. Two separate sources, however, cautioned the company, which provides services via its website, mo...