Airbnb’s public float is expected to be one of the biggest of this year, representing a remarkable turnaround after the dark early days of the pandemic when many feared the company would go out of business. Rob Siegel, a longtime venture capitalist and business professor at Stanford University, said: “The […]
float
1.5 million Hong Kong investors owed billions from Ant float
Ant Group More than 1.5 million Hong Kong investors are owed around $167bn (£128bn) in rebates after China’s surprise suspension of Ant Group’s record $37bn float. A tidal wave of retail investors piled into the listing of Ant, the financial technology company founded by one of China’s richest men Jack Ma, before its debut […]
Arm offloading its internet of things services business ‘makes float more likely’
Cambridge-based chip firm Arm dominates the smartphone market – Arm Holdings/Bloomberg News Arm’s decision to spin-off its “internet of things” (IoT) services business and focus on its core chip design business are signals a float is “now more likely”, analysts say. The SoftBank-owned chip designer announced it would hive off its IoT […]