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Resale is growing in popularity among Gen Z and millennial shoppers, but online resale companies are struggling to attract investors as public companies. Poshmark shares are down more than 70% since its IPO in January 2021. CEO Manish Chandra speaks to CNBC's Courtney Reagan about the social resale app's
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The Supreme Court on Thursday issued notices to the central government on multiple pleas challenging the government move to dilute its share in Life Insurance Corporation (LIC) of India but refused to interfere with the IPO process for now. The government had by way of an amendment to the 2021
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Masayoshi Son speaks during a joint announcement with Toyota Motor to make new venture to develop mobility services in Tokyo in October 2018.Alessandro Di Ciommo | NurPhoto | Getty ImagesJapanese tech conglomerate SoftBank intends to keep a majority stake in U.K. chip designer Arm when it lists the company
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TVS Supply Chain Solutions, a part of TVS Mobility Group, has obtained Sebi's approval to raise funds through initial share sales. It will be the first TVS Group entity to go public in more than two decades and a half. The IPO consists of fresh issue of equity shares aggregating
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A shopper prepares fill his cart at a Giant supermarket in Washington, DC, April 6, 2020.Evelyn Hockstein/The Washington Post via Getty Images)Grocery delivery platform Instacart said late Wednesday it has filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC), paving the way for the firm
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Nio is planning to list its shares in Singapore. This would be the Chinese electric carmaker's third listing location, following its IPO in New York and a secondary listing in Hong Kong.Costfoto | Future Publishing | Getty ImagesChinese electric carmaker Nio said Friday that it's planning a secondary share
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Didi said in its annual report that it's being investigated by the U.S. Securities and Exchange Commission. The SEC opened the probe after Didi's U.S. IPO last year.Sopa Images | Lightrocket | Getty ImagesThe U.S. Securities and Exchange Commission is investigating Didi after its tarnished initial public offering, adding
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Europe's fintech sector is fiercely competitive, with privately-held start-ups worth tens of billions of dollars vying to steal market share from incumbent banks.Oscar Wong | Moment | Getty ImagesLONDON — Nium, a $2 billion digital payments start-up based out of Singapore, has big plans for its European business.The company,
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It's been a slow and cautious start for SPACs that launched in Hong Kong and Singapore in recent months.George Rose | Getty Images, ReutersIt's been a slow and cautious start for SPACs that launched in Hong Kong and Singapore in recent months — in stark contrast to last year's
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A general view of the downtown area in Dubai, United Arab Emirates, December 08, 2021.Satish Kumar | ReutersDUBAI, United Arab Emirates — Shares of DEWA, the Dubai Water and Electricity Authority, surged more than 20% as the giant utility company began trading on the public market Tuesday, marking the
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