Icon Health and Fitness, the maker of fitness equipment including Peloton competitor NordicTrack, has hired veteran management consultant Steven Barr as its chief financial officer, according to a person familiar with the matter. The hire reinforces speculation that Icon may go public later this year. Business Insider reported in December that Icon has begun talking to banks about a 2021...
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China’s Ride-Hailing Giant Didi Plans Separate IPO of Grocery Business
Didi Chuxing, a Chinese ride-hailing giant that plans to go public in New York this summer, is already making plans to spin off its newly created grocery-delivery service a year or two after the initial public offering. Didi executives have told investors in the grocery service that it intends to take the grocery business public sometime between 2022 and 2023, according to a person familiar...
Tencent Trying to Prevent Forced Divestment of Riot, Epic Games
Uber’s Ride Hailing Business Performed Slightly Better in Q1
Microsoft Gaming Exec Details Failed Bid to get Cloud Gaming Service on iPhone
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