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Chinese online retailer JD.com is in talks with bankers to list shares of its online supermarket joint venture in the U.S. next May, looking to capitalize on the growth of China’s e-commerce sector, which is a bright spot in the country’s otherwise weakening economy.
Dada-JD Daojia, a joint venture controlled by JD.com and 10% owned by Walmart, which earlier sold its own China-based ...
When Postmates raised $300 million last September—roughly five months before the company filed confidential paperwork with regulators to go public—the meal delivery startup’s CEO Bastian Lehmann pledged to use the money to grow faster.
Sure enough, Postmates hit the gas pedal on advertising, one of its primary tools for juicing growth. Between its fundraising last year ...
As the tech IPO bandwagon continues, journalists and investors are keeping score. The only problem is no one seems to have the same definition of success.
Was Zoom a successful IPO because its share price shot up 72% on its opening day and now trades 161% above its IPO price? What about the fact that the company sold relatively little stock? Or take Slack, which tried the novel approach ...
In the battle for investment banking deals and mindshare in Silicon Valley, Goldman Sachs is pulling ahead.
Goldman swept all categories in this year’s The Information’s Top Banker Survey, continuing its dominance from recent years. By a wide margin, readers said Goldman is the bank they would use to go public, that brings them the most interesting deals and is on the upswing. ...
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