IPO Archives - Page 16 of 19

Baidu Posts First Quarterly Loss Since IPO

This Thursday on May 16, Baidu Inc. released its unaudited first quarter financial results for the quarter ended March 31, 2019.

Luckin Coffee Updates $510 Million U.S. IPO

Luckin Coffee, the Starbucks challenger in China, is seeking to raise up to $510 million in the U.S. initial public offering (IPO).

Luckin Coffee Files For U.S. IPO with Total Financing of $100 Million

On April 23, Luckin Coffee, the Chinese Starbucks challenger, filed for official IPO to the U.S. Security Exchange Commission, with the ticker symbol 'LK'.

Chinese Influencer Startup Ruhnn Went Listed on NASDAQ

On Apr. 3, Ruhnn, an Alibaba-backed Chinese influencer startup went listed on NASDAQ, with a ticker symbol of “RUHN” and issuing price of $12.5. The total financing is expected to reach $1,250 million.

Pinduoduo Stocks Drop Despite Revenue Exceeding Wall Street Expectations

Pinduoduo released its full-year financial report on Mar. 13. The Shanghai-based Chinese e-commerce company, which has been likened to Groupon, exceeded market expectations in terms of revenue but missed earnings estimates.

Number of Chinese IPOs in US Hit Eight-Year High

Some 33 Chinese companies got listed on the New York Stock Exchange and Nasdaq in 2018, a great leap from 2017's 17 listings.

Tencent Music Debuts IPO at NYSE

Tencent Music (TME), the music streaming subsidiary of the China tech giant Tencent Holdings Ltd., raised $1.1 billion in its U.S. initial public offering (IPO), pricing shares at $13 per piece on Dec. 12 local time.

Tongcheng-eLong File for IPO at the Hong Kong Stock Exchange

On Nov. 26, Tongcheng-eLong, the online travel platform backed by Tencent became listed on the Hong Kong Stock Exchange (HKEX) at an issuing price of 9.8 Hong Kong dollars.

Meituan-Dianping Reported a Widened Loss in Its First Post-IPO Earnings

On Nov. 22 Meituan-Dianping, China’s on-demand service provider, released its first earnings report after raising $4.2 billion in an IPO in September. Its third quarter operating loss soared to $497.46 million, that means it tripled from last year’s $151 million for the same time period.

Faraday Future Eyes a Potential IPO in 2020

Faraday Future (FF), the electric car start-up aiming to challenge Tesla, held an “Evolution Strategy Communication Meeting” at the Los Angeles headquarters on Nov. 12.

China Dominates Tech IPOs on the U.S. Market in 2018

Throughout the first three quarters of 2018, Chinese tech companies far outnumbered U.S. companies in filing for IPOs on U.S. stock exchanges, according to an IPO report released by Renaissance Capital, a leading IPO investment research company.

China’s Popular English Learning Platform LAIX Listed on the NYSE

LAIX Inc., an English learning platform from China driven by artificial intelligence (AI) technology, listed on the New York Stock Exchange (NYSE) on Sept. 27. It is trading under the ticker symbol LAIX.

China Tech’s Leading Investment Bank, China Renaissance, Goes Public in Hong Kong

China Renaissance Holdings Ltd. officially listed on the Main Board of the Hong Kong Stock Exchange at 9:30 a.m. on Sept. 27, under the ticker 1911.HK. This marks the emergence of world-class Chinese investment banks, as reported by Chinese media.

Haidilao, the $12 Billion Hot Pot Chain Goes Public in Hong Kong

After submitting its prospectus in May, Haidilao International Holding Ltd. is finally going public on the Hong Kong Stock Exchange on Sept. 26.

Viomi Goes Public on the Nasdaq, Second U.S. IPO in the Xiaomi Ecosystem

Viomi, a smart home appliances company in the Xiaomi ecosystem, started trading on the Nasdaq Stock Market on Sept. 25 under the ticker symbol VIOT.

Ep. 23: Update on Meituan, the Super App that Won Against a Thousand Clones

Happy Holidays, TechBuzz listeners! That’s right, it’s Mid-Autumn Festival, followed closely by Golden Week for the Pandaily team back in Beijing. In honor of the holidays — and to commemorate *almost* six months since we released our first episode of TechBuzz back in April of this year — co-hosts Rui and Ying-Ying are taking off as […]

NIU Submit IPO Prospectus to SEC, Planning to Raise Up to $150 Million

NIU Technologies Group, a Chinese electric scooter startup, has submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) for an IPO on NASDAQ, intending to raise up to $150 million. The number of shares and their price range remain unknown.