The scrutiny intensified when Didi elected to list its shares in the U.S. In the eyes of the Chinese government, that raised the possibility that Didi would then share its precious domestic data with U.S. counterparties.
Read moreStumbles at Uber and WeWork Don't Mean the End of Tech
After a long drought, the go-go days of hot technology IPOs appear to be back. The new age began last week with the long-awaited public offering of shares in ride-hailing service Lyft, which raised more than $2 billion for the company with a valuation climbing to over $26 billion before falling back to earth on Monday. To put that in perspective, Lyft’s valuation after the IPO rivaled those of Snapchat, Dropbox, and Spotify; it’s larger than all of this year’s IPOs combined.
Read moreAmerica, Meet Alibaba
The largest company you’ve never heard of is about to become a publicly traded U.S. company. After months of heated speculation within the financial world, Alibaba filed papers to list its shares in the United States. Its possible size? Somewhere between $150 billion and $200 billion dollars.
Read moreColumn: Tweeting our way forward
Twitter's initial public offering last week was everything that Facebook's botched offering a year and a half ago was not: the stock was reasonably priced; management wooed investors; and the company neither promised the moon nor the stars, and was rewarded with a substantial amount of cash raised, a stock that went up more than 75 percent, and a valuation of $25 billion.
Read moreTweeting Isn't a Bubble, It's a Bandwagon
Twitter’s initial public offering last week was everything that Facebook’s botched offering a year and a half ago was not: the stock was reasonably priced; management wooed investors; and the company neither promised the moon nor the stars, and was rewarded with a substantial amount of cash raised, a stock that went up more than 75 percent, and a valuation of $25 billion.
Read moreWhy Alibaba, the Amazon of China, Is Coming to America
China's top e-commerce company wants to go public on the New York Stock Exchange. It's a reminder that, while global politics might be frozen, global commerce is not.
Read moreWall Street, Not Facebook, Bears Most of the Blame for the Company’s IPO Debacle
All the actors in the Facebook IPO debacle look bad, Zachary Karabell writes, but most of the blame should be directed at Morgan Stanley and the other banks that underwrote the stock offering. Plus, Dan Lyons breaks down 7 things to know about the scandal.
Read moreDon't De-Friend Facebook Yet: Its IPO Might Not Mean Trouble Ahead
Facebook’s epically hyped IPO debuted not with a bang but with a whimper. While the company sold $16 billion worth of initial shares, the stock ended the day largely where it began, at $38 a share, leaving the company with a market cap of about $100 billion. The offering was widely derided by the Wall Street community of traders, who viewed the stock's failure to soar on day one as a sign of troubled times ahead for Facebook.
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