Catherine Badour
Streaming music leader Spotify Technology SA on Tuesday filed for a direct listing of its shares, Reuters reported.
Having topped expectations with the upsized price of its initial public offering, Dropbox Inc (DBX.O) on Friday faces its next big challenge: a successful launch of trading when global stock markets are on the defensive and tech shares are particularly soft.
Cybersecurity software maker Tenable Network Security Inc has hired investment bank Morgan Stanley (MS.N) to lead an initial public offering (IPO) that could come as early as this fall, sources told Reuters.
German meal-kit delivery company HelloFresh (HFGG.DE) is buying U.S. rival Green Chef Corporation in a move that will boost revenue but will delay efforts to rein in losses, Reuters reported.
Cloud storage firm Dropbox Inc [DBX.O] raised the price range for its initial public offering by $2 on Wednesday as investors bid strongly for the first big tech IPO this year ahead of final pricing expected on Thursday, Reuters reported.
Bankers are working on debt financings of almost €1bn to back a potential sale of German home shopping TV network HSE24, banking sources said.
Fidelity’s Eight Roads Ventures Europe has raised a new $375 million fund, its third, with plans to invest in growth-stage tech firms across Europe and Israel that aim to scale up globally, the venture firm said on Tuesday.
Cloud storage company Dropbox Inc’s [DBX.O] initial public offering was oversubscribed, sources told Reuters, indicating healthy demand for the first big tech IPO this year even as tech stocks opened the week on sour note.
Alibaba Group Holding Ltd (BABA.N) said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped a top executive to run the business, as it takes on rivals such as tech titan Amazon in an aggressive expansion in the region, Reuters reported.
E-commerce giant Alibaba Group Holding Ltd (BABA.N) is working on a plan to list on a stock exchange in its home country, China, the Wall Street Journal reported on Thursday, sources told Reuters.