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Initial Public Offerings


Text size Procore’s CFO says many construction companies still use pen, paper, and fax machines. Pojoslaw/Dreamstime Procore Technologies is looking to modernize the construction industry, which it says has been slow to adopt technology that could save vast amounts of money. Founded in 2003, Procore (ticker: PCOR) provides cloud-based construction-management software that enables its customers, …

Text size A scene inside the Oscar Center in the Brooklyn borough of New York. Kholood Eid/Bloomberg Oscar Health, the insurance-technology company backed by Josh Kushner, is slated to go public early next month, two people familiar with the situation said.  Oscar is scheduled to price its deal on March 2, and trade the next …

More than $157 billion has been raised as of Thursday, according to data provider Dealogic—over a third of that in the past 11 weeks—and the number of listings is the largest since the final hurrah of the dot-com boom in 2000. The soaring public offerings are showering returns on some of the biggest names in …

Shares in China’s biggest online health care platform have risen 50% in their Hong Kong stock market debut, reflecting investor enthusiasm for the fledgling industry as the country emerges from the coronavirus pandemic By JOE McDONALD AP Business Writer December 8, 2020, 7:03 AM • 3 min read Share to FacebookShare to TwitterEmail this article …

Chinese health-care companies are enjoying a banner year, with an overhaul of the country’s health system and relaxed listing rules helping fuel a surge in share sales. More than 60 health-care companies from China have raised a total $16.3 billion from initial public offerings and secondary listings in Hong Kong, mainland China and elsewhere, according …

Costfoto/Barcroft Media via Getty Images Jack Ma’s Ant Group filed for an initial public offering in Hong Kong and Shanghai on Tuesday, aiming to speed up its move into the financial services industry. The company is targeting a $225 billion valuation and could raise as much as $30 billion in the deal if demand holds …

SHANGHAI (Reuters) – As companies prepare to list on the start-up board ChiNext under a new U.S.-style IPO system on Monday, China’s Shenzhen will officially challenge Shanghai for tech listings, while adding fuel to a “technology war” with the United States. Eighteen companies will begin trading on the Nasdaq-style start-up board on Monday in a …

* Some 18 firms to list on Shenzhen’s revamped ChiNext on Monday * Reforms to ChiNext aimed at fast-tracking IPOs * Reforms come as U.S. and China fight so-called tech war * Fund managers flag tech bubble risks, fraud risks By Samuel Shen and Andrew Galbraith SHANGHAI, Aug 21 (Reuters) – As companies prepare to …

Uber Technologies Inc. is seeking to acquire Grubhub Inc. in an all-stock deal that would unite two of the biggest players in meal delivery at a time when the coronavirus pandemic has sparked a surge in demand for their services. Uber, which in addition to its flagship ride business operates a big meal-delivery unit known …

SoftBank Group Corp. won approval from WeWork’s board to take control of the troubled co-working startup, in a deal that would hand co-founder Adam Neumann nearly $1.7 billion and sever most of his ties with the company. WeWork, in danger of running out of cash in the coming weeks, chose a rescue offer from SoftBank …