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Category: IPO
Global IT News, Global Security News, IPO, raising, Startups
Goldman Sachs’ David Solomon tells startups to reconsider going public
Goldman Sachs is one of the biggest investment banker “book runners” for IPOs – where banks are paid many millions of dollars for each listing they underwrite. Yet CEO David Solomon told attendees of the Cisco AI Summit in Palo Alto that startups should reconsider the idea of going public, reports the Financial Times. Solomon…
Fintech, Global IT News, Global Security News, groww, India, IPO, TC
Groww, India’s biggest trading app, prepares for IPO
Groww, India’s largest retail stockbroker, is positioning itself to file for an IPO in 10-12 months and is seeking a valuation between $6 billion to $8 billion, sources familiar with the matter told TechCrunch, in what would be a landmark listing for the country’s fintech sector. The Bengaluru-headquartered’s listing would be the first IPO by…
Asia Pacific, Commerce, Global Security News, IPO, Shein
Shein is still looking to IPO
Shein is still looking to IPO, Reuters reports. The company is looking to list on the London Stock Exchange (LSE) and could complete its IPO as early as April. The push for London comes after the company stopped trying to list in the U.S. as lawmakers raised concerns over the company’s connections to China and…