Articles with tag: initial public offering

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Ecommerce company Allegro sets its IPO at USD 11.24 bln

30 Sep 2020 | Ecommerce

Poland-based ecommerce platform Allegro has set its initial public offering price at USD 11,07 per share, valuing a total of USD 11.24 billion.

Allegro, Poland, ecommerce, initial public offering, IPO, marketplace

Kakao Pay set to be Korea's first mobile-payment fintech to go public

29 Sep 2020 | Mobile Payments

South-Korea mobile payments fintech Kakao Pay has announced kicking off preparations for an initial public offering.

Financial Supervisory Service, Kakao Pay, IPO, initial public offering, mobile payments, South Korea, Asia, APAC,

Zomato raises USD 160 mln from Tiger Global, Temasek

11 Sep 2020 | Ecommerce

India-based food delivery startup Zomato has raised USD 160 million from US hedge fund Tiger Global Management and a unit of Singapore’s Temasek Holdings.

Zomato, India, food delivery, funding, Tiger Global Management, Temasek Holdings, Info Edge, Swiggy, Amazon, initial public offering, IPO

PhonePe to go public as a separate entity by 2023

24 Aug 2020 | Mobile Payments

Walmart-owned digital payments platform PhonePe has been reportedly working to go public by 2023 as a separate entity in the US or India, reporting a valuation of USD 7 to USD 10 billion.

PhonePe, Walmart, US, India, MDR, UPI, initial public offering, Google Pay, the National Payments Corporation of India, NPCI, recurring payments

Alibaba solves USD 250 mln lawsuit

06 May 2019 | Digital Identity, Security & Online Fraud

Alibaba has settled a USD 250 million US lawsuit that accused the ecommerce company of concealing regulatory warnings about its ability to stop counterfeiting.

Alibaba, lawsuit, counterfeit, regulatory warnings, US, ecommerce, initial public offering, fraud, securities, litigation, shareholders