Main topic: The reawakening of the tech IPO market and its impact on heavily-funded startups.
Key points:
1. Arm Holdings and Instacart's IPOs will test investor appetite for tech IPOs and potentially rejuvenate the stagnant market.
2. The bar is higher now for startups planning to go public, with investors seeking profitable companies.
3. The market has been challenging for recent IPOs, with many billion-dollar listings currently valued below $1 billion.
Note: The provided content contains more than three key points.
Data and marketing automation firm Klaviyo has filed paperwork for its initial public offering (IPO), revealing significant revenue growth and profitability in its recent quarter.
Main topic: Zepto's $200 million fundraise and plans for an IPO in early 2025
Key points:
1. Zepto has become a unicorn startup after raising $200 million in a Series E round, valuing the company at $1.4 billion.
2. The fundraise will strengthen Zepto's balance sheet and position the company well for future profitability and an IPO.
3. Zepto's focus is on expanding its quick commerce services in India's largest cities, aiming to achieve $1 billion in annualized sales and profitability within the next few quarters.
British semiconductor designer Arm Holdings is planning a multibillion-dollar initial public offering (IPO) on the Nasdaq Stock Exchange in the US, aiming to raise between $8 billion and $10 billion with a valuation of $60 billion to $70 billion, positioning itself as one of the biggest IPOs of 2023.
Instacart aims for a valuation of up to $9.3 billion in its upcoming IPO, a significant decrease from its previous funding round, with cornerstone investors agreeing to buy up to $400 million worth of shares.
Birkenstock, the iconic sandal maker, has filed for an initial public offering (IPO) and warned investors about the risks posed by counterfeit products promoted on social media.
German premium footwear brand Birkenstock has filed for an initial public offering in the US, following the footsteps of other European companies seeking a foreign listing, with its filing revealing a rise in net revenue but a fall in profit for the first half of the year.
German sandal company Birkenstock, known for its anatomically shaped cork-and-latex insoles, is set to become a publicly traded company on the New York Stock Exchange, with an expected valuation of over $8 billion.
Instacart raised $660 million in its initial public offering (IPO) at the top of the price range, resulting in a fully diluted valuation of $9.9 billion and making it one of the biggest companies to go public this year, providing relief to the IPO market.
Marketing automation company Klaviyo Inc achieved a valuation of $9.2 billion in its IPO after pricing its shares at $30 each, signaling a rebound in the U.S. IPO market.
Alibaba's Cainiao has filed for a US$1 billion IPO in Hong Kong, potentially becoming the second-largest listing of 2023 and testing the appetite for new listings in the region.
German sandal company Birkenstock plans to price its upcoming IPO in New York at $44 to $49 per share, with a valuation of up to $9.2 billion, and it has announced that Alexandre Arnault, son of LVMH chairman Bernard Arnault, will join its board of directors.
German shoemaker Birkenstock plans to sell shares for between $44 and $49 apiece in its upcoming IPO on the New York Stock Exchange, potentially valuing the company at up to $10 billion.
Birkenstock is set to attain a $10 billion valuation through its U.S. IPO, as it has secured enough commitments from investors to price its offering at the top of its range.
Birkenstock Holding is set to go public at a $10 billion valuation after securing enough investor commitments to price its U.S. IPO at the top of its indicated range, potentially raising $1.58 billion.
Birkenstock, a popular sandal maker, has filed for an IPO and has gained popularity across various sectors including healthcare, fashion, and technology, with its designs appearing in movies, fashion shows, and on the feet of influential figures like Steve Jobs.
German sandal maker Birkenstock has raised $1.48 billion in its initial public offering (IPO), valuing the company at over $9 billion, as it aims to expand its business in Asia and the United States.
Birkenstock prices IPO at $46, valuing the company at $8.6 billion.
