The Latest Breaking News from IPO

Recent footwear flotations have not fared well but German brand hopes to buck trend with multibillion listing in US

Intel this afternoon has announced that the company will be spinning off its programmable solutions group (PSG), to operate as a standalone business. The business unit, responsible for developing Intel’s Agilex, Stratix, and other FPGA products, will become a standalone entity under Intel’s corporate umbrella starting in Q1 of 2024,…

Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong

Cheeky Panda is targeting £15 million turnover for 2023 and its founders are planning an IPO in the next three years

Nubank's cofounder has adapted to leading a much larger business.

The meager post-IPO performance of Arm, Instacart, and Klaviyo means that “the first half of 2024 is the new second half of 2023” for other IPO hopefuls, according to Renaissance Capital’s Matthew Kennedy.

Goldman Sachs's Chief U.S. Equity Strategist, David Kostin, identified the two characteristics of a successful IPO.

"We did not participate in that IPO."

“While it has been a long time coming, it has also given us a chance to build a much stronger business,” she tells Fortune.