Lyft now expects to be valued at between $20 billion and $25 billion in its IPO, the sources said, adding that the roadshow is expected to last for about two weeks. The sources cautioned that the plans were still subject to change and market conditions.
Uber is aiming for an IPO that could value it at as much as $120 billion. Chief Executive Dara Khosrowshahi has worked to shore up the company’s balance sheet by selling unprofitable units and completing fundraising including investments from SoftBank Group Corp. and Toyota Motor Corp. , and a large debt sale.
Levi Strauss & Co. Wednesday Filed Paperwork For An Initial Public Offering Of Shares And It Hopes To Raise More Than $600 Million
In its IPO filing, Levi said it was looking to make acquisitions that would “drive further brand and category diversification.” The company still gets the majority of its sales from its Levi’s jeans and Dockers khakis.
Acquiring the closely held site would give Airbnb a way to show investors more growth potential and demonstrate it can branch out beyond its core short-term, home-rental business ahead of a share listing the company has said could come this year or next.
Pinterest Readies Itself for Early 2019 IPO. Online image-search company could choose bankers for the offering as early as January
In September, Pinterest surpassed more than 250 million monthly active users, who visit the site to browse through billions of images on topics ranging from living-room furniture to dinner recipes and tattoos. The company generates revenue from ads scattered across its site and is poised to generate revenue in excess of $700 million this year, up 50% from the prior year
The San Francisco company filed paperwork Friday to raise $150 million. Greenoaks Capital, which counts the stock-trading app Robinhood Markets Inc. and the construction startup Katerra Inc. among its investments, was the lead investor in the round, the firm and Discord said.
Uber Proposals Value Company at $120 Billion in a Possible IPO Eye-popping offering, which could take place early next year.
StockMarketNews.Today – Uber Technologies Inc. recently received proposals from Wall Street banks valuing the ride-hailing company at as much as $120 billion in an initial public offering that could take place early next year, according to people familiar with the matter.
IPO Market: Money-losing companies are going public at a record rate as investors hunger for new issues.
StockMarketNews.Today – Stock investors are welcoming money-losing companies into the public markets this year with open arms.