Klarna in talks with investors over $10bn valuation
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Klarna is said to be in talks with investors for a new round of funding which would value the Swedish payments company at more than $10 billion, according to Reuters.…
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Wish.com files for IPO
Wish.com is preparing to launch an initial public offering (IPO) after filing a confidential registration statement with the Securities and Exchange Commission (SEC).
The discount shopping platform, which was founded…
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Fashion resale startup ThredUp is planning an IPO in the coming months
ThredUp is preparing to go public and hopes to raise between $200 million and $300 million in an initial public offering (IPO) next year.
The fashion resale platform is eyeing…
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Deliveroo sparks IPO speculation after appointing new CFO
Deliveroo has sparked fresh speculation that it is considering an Initial Public Offering (IPO) after appointing a new chief financial officer.
Ex-Expedia executive Adam Miller will join Deliveroo as its…
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Casper lays off 21% of workforce as it shuts all European operations
Casper Sleep is closing down all of its European operations while laying off around “21 per cent of its corporate workforce globally” as it continues to struggle after its IPO.…
Read MoreCasper shares finish 13% up on first day of trading despite troublesome IPO
Casper has seen its shares rise nearly 13 per cent during its first day of trading despite a troubled IPO which valued it well below expectations.
The online mattress retailer…
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Alibaba sets final offer price ahead of £8.7bn listing set to revive Hong Kong’s financial sector
Alibaba announced its final offer price of HK$176 (£17.39) per share ahead of its landmark listing on the Stock Exchange of Hong Kong (SEHK) next week, set to be the…
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Alibaba IPO shrinks cash pool in Hong Kong
Alibaba Group’s impending initial public offering is shrinking cash levels in Hong Kong.
The city has spent the past months contending with political protests, with Alibaba’s proposed $13.4 billion (£10.5…
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Alibaba eyes November for $15bn Hong Kong IPO
Alibaba Group is believed to be considering a listing in Hong Kong as early as November, according to a new report from Reuters.
The e-commerce giant, which is the world’s…
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Klarna valued at $5.5bn as it becomes largest fintech startup in Europe
Klarna is now worth $5.5 billion making it Europe’s largest private fintech startup as it eyes a possible stock market float. A recent funding round, led by Dragoneer Investment Group,…
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We are currently living in an altered world. COVID-19 has shown the fragility of businesses across all industries, but particularly in the fashion and retail sector.
Whilst many companies had…