WSJ News Exclusive | Instacart Set to Raise IPO Price Target After Successful Arm Debut
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SoftBank Chip Unit Arm Files for an IPO Likely to Be 2023’s Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link
China’s Ant Group Slapped With Nearly $1 Billion Fine
Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer...
WSJ News Exclusive | Panera Brands Names New CEO Ahead of IPO
Panera Brands said it promoted José Alberto Dueñas to chief executive as the restaurant company prepares to offer its shares...
Oatly Names Jean-Christophe Flatin as New CEO and Narrows Quarterly Loss
Current Chief Executive Toni Petersson is set to become the oat-milk company’s co-chairman. Source link
WSJ News Exclusive | J&J Consumer-Health IPO Process to Kick Off Key Test for Moribund New-Issue Market
The company is poised to begin a roadshow to pitch shares of its consumer-healthcare business, in a test for an...
Alibaba to Split Into Six Groups and Explore IPOs in a Departure From Jack Ma Era
The biggest structural overhaul in the Chinese tech company’s history comes days after co-founder Jack Ma returned to mainland China....
WSJ News Exclusive | Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact
The online retailer has notified the EV maker that it wants to buy about 10,000 vans this year, which is...
Buffett-Backed Electric-Car Giant BYD Halts Spinoff of Chip Unit
BusinessChinese company says IPO shelved to focus on booming electric-vehicle demand as chip bottleneck persists Source link
Volkswagen to List Porsche in One of Biggest IPOs in Years
The offering could value Porsche at as much as 85 billion euros ($84 billion), according to analyst estimates, injecting fresh...
Porsche Family to Acquire More Than 25% of the Car Maker as IPO Nears
VW, Europe’s biggest auto maker by sales, said the companies’ boards would meet on Monday to discuss the private placement...
WSJ News Exclusive | Jack Ma Plans to Cede Control of Ant Group
HONG KONG—Billionaire Jack Ma plans to relinquish control of Ant Group Co., people familiar with the matter said, part of...
Alibaba to Pursue Primary Listing in Hong Kong
HONG KONG—Alibaba Group Holding Ltd. will pursue a primary listing of its stock in Hong Kong, hedging its bets as...
TikTok Owner ByteDance Taps Senior Lawyer Julie Gao as CFO
SINGAPORE—ByteDance Ltd., the Chinese owner of short-video platform TikTok, appointed a senior China-focused lawyer as their new chief financial officer,...
Biotech Stocks, Once Booming, Enter Bear Territory
Biotech companies are having one of their worst stock-market runs in years, as rising interest rates, scientific setbacks and a...
Volkswagen in Advanced Talks Over Porsche IPO
BERLIN— Volkswagen AG and the heirs of Beetle designer Ferdinand Porsche, the company’s largest shareholder, said on Tuesday they are...
Intel CEO Sees Revenue Growth Gaining Pace Starting Next Year
Intel Corp. Chief Executive Pat Gelsinger set a goal for the company to reach double-digit revenue growth in three to...
Amazon Profits Show Resilience Even as Labor, Supply Crunch Weigh on Results
Amazon.com Inc. AMZN -7.81% said profits nearly doubled in the critical holiday period, as the company managed to control labor...
Harley-Davidson’s Electric-Vehicle Division to Go Public Via SPAC Merger
Harley-Davidson Inc.’s HOG 6.94% electric-motorcycle division will become a separate publicly traded company via a blank-check merger, a move the...
The Challenging Road Ahead for Rivian’s Billionaire CEO
RJ Scaringe grew up studying the auto industry, peering under parked cars as a teenager and stashing spare parts around...
