UPDATED
Inc42 Media ·
Fintech major PhonePe’s net loss widened by 62% in the financial year ended March 2026 (FY26) to ₹2,792 Cr from ₹1,727.4 Cr reported in the previous fiscal year, as higher employee costs, elevated marketing spends, ESOP expenses, and...
Tech-Economic Times ·
Revenue rose 8% to $41.8 billion in 2025, but net income fell 39% to $2.06 billion. In the first quarter of this year, the fast fashion retailer swung to a $99 million loss, the filing showed. While the quarterly loss partly...
BGR ·
Despite their limitations and the era, the iPods of yore had some fairly impressive apps and features.
TechNode ·
Chinese humanoid robot maker AgiBot has initiated the process for a Hong Kong IPO. The move follows earlier reports that the Shanghai-based company had selected banks and was preparing for a listing. Founded in 2023, AgiBot develops...
Innovation Village | Technology, Product Reviews, Business ·
Anne Kinuthia Otieno has stepped down as Managing Director of Airtel Money Kenya after nearly five years, departing just months before parent company Airtel Africa plans to list its mobile money unit in London. Leadership Transition Her...
TechNode · · Unconfirmed
Shein is reportedly preparing for a Hong Kong IPO as early as late August, with the listing potentially moving into September, according to its draft prospectus and people familiar with the plan. The fast-fashion ecommerce company has...
TNW ·
Shein has finally shown investors the numbers. In a draft prospectus filed on July 26, the fast-fashion retailer disclosed annual revenue of $41.8 billion for 2025, up roughly 8% on the year before, alongside a net profit that fell...
TechNode ·
ChangXin Memory Technologies (CXMT), China’s largest DRAM maker, raised RMB57.92 billion ($8.6 billion) in its Shanghai STAR Market IPO on July 27, in what became the largest mainland semiconductor offering on record. By the midday...
Latest InfoTech News, IT, Information Technology News | The HinduBusinessLine ·
China’s DRAM chipmaker ChangXin Memory Technologies (CXMT) stunned markets with a more than 500% surge on its Shanghai debut, becoming the country’s most valuable listed company and marking a major milestone in Beijing’s quest for...
Electronics Weekly ·
Earlier today, shares in CXMT, China’s biggest DRAM company, opened 472% higher in their Shanghai IPO reaching a $487 billion valuation. The company, the world’s fourth largest DRAM vendor, raised […] The post CXMT IPOs at $487bn...
Tech-Economic Times ·
At the IPO price, CXMT is valued at about 579 billion yuan ($85.5 billion) before the possible exercise of the over-allotment option, making it one of China's largest listed semiconductor companies. The company's IPO is the biggest...
PYMNTS.com · · Unconfirmed
Chinese artificial intelligence startup DeepSeek has reportedly paused its second round of funding. That’s according to a report Saturday (July 25) from Bloomberg News, which says the decision comes days after viral comments on...
Tech-Economic Times ·
The retailer won approval from the China Securities Regulatory Commission for its Hong Kong listing on July 10, clearing the way for a listing after failed attempts in New York and London.
Tech-Economic Times ·
The Mumbai-based company, which has filed draft papers for a BSE SME IPO, plans to use the fresh issue proceeds to strengthen its AI/ML technology stack. Klassroom said demand for AI-focused courses has surged over the past year and...
Inc42 Media ·
IPO-bound manufacturing startup Zetwerk has raised ₹500 Cr in a pre-IPO funding round from Bharat Value Fund, a SEBI-registered Category II AIF sponsored by the Pantomath Group, sources told Inc42. According to the sources, the round...
Tech-Economic Times ·
Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in today’s ETtech Morning Dispatch.
Tech-Economic Times · · Unconfirmed
Anthropic may require employees to sell stock via preset trading plans after its public debut. These plans aim to prevent insider trading concerns for all staff members. The AI firm is racing to go public amid investor interest in...
TNW ·
Google spent years as a low-key backer of SpaceX. This week it showed what that patience is worth. In a quarterly filing, Alphabet said its Google unit holds $94.1bn in SpaceX shares, following the rocket company’s record IPO.
Inc42 Media ·
Edtech startup Klassroom’s SME IPO will open on July 31 (Friday). The public issue comprises a fresh issue of up to 19.89 Lakh shares and an offer for sale of up to 4.66 Lakh shares. Fusion Klassroom, the parent of the edtech startup,...
TechCentral ·
Airtel Money's London listing will give investors a first clean benchmark for valuing African mobile money platforms.
Latest InfoTech News, IT, Information Technology News | The HinduBusinessLine ·
The IT firm aims to scale AI data infrastructure business; pursuing two acquisitions this year
Inc42 Media ·
Months after Zetwerk accused Ayr Energy and its founder of using stolen confidential information to build a rival business, the US-based transformer startup has hit back with legal claims of its own. Ayr Energy has accused Zetwerk of...
TNW ·
The ChatGPT maker has put two banking chiefs on both its nonprofit and for-profit boards: Nubank’s David Vélez and BNY’s Robin Vince. It is the kind of Wall Street ballast a company assembles when it is getting ready to face public...
TechRepublic ·
Moonshot AI could list in Hong Kong within six months after ARR reached $300 million and Kimi K3 demand forced a pause in new subscriptions. The post Moonshot AI Eyes IPO as Kimi K3 Drives ARR to $300M appeared first on TechRepublic .
Inc42 ·
Months after Zetwerk accused Ayr Energy and its founder of using stolen confidential information to build a rival business, the US-based transformer startup has hit back with legal claims of its own. Ayr Energy has accused Zetwerk of...
TechNode · · Unconfirmed
Moonshot AI, the developer of the Kimi chatbot, reportedly plans to begin talks in August for a final pre-IPO funding round targeting a pre-money valuation of up to $50 billion. The company could pursue a Hong Kong listing within six...
Inc42 · · Unconfirmed
InMobi’s initial public offering (IPO) is back on track. The SoftBank-backed adtech unicorn has now reportedly appointed four merchant bankers to helm its upcoming $1 Bn (₹9,634 Cr) public issue. Sources told Bloomberg that the startup...
Tech-Economic Times ·
The SoftBank Group Corp.-backed firm is likely to seek a valuation of $5 billion to $6 billion in a share offering, Bloomberg News reported last year, which would place it in the mid-range of Indian publicly traded tech firms.
Fast Company Tech ·
It has been a busy year for Wall Street debuts. While a few IPOs have captured most of the headlines, 203 companies have begun trading on either the New York Stock Exchange or Nasdaq market so far in 2026. Many made splashy entrances,...
TNW ·
Kai-Fu Lee’s 01.ai is raising a pre-IPO round ahead of a planned Hong Kong listing in 2027, the former Google China chief told Bloomberg at the World AI Conference in Shanghai. The company is unwinding its offshore holding structure,...
PYMNTS.com ·
Sustainable apparel company Reformation aims to raise up to $239 million when it goes public. The company and its investors plan to market roughly 14 million shares at a range of $15 to $17 apiece, Reformation said in a Monday (July 20)...
SiliconANGLE ·
When most people think about the New York Stock Exchange, they think about listing day. The moment a private company becomes public. What they don’t see are the years leading up to that moment.
TNW ·
One of the quiet winners of the AI boom is about to test the public markets. Zhongji Innolight, a Chinese maker of high-speed optical transceivers, has started gauging demand for a Hong Kong listing worth as much as $8bn. The...
Tech-Economic Times ·
Chinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it seeks to challenge the dominance of Samsung Electronics, SK hynix and Micron Technology, The...
Electronics For You BUSINESS ·
China’s largest memory chipmaker secured robust interest from institutions for its $8.6 billion IPO, though demand cooled compared to some other recent large listings as investors pulled back in the face of a global selloff of chip...
Hacker News ·
Hacker News ·
Gizmodo ·
Elon Musk's trillionaire status keeps receding into the distance.
TechCrunch · · Unconfirmed
Apple filed a trade secrets lawsuit against OpenAI last Friday, and it’s not messing around. The complaint alleges a pattern of misconduct reaching all the way up to OpenAI’s chief hardware officer and claims more than 400 former Apple...
Inc42 Media ·
Travel tech giant MakeMyTrip has confidentially filed its draft red herring prospectus (DRHP) with the SEBI for the India IPO of its subsidiary. MakeMyTrip Ltd, which is listed on the NASDAQ, revealed in a regulatory filing with the SEC...
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