News tagged with initial public offering

Foxconn unit to raise $4.2bn in China IPO

A unit of electronics manufacturing giant Foxconn said it will launch an initial public offering in China on Thursday aimed at raising $4.2 billion, in the biggest mainland debut for three years.

dateMay 23, 2018 in Business
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Baidu net profit jumps after video unit spin-off

China search engine giant Baidu on Friday reported net profit nearly tripled in the first quarter after spinning off its video unit as part of a corporate reorientation toward artificial intelligence (AI).

dateApr 27, 2018 in Business
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Dropbox raises price range ahead of stock debut

Cloud data service Dropbox defied recent volatility among technology shares and raised its expected stock price range ahead of this week's initial public offering, suggesting strong appetite among investors.

dateMar 21, 2018 in Business
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