News tagged with initial public offering

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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Dropbox IPO aiming to raise $748 mn

Cloud data service Dropbox aims to raise as much as $748 million through its initial public offering and a private sale of stock, according to an updated securities registration filed Monday.

dateMar 12, 2018 in Business
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