Kenya clears path for Dangote refinery IPO investment
Economic integration across Africa has long been undermined by the continent’s disconnected financial markets.
138 stories
Economic integration across Africa has long been undermined by the continent’s disconnected financial markets.
Yangtze Memory Technologies Corporation (YMTC), China’s leading flash-memory maker, is set to grow revenue six times faster than its industry peers this year as it expands into server-related business ahead of a planned initial public offering (IPO), according to Counterpoint Research.
Hong Kong’s Securities and Futures Commission ordered trading in Chinese tea chain ChaPanda’s shares suspended from 9 a.m. on October 13, citing serious concerns that its initial public offering may have been artificially manipulated.
We look at how differently public markets and private investors value AI startups, plus Anthropic’s new office in Singapore.
Ahead of Anthropic’s pre-IPO investor day, Momei Qu of PSP Growth says public-market investors may disagree over whether fast-growing AI companies deserve lower margins and heavy capital spending—or must prove stronger returns and profitability.
The Wednesday meeting would help investors assess growth and profitability—and give executives and bankers a test of appetite for the prospective offering.
Home services company Urban Company is considering a fresh fundraise a little over a year after its stock market debut…
Amansa Investments, SBI Mutual Fund and HDFC Life Insurance Company, among others, have invested over Rs 413 crore in defence electronics maker Tonbo Imaging India Ltd through secondary share transactions, valuing the company at around Rs 4,000 crore.
Under this year’s rallying cry, ‘The New Tech Order,’ YourStory’s 17th edition is bringing together 10,000+ visionaries, 500 speakers, 1,000 startups, and 300 investors. We aren't just discussing the future of AI, deep tech, and digital infrastructure—we're asking: who gets to build it, and how fast
Willy Lee, Principal at Neostellar, says attention on Anthropic’s potential IPO risks obscuring broader AI investment and adoption. He cited nearly $200 billion in U.S. venture capital deployed in the first half of the year—more than 74% of the prior year’s estimated total.
The Hamburg-based startup secured fresh funding at a $1.35bn valuation, with plans to invest heavily in its AI-powered energy management software.
Aliko Dangote plans to extend the deadline for applications for the initial public offering in his Nigerian refinery by two weeks as Africa’s richest man seeks to provide investors in more countries access to the continent’s biggest listing to date.
The fintech firm has seen its lending business overtake payments as its revenue more than doubled in the first half of the year.
The collapse of Firmus Grid Ltd.’s initial public offering is reverberating through Asia’s booming market for share sales, making investors far pickier about artificial intelligence infrastructure deals that hinge on future earnings.
The Rs 852 crore all-offer-for-sale IPO comes as falling exports, weaker profits and negative operating cash flow temper growth prospects backed by a sizeable order book.
Zetwerk has expanded the size of its IPO and is seeking a valuation of Rs 25,583 crore.
Known for its Kimi models, Moonshot has been in arbitration with Recurrent.ai since 2024.
CNBC reports: As Anthropic barrels toward a potential $2 trillion market cap on the Nasdaq, one research firm is valuing the artificial intelligence company at a mere $150 billion and says Wall Street is about to face an "unprecedented test of investor gullibility." In a report on Tuesday,…
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