Tag Archives: IPO

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Law Ministry issues notification of NAB Amendment Ordinance

12 December, 2019 6:44 pm 6:44 pm

ISLAMABAD (92 News) – The Ministry of Law has issued a notification on Saturday after the approval of National Accountability Bureau (NAB) Amendment Ordinance 2019. Earlier, the NAB Amendment Ordinance 2019 has been challenged at Karachi Registry of the Supreme Court. A citizen Mehmood Akhtar Naqvi has filed a petition at Karachi Registry of the … Read More

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Google demos car bookings by voice assistant at annual I/O event

05 May, 2019 11:33 pm 11:33 pm

MOUNTAIN VIEW, Calif. (Reuters) – Alphabet Inc’s Google business on Tuesday offered a preview of voice technology that lets users make rental car bookings with just a simple ask of the company’s virtual assistant tool. The capability, which Google demonstrated with National Car Rental’s website, builds on the company’s push over the last two years … Read More

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Uber unveils IPO with warning it may never make a profit

04 April, 2019 11:26 am 11:26 am

NEW YORK (Reuters) – Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its IPO filing. The document gave the first comprehensive financial picture of the decade-old company which was started after its founders struggled to get a cab … Read More

Snap reveals US subpoenas on IPO disclosures

11 November, 2018 5:30 pm 5:30 pm

NEW YORK (Reuters) – The US Justice Department and Securities and Exchange Commission have subpoenaed Snap Inc (SNAP.N) for information about its March 2017 initial public offering, the social media app maker told Reuters on Tuesday. Snap said in a statement it has responded to the government subpoenas and other requests for information. The previously … Read More

Lyft in talks to hire advisor for 2019 IPO: Bloomberg

08 August, 2018 11:17 am 11:17 am

(Reuters) – US ride services firm Lyft Inc is in talks with an advisor for a targeted March or April 2019 initial public offering, Bloomberg reported, citing people familiar with the matter. In September last year, Reuters reported that the second biggest US ride service company was close to hiring an IPO advisory firm in … Read More

China Tower wins approval for Hong Kong IPO of up to $10 billion: sources

06 June, 2018 10:02 am 10:02 am

HONG KONG (Reuters/IFR) – China Tower, the world’s largest mobile mast operator, has won approval in Hong Kong for an IPO that could raise up to $10 billion, according to people familiar with the situation. The news comes as investors and bankers were on Friday awaiting the pricing of Chinese smartphone maker Xiaomi’s (1810.HK) initial … Read More