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IPO date set as Altia applies for Helsinki Stock Exchange listing
2018-03-12 14:29:00| Daily beverage news and comment - from just-drinks.com
Altia has set the ball rolling on its previously-announced initial public offering, filing a listing application with Nasdaq Helsinki.
Spotify files for IPO in New York
2018-03-01 09:50:00| Telecompaper Headlines
(Telecompaper) Music streaming service Spotify has filed for its direct listing IPO in New York. It is not expected to sell new shares, rather the offering will give existing shareholders a chance to sell their shares.
Baidu's VoD service iQiyi files for USD 1.5 bln IPO in US
2018-02-28 15:37:00| Telecompaper Headlines
(Telecompaper) iQiyi, the Chinese VoD service owned by Baidu, has filed for an initial public offering of shares in the US. The company claims over 50 million subscribers and said it wants to raise USD 1.5 billion to help expand its content offering.
Softbank preparing IPO with Nomura, looks to raise JPY 2 tln - report
2018-02-20 08:41:00| Telecompaper Headlines
(Telecompaper) SoftBank is preparing the initial public offering of its mobile phone unit with Nomura, Bloomberg reported, saying the company is looking to raise over JPY 2 trillion (USD 19 billion). While no official mandates have been assigned, Nomura is advising the company on matters such as its strategy for distributing the shares, corporate governance and documentation needed to list on the Tokyo Stock Exchange.
Tags: report
raise
preparing
ipo
Baidu's Q4 revenues jump 29%, profit up 1%; plans IPO for iQiyi
2018-02-14 07:58:00| Telecompaper Headlines
(Telecompaper) Chinese search provider Baidu reported total revenues of CNY 23.6 billion (approximately USD 3.62 billion) for the fourth quarter of 2017, a 29 percent increase year-on-year and just ahead of its guidance. Mobile revenue represented 76 percent of total revenues, compared to 65 percent for the fourth quarter of 2016. Net income amounted to CNY 4.2 billion, representing 1 percent growth year-on-year, and adjusted EBITDA increased 78 percent year-on-year to CNY 6.9 billion.
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