Instacart Files for IPO, Shows Growing Profitability
Instacart said it increased its profit during the first half of the year in documents filed ahead of the company’s long-planned initial public offering. Source link
Corporate Changes
Stock Index Orphans Miss Out on Billions of Dollars From Passive Investors
VinFast, the Vietnamese electric-vehicle maker, and Arm, a British chip designer, are caught in a weird limbo thanks to their decisions on where to list their shares. Source link
Tencent-Backed VNG Targets About $150 Million in U.S. IPO
EXCLUSIVE: Vietnamese internet company VNG aims to raise roughly $150 million in a U.S. initial public offering that could take place as soon as next month, according to people familiar with the matter. Source link
SoftBank Chip Unit Arm Files for IPO Likely to Be 2023's Biggest
Arm raised lofty expectations for its business overall but faces near-term market challenges. Source link