The IPO frenzy continued this past week as 17 IPOs and 26 SPACs entered the public market. Headlining the week were dating app Bumble (BMBL), which completed the year's largest deal so far, and Chinese cloud services provider ...read more
Cloopen Group Holding (RAAS) finished its first day of trading on Tuesday at $48, a 200% gain for the Chinese provider of cloud-based communication services. The company raised $320 million at a market cap of $2.35 billion. By Tuesday's close,...read more
Cloopen Group Holding, which provides cloud-based communication services in China, raised $320 million by offering 20 million ADSs at $16, above the range of $13 to $15. In terms of 2019 revenue, Cloopen Group operates the largest multi-capability...read more
Updated Monday, 2/8. The IPO market is buzzing with 15 IPOs slated to raise $4.0 billion in the week ahead, led by dating app Bumble’s billion-dollar offering. Bumble (BMBL) plans to raise $1.7 billion at a $7.5...read more
US IPO Weekly Recap: IPO frenzy brings the year’s largest deal and biggest pop in a 17 IPO week
The IPO frenzy continued this past week as 17 IPOs and 26 SPACs entered the public market. Headlining the week were dating app Bumble (BMBL), which completed the year's largest deal so far, and Chinese cloud services provider ...read more
Chinese cloud communication provider Cloopen Group soars 200% in US IPO
Cloopen Group Holding (RAAS) finished its first day of trading on Tuesday at $48, a 200% gain for the Chinese provider of cloud-based communication services. The company raised $320 million at a market cap of $2.35 billion. By Tuesday's close,...read more
Chinese cloud communication provider Cloopen Group Holding prices US IPO above the range at $16
Cloopen Group Holding, which provides cloud-based communication services in China, raised $320 million by offering 20 million ADSs at $16, above the range of $13 to $15. In terms of 2019 revenue, Cloopen Group operates the largest multi-capability...read more
US IPO Week Ahead: Bumble’s billion-dollar deal leads a buzzy 15 IPO week
Updated Monday, 2/8. The IPO market is buzzing with 15 IPOs slated to raise $4.0 billion in the week ahead, led by dating app Bumble’s billion-dollar offering. Bumble (BMBL) plans to raise $1.7 billion at a $7.5...read more