Renaissance Capital logo

YJ News

US IPO Weekly Recap: Beyond Meat goes above and beyond with 167% gain

BYND

The IPO market is cooking. Six IPOs raised $1 billion this past week, with five notching double-digit gains. Beyond Meat (BYND) popped 163% in the biggest first-day pop since 2015. The vegan burger maker has had explosive growth (205% in...read more

Yunji prices IPO at $11, the low end of the range

Yunji logo

Yunji, a Chinese e-commerce site that uses a social platform to promote its products, raised $121 million by offering 11 million shares at $11, the low end of the range of $11 to $13. Existing shareholders Crescent Point and Trustbridge had indicated an interest...read more

US IPO Week Ahead: Plant burgers go public in a 7-IPO week

BYND

This week kicks off a flood of IPOs expected to hit in May. A diverse group of seven companies is scheduled to raise $1.0 billion in the week ahead. Plant-based burger maker Beyond Meat (BYND) should get the most attention based on its...read more

Chinese social e-commerce platform Yunji sets terms for $162 million US IPO

Yunji logo

Yunji, a Chinese e-commerce site that uses a social platform to promote its products, announced terms for its US IPO on Monday. The Hangzhou, China-based company plans to raise $162 million by offering 13.5 million ADSs at a price range of $11 to $13....read more