Reddit receives FTC inquiry on AI-related deals ahead of IPO
By Ananya Mariam Rajesh (Reuters) - Reddit said on Friday the U.S. Federal Trade Commission is conducting an inquiry focused on the company's sale, licensing and sharing of user-generated content with third parties to train artificial intelligence models. "Given the novel nature
Reddit seeks up to $6.5 billion valuation in IPO, source says
By Echo Wang (Reuters) - Media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial public offering, two people with the matter told Reuters on Friday, far less than what it was worth a few years
Reddit seeks to launch IPO in March
By Echo Wang and Anirban Sen (Reuters) - Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according
Japan chip tool firm Kokusai Electric launches $750 million IPO
By Sam Nussey and Makiko Yamazaki TOKYO (Reuters) - Chipmaking equipment maker Kokusai Electric said on Thursday it plans to list on the Tokyo Stock Exchange on Oct. 25, setting the stage for what could be Japan's largest initial public offering
South Korea’s Doosan Robotics prices IPO at top of range
By Joyce Lee SEOUL (Reuters) - South Korea's Doosan Robotics is set to raise 421.2 billion won ($317 million) in an initial public offering (IPO) after pricing the deal at the top of its marketed range. The company is a leading maker
SoftBank’s Arm set to debut on Nasdaq after blockbuster IPO
By Niket Nishant and Manya Saini (Reuters) - SoftBank's chip designer Arm Holdings is set to debut on the Nasdaq on Thursday, in what is expected to be the biggest test for the U.S. IPO market after a drought that lasted
Alibaba logistics arm eyes up to $2 billion Hong Kong IPO
Cainiao's logo, Alibaba's logistics unit, is seen at the warehouse in Wuxi, Jiangsu province, China October 26, 2020. Picture taken October 26, 2020. REUTERS/Aly Song/File Photo By Scott Murdoch and Julie Zhu SYDNEY/HONG KONG (Reuters) - Alibaba's logistics arm aims to raise