Friday, June 5, 2020

JD and Walmart-backed Dada Nexus, which operates on-demand delivery services in China, closed just below $16/share offer, after raising $320M in upsized US IPO (Bloomberg)

Bloomberg:
JD and Walmart-backed Dada Nexus, which operates on-demand delivery services in China, closed just below $16/share offer, after raising $320M in upsized US IPO  —  - Legend Biotech, Shift4, Dada Nexus all exceed earlier targets  — Listings come amid global IPO rush of more than $7.3 billion



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London-based Agon, which is developing sovereign AI training infrastructure for European defense, emerges from stealth with a $7M pre-seed and a $23M seed (Ingrid Lunden/Resilience Media)

Ingrid Lunden / Resilience Media : London-based Agon, which is developing sovereign AI training infrastructure for European defense, emer...