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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Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

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