By Zeyi Yang, Yuanxin Technology doesn’t hide its ambition. In the first line of its prospectus, the company says its mission is to be the “first choice for patients’ healthcare and medication needs in China.” But the road to winning the crowded China health tech race is a long one for this Tencent- and Sequoia-backed startup,[…]
By Max A. Cherney, Initial public offerings from semiconductor companies are so rare that when networking chip designer Credo Technology filed its prospectus with the Securities and Exchange Commission, it’s worth taking note. The San Jose-based chip company elected to file its S-1 the first business day of 2022, Jan. 3. It has yet to announce a[…]
By Zeyi Yang, As 2022 begins, the biggest question for China IPO watchers is: Will there still be any significant IPOs this year worth anticipating? For them, 2021 was divided into two halves: The first six months were filled with ambitious Chinese companies listing overseas, culminating in ride-hailing giant DiDi’s IPO on June 30, but it[…]
By Lizzy Lawrence, WeWork’s merger with a Silicon Valley SPAC went through on Tuesday, closing the loop on a chaotic two-year journey to become a publicly-traded company. Investors in BowX, the special acquisition company helping WeWork go public, voted to officially merge with WeWork on Tuesday. The company’s shares will start trading Thursday, according to[…]