CURV News

In the US IPO market’s busiest week since 2004, 19 IPOs raised nearly $10 billion, led by Chinese ride-hailing giant DiDi Global (DIDI). The second largest IPO of the year, DiDi (DIDI) upsized and priced at the high end to raise $4.4 billion at a $70.4 billion market cap. DiDi is China’s dominant ride-hailing app, with 15...read more

Torrid Holdings, a plus-size women's fashion retailer spun out of Hot Topic, raised $231 million by offering 11 million shares (100% secondary) at $21, the high end of the range of $18 to $21. The selling shareholders sold 1 million more shares than anticipated, after increasing the offering from 8 million shares on Wednesday. Torrid is the largest direct-to-consumer brand of...read more

Torrid Holdings, a plus-size women's fashion retailer spun out of Hot Topic, raised the proposed deal size for its upcoming IPO on Wednesday. The City of Industry, CA-based company now plans to raise $195 million by offering 10 million shares (100% insider) at a price range of $18 to $21. The company had previously filed to offer 8 million shares at the same range. At the...read more

17 IPOs are slated to raise $9.1 billion in the week ahead, led by long-awaited Chinese ride-hailing giant DiDi Global (DIDI). DiDi (DIDI) plans to raise $3.9 billion at a $67.5 billion market cap. DiDi is China’s dominant ride-hailing app, with 15 million drivers across 4,000 cities and towns. The unprofitable company saw revenue...read more