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US IPO Weekly Recap: DiDi leads a 19 IPO week, the busiest since 2004

DIDI

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

Online manufacturing marketplace Xometry prices IPO above the range at $44

XMTR

Xometry, which operates an online marketplace for on-demand manufacturing, raised $303 million by offering 6.9 million shares at $44, above the range of $38 to $42. Insider T. Rowe Price and new investor Capital World Investors had indicated an interest in purchasing an aggregate of up to $70 million worth of shares in the offering (23% of the deal). At pricing, the company...read more

US IPO Week Ahead: DiDi makes its billion-dollar debut in a 17 IPO week

DIDI

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

Online manufacturing marketplace Xometry sets terms for $275 million IPO

XMTR

Xometry, which operates an online marketplace for on-demand manufacturing, announced terms for its IPO on Monday. The Derwood, MD-based company plans to raise $275 million by offering 6.9 million shares at a price range of $38 to $42. Insider T. Rowe Price and new investor Capital World Investors have indicated an interest in purchasing an aggregate of up to $70 million (25%)...read more