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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

Clear Secure, which provides a biometric identity verification platform, raised $409 million by offering 13.2 million shares at $31, above the range of $27 to $30. Clear Secure's secure identity platform uses biometrics such as eyes, face, and fingerprints to automate the identity verification process in CLEAR lanes at airports, in-person events, and healthcare facilities. 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

Clear Secure, which provides a biometric identity verification platform, announced terms for its IPO on Wednesday. The New York, NY-based company plans to raise $376 million by offering 13.2 million shares at a price range of $27 to $30. At the midpoint of the proposed range, Clear Secure would command a market value of $4.1 billion. Clear Secure's secure identity platform...read more