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Summary List PlacementThe resale world is not just for humans anymore. Poshmark, a peer-to-peer resale platform, announced the launch of a pet category on Thursday. Poshmark marketplace users will now be able to purchase secondhand pet accessories and essentials like collars, leashes, toys, cages, clothing, shampoo, and water bowls and more for their dogs, cats, fish, and reptiles. All items listed and sold will...

Summary List PlacementOne of the most popular dating app companies, Bumble, is officially going public. Bumble filed a form S-1 for its IPO with the Securities and Exchange Commission on Friday morning. In order to begin that process, Bumble had to publicly disclose a trove of information that was previously unknown. For starters: Millions of people are paying for the app, and tens of...

Summary List PlacementLike many Americans, fertility benefits provider Progyny is dusting off its 2020 goals, many of which were sidelined at the onset of the coronavirus pandemic, heading into the new year. The company, which went public in September 2019, saw an 85% decrease in its business in the early months of the pandemic, CEO David Schlanger told Business Insider. Across the country, fertility...

Summary List Placement2020 was a record year for initial public offerings in the US, with 442 logged as of December 14. Yet only five of those were companies founded and led by women, according to research by Business Insider and information provided by Nasdaq.  Historically, only 20 women have ever founded and led a company through to an IPO. Some companies have gone public...

Summary List PlacementAmazon-backed food delivery startup Deliveroo posted higher revenue and a healthy gross margin for its full-year 2019, but it also saw its losses rise in a set of results that did not include the effects of the pandemic.  Headquartered in the UK and competing with the likes of Uber Eats in Europe and parts of Asia, Deliveroo offers on-demand food, alcohol, and...

Summary List Placement Wish parent company ContextLogic priced its shares at $24 each on Tuesday ahead of its IPO, Bloomberg first reported. That's at the top end of Wish's previously expected IPO pricing range of $22 to $24 per share. The offering is expected to raise $1.1 billion in funds for Wish, giving the e-commerce platform a valuation of $17 billion on a fully...

Summary List Placement Silicon Valley is about to see an influx of new cash, with a number of high-profile initial public offerings set for this year. Not everyone's equipped to manage all that new money, though.  From forgetting to plan out their own finances before an IPO to handling their own complicated taxes, private bankers explain the six biggest mistakes new-money techies make. These...

Summary List PlacementDoorDash refiled its initial public offering paperwork Friday, updating a key chart that was flubbed in prior versions of its S-1.  The good news: The changes in the registration document confirm impressive customer loyalty, and the company is targeting an even higher price range for its shares that could put its valuation north of $35 billion.  Some experts had been puzzled by...

Summary List Placement Airbnb is under examination by the Internal Revenue Service for 2013 and 2016, which could result in an added tax liability of $1.35 billion, plus penalties and interest, the company cautioned in the IPO paperwork it revealed on Monday. According to the company, that amount is more than $1 billion more than the company has set aside for tax liabilities. The filing...

Summary List Placement Ant Group's historic $35 billion IPO is garnering unprecedented interest from retail investors in Shanghai and Hong Kong. Jack Ma's financial services company took in more than $3 trillion in orders from individual investors across its dual listings in Hong Kong and Shanghai. Roughly 19.1 trillion yuan (2.9 trillion) worth of bids was raised in the Shanghai portion, according to regulatory...

Summary List Placement On February 6, cybersecurity firm Forescout ended months of speculation when it finally confirmed plans to go private in a massive $1.9 billion acquisition.  As word of the deal broke, the firm — which specializes in keeping internet-of-things devices secure — posted another disappointing set of quarterly results, which fell short of analyst expectations and saw net losses climb to $20...

Summary List Placement Billionaire Richard Branson is looking to raise $400 million in a special purpose acquisition company, a US filing showed Wednesday.  VG Acquisition Corp, the name of the new company intends to sell 40 million units at a price of $10 per unit.  The company said it plans to search for targets that operate in consumer-facing industries in US and Western Europe.  Visit...

Video game creation software maker Unity on Monday publicly filed its paperwork for an initial public offering. The company didn't say how many shares it plans to sell or at what price, but said it plans to raise as much as $100 million. Unity was founded 16 years ago in Denmark; despite its long history, it's still losing significant amounts of money — $54...

On Thursday, primary care startup Oak Street Health went public on the New York Stock Exchange under the ticker "OSH." The company priced its shares at $21 before open, above the originally set range. Shares started trading at $42.50, more than double the set price, and closed up 90% at $40. Oak Street Health cofounder and CEO Mike Pykosz told Business Insider that the...

The primary care startup Oak Street Health started trading on Thursday after pricing its shares at $21 apiece. Shares closed up 90% at $40 each. The company will raise a little over $328 million after offering 15.6 million shares. The founders of the company and its backers including General Atlantic hold stakes worth hundreds of millions after the initial public offering. Visit Business Insider's...

Airbnb CEO Brian Chesky told employees that the company is resuming preparations for an IPO, The New York Times first reported Wednesday and Business Insider confirmed. The company has said that it intends to go public sometime this year, but Bloomberg reported that the timeline could be pushed to 2021 as a result of the coronavirus pandemic. Airbnb, which was reportedly losing money even...

Lemonade, which filed to go public earlier in June, announced on Thursday a price range of $23 to $26 for its public offering. The updated regulatory filing could mean a significant valuation hit for the insurtech firm.  Japan's SoftBank holds a significant stake in the money-losing company, and is hoping to rebound from stumbles by Uber and other portfolio companies.  Visit Business Insider's homepage...

Initial public offerings froze in March as the stock market tanked. But just as equities quickly turned higher, so has IPO activity. A smattering of IPOs from small, profitable firms "helped build confidence" and revive demand for new offerings, David Ethridge, US IPO services leader at PwC, told Business Insider. The looming 2020 presidential election also creates a time crunch for firms looking to...