Shares of Deliveroo Slump 30 Percent in London Stock Exchange IPO Debut

Shares of Deliveroo, a third party delivery service backed by Amazon, fell by 30% in the company’s initial public stock offering on London’s Stock Exchange amidst concerns over its business model. The company’s stock price fell to 275 pence ($3.79) …

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WeWork to Go Public through Merger with BowX Acquisition

WeWork has decided to go public through a merger with special-purpose acquisition company BowX Acquisition Corp in a deal that would value the office-sharing startup at $9 billion, including debt. According to people familiar with the matter, the New York-based …

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Newly IPOed TrustPilot Faces Federal Class Action Lawsuit for Deceptive Business Practices

Review aggregation service TrustPilot is facing a federal class action lawsuit for deceptive business practices shortly after it received a valuation of $1.49 billion following its initial public stock offering on Tuesday. The Danish company was created in 2007 and …

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