IPO
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Software
‘Pretty astounding’: Canva puts the foot down as it eyes Wall Street
The Australian design software maker has ticked over $2.5 billion in annual revenue and says it has added 1000 new employees in the last year alone as it looks to shore up support from Wall Street.
- by David Swan
Latest
Join the club: The ASX hopes IPOs will heat up from next year
Marley Spoon is departing the ASX on Monday, the latest of many to depart the local bourse – but this trend looks to be turning around in 2025.
- by Jessica Yun
Opinion
Opinion
Should you join the Guzman y Gomez fiesta?
Investors should be wary of piling into initial public offerings (IPOs) because for every Nvidia, Google, Apple or Microsoft that turns out to be a big winner, there are thousands of losers.
- by William Bennett
Opinion
Aviation
The Virgin dilemma: How to catch the IPO Mexican wave
Qatar Airways is eager to become a cornerstone shareholder in Virgin, but this brings another complicated twist.
- by Elizabeth Knight
Guzman y Gomez’s sizzling $3b debut raises hopes for IPO market revival
Mexican fast-food chain Guzman y Gomez has clinched its place as the hottest float in years, soaring to a valuation of more than $3 billion on Thursday.
- by Jessica Yun and Colin Kruger
Updated
World markets
ASX flat as Guzman y Gomez shares make stellar debut
The Australian sharemarket was slightly lower on Thursday, with shares in consumer staples and healthcare companies showing weakness while financials extended recent gains.
- by Millie Muroi
Opinion
For subscribers
Can a burrito chain give the market a much-needed spice hit?
There is plenty riding on Mexican food chain Guzman y Gomez’s debut on the ASX, so set your alarm for noon on Thursday for our own Mexican wave.
- by Elizabeth Knight
Updated
Food & drink
The $2.2b takeaway deal: Guzman y Gomez fast-tracks ASX landing
The burrito chain, which has been eyeing an IPO for years, has had to pull forward its plans on the back of investor demand.
- by Jessica Yun
Opinion
Retail
Spin off and conquer: Solly Lew’s global plan for Smiggle and Peter Alexander
The retail billionaire’s end game appears to go beyond just growing these Australian businesses internationally. Rather, it is a plan to establish each as global brands.
- by Elizabeth Knight
Reddit delivers $936 million windfall for 38-year-old AI king
OpenAI CEO Sam Altman was one of many winners as Reddit soared on its Wall Street debut.
- by Michael Lietdke and Wyatte Grantham-Phillips
The reclusive family set for a $2.1 billion Reddit windfall
The publicity-shy family behind the Condé Nast media empire paid just $US10 million for the company 18 years ago. Now they are set to reap billions.
- by James Titcomb
Original URL: https://www.theage.com.au/topic/initial-public-offering-1mx1