Tag: Corporate Funding

Didi to go public Wednesday at $14 a share

Ride-hailing company Didi Global Inc. priced its initial public offering at $14 a share, according to media reports Tuesday night. China-based Didi DIDI, had said in its IPO filing that it expected to price its shares at $13 to $14. At $14 a share, the company’s valuation would exceed $67 billion, and on a fully […]

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Duolingo, the fast-growing language-learning app, files for IPO

Touting strong revenue growth and momentum, language-learning app maker Duolingo Inc. on Monday filed for an initial public offering. The Pittsburgh-based company, which says it has more than 500 million downloads and offers courses in 40 languages to about 40 million monthly active users, relies on an ad-based, “freemium” business model in which most of […]

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Progress Software stock slips as quarterly outlook weighs on earnings beat

Progress Software Corp. shares were hobbled in the extended session Thursday after the business software company provided a disappointing quarterly outlook while otherwise topping expectations. Progress PRGS, +1.16% shares slipped 1% after hours, following a 1.2% rise in the regular session to close at $46.06. For the third fiscal quarter, the company expects earnings of […]

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