Berlin-based Delivery Hero, the Rocket Internet-backed European online food ordering giant, has contracted Citigroup, Goldman Sachs and Deutsche Bank to advise on a potential public listing later this year, Bloomberg reports. Though everyone involved is keeping mum on the record, Bloomberg says its sources indicate that Delivery Hero may pursue an IPO in the fourth […]
Deezer, that other European music streaming giant, was going to go public last year. Except it didn’t, because of ‘unfavourable market conditions’ and whatnot. But don’t count them out just yet, even if Apple Music and SoundCloud are ramping up and major rival Spotify raised a monster $526 million round last year: Deezer is today […]
Jaime Novoa shines a light on Mitula Group, a Madrid, Spain-based vertical search engine and classifieds aggregator that went public in Australia earlier this year.
European tech IPOs have always been few and far between, but lately there’s also been a trend of major players announcing, then postponing listings. What gives?
European tech IPOs have always been few and far between, and recent tidings on the front have been largely negative to boot. Showroomprivé went public last week but its share price dropped 10% as soon as trading commenced, and companies like music streaming giant Deezer, VC firm German Startups Group and Oberthur Technologies have straight […]
Music streaming giant Deezer just abandoned its IPO plans, but that didn’t stop another French tech company from going public today: La Plaine Saint-Denis-based online fashion retailer Showroomprive today sold shares for just south of 260 million euros in an IPO on Euronext Paris. Based on the offering price of 19.50 euros per share (PDF), […]
German digital classified ads company Scout24 started listing its shares on the Frankfurt stock market today. Priced earlier at 30 euros per share, the company had a successful debut on the exchange as shares quickly rose above the offering price. The IPO gives Scout24 a market value of around €3.2 billion ($3.6 billion). The total […]