Swetha Gopinath

Business, Technology, Equipment

Volvo’s IPO Marks One of Europe’s Biggest in 2021

Volvo XC40 Recharge The Volvo XC40 Recharge electric SUV is displayed during an event in Los Angeles in October 2019. (Patrick T. Fallon/Bloomberg News)

Volvo Car AB gained in its trading debut in Stockholm after raising 20 billion kronor ($2.3 billion) in an initial public offering, as investors bought into the company’s successful turnaround and promise of an electric future.

Swetha Gopinath | Bloomberg News
October 29, 2021
Business, Logistics

Amazon to Sell Deliveroo Stake of Up to $148 Million in IPO

A Deliveroo food carrier cycles along Oxford Street in central London A Deliveroo food courier cycles along Oxford Street in central London. (Bloomberg News)

Amazon .com Inc. could raise as much as $148 million (107 million pounds) by selling some of its stake in Deliveroo Holdings in the food-delivery startup’s London initial public offering.

Swetha Gopinath | Bloomberg News
March 23, 2021