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Tech Is Upbeat About More Companies Going Public This Year

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a day ago

Summary

tech is upbeat about more companies going public this year as shein, general atlantic, and oyo prepare for ipos. shein was valued at $45 billion in 2024. general atlantic confidentially filed to go public in 2023 but has not provided any updates since then. oyo backed by softbank, confidentially filed for an ipo in india in march 2023 and is reportedly planning to file again this year.

Key Points

Shein was valued at $45 billion in 2024 after meeting resistance from lawmakers.
General Atlantic confidentially filed to go public in 2023 but has not provided any updates since then.
Oyo, backed by SoftBank, confidentially filed for an IPO in India in March 2023 and is reportedly planning to file again this year.

Why It Matters

this article matters as it highlights the current state of ipo plans in tech and the impact on market trends.

Author

Charles Rollet

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