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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
CarTrade’s public listing opens the door for sane tech companies with proven business models to enter public markets.
Last week CarTrade, the used automobile sales company, filed its draft prospectus for an initial public offering. This is a big moment for India’s internet business ecosystem. Investors and analysts alike will now have a ringside view of how retail and institutional investors warm up to two very different tech startups. There’s CarTrade, an internet-dependent company with a sound and stable business model. And then there’s the unicorn Zomato, a loss-making consumer tech enterprise whose business model has shaky legs.
We’ve written on the Zomato IPO before, so if you haven’t already read that, you must. Before we get …
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.
The stock market regulator is investigating a string of disappointing public listings. The idea is to send a message.
