Motive files for IPO, signaling next phase of fleet-tech arms race
Fleet telematics provider Motive has filed paperwork to go public, a move that could intensify competition in the freight technology market.
Fleet telematics provider Motive has filed paperwork to go public, a move that could intensify competition in the freight technology market.
In this edition: The rise of logistics companies looking to go public and the evolution of Denim.
Logistics provider LeeWay Services Inc. filed for an initial public offering of up to $17 million with the Securities and Exchange Commission Monday.
Freightos, a backed by FedEx, is raising capital through a special purpose acquisition company and IPO.
Electric work truck startup Atlis Motor Vehicles has crowdfunded $32.6 million from nearly 29,000 investors as it readies a public offering.
Grocery delivery firm Instacart is hoping to cash in on its value with a public stock offering.
Less than a year after acquiring Blue Yonder, Panasonic announced plans for a supply chain business IPO focused on the SaaS business.
As Cummins focuses on electrification and growing its traditional engine business, the company is preparing an IPO for its filtration business.
GoPuff, the 30-minute food and grocery delivery business that bills itself as an “instant needs” company, plans to cut 3% of its workforce.
The supply chain “can have a huge impact on improving the state of the world,” says
project44 COO Vivek Kundra.
The instant delivery company could be valued as high as $40 billion after securing its latest series X funding raise.
The Internet of Things fleet management and software company sold 35 million shares and raised $805 million in its IPO Wednesday.
Rivian priced its IPO at $78 a share, turning early funding by Amazon, Ford and others into billions in returns on those investments.
When electric vehicle maker Rivian makes its public debut, perhaps as early as next week, it could be at a valuation that rivals Ford’s.
Amazon-backed EV maker Rivian makes big news with a public stock offer and beating its rivals to market with the first-ever electric pickup, the R1T.
Electric-vehicle maker Rivian is said to be looking for as much as $8 billion from its upcoming IPO, which would make it the fourth-largest U.S. IPO in the past 10 years.
The IPO is expected to take place after the U.S. Securities and Exchange Commission completes its review.
Electric vehicle maker Rivian has filed for an IPO that could value the company as much as $80 billion.
On Sunday, China banned new downloads of Didi’s ride-hailing app, and on Tuesday, the stock dropped more than 23% in response.
Chinese ride-hailing company Didi has filed for an IPO on the New York Stock Exchange, but some analysts are already questioning the long-term value of the stock.