Given Wall Street's reaction to the Facebook and Twitter IPOs, it's fair to say investors are hungry for social media IPOs. Now, though, with no immediate U.S. IPO prospects, a Chinese company could end up being the biggest social media IPO of the year.
social media ipo
- This Chinese Company Could Be the Biggest Social Media IPO of 2014
- Why the King IPO Tastes Bad for Investors
- Spotify IPO: Factors to Consider Before Investing
Do you play Candy Crush Saga? Some 93 million people do - every day. And the money they pay for "powerups" has powered the profits of King Digital Entertainment. But with the gaming company now going public, we need to take a closer look at the numbers.
The rumors of a Spotify IPO were stoked yesterday (Monday) following a report that the music-streaming company is recruiting a U.S. financial reporting specialist.
The "External Reporting Specialist" job advertisement on Spotify's website states the company is looking for an employee who can "prepare the company for [U.S. Securities and Exchange Commission] SEC filing standards. Set up all reports necessary to be SEC compliant."