# IPO
Latest news and articles about IPO
Total: 22 articles found
The Quiet Power Behind SpaceX: Gwynne Shotwell, the ‘Adult in the Room’ Reassuring Markets Ahead of a Giant IPO
Gwynne Shotwell, SpaceX’s president and COO, has long been the operational anchor behind Elon Musk’s ambitions, credited with rescuing the company during its 2008 crisis and sustaining key customer relationships. As SpaceX prepares for a high‑profile IPO, her steadiness reassures investors, even as public markets will demand clearer governance and succession structures than a founder‑centric private company has relied on to date.
China’s Magic Atom Leaps from Lab to Limelight — But Commercial Robot Reality Remains Costly and Long-Dated
Magic Atom, a young Chinese humanoid‑robot start‑up, was named an official robotics partner for China’s 2026 Spring Festival Gala, a high‑visibility sign that humanoid robotics are moving toward commercialisation. Its co‑founder warned that embodied intelligence remains a long‑cycle, capital‑intensive field: hardware costs, scarce effective real‑world data, and the difficulty of passing training costs to customers are the industry’s core challenges.
Alibaba Readies Spin‑off of 'Pingtouge' AI‑Chip Unit as Investors Flock to a New China AI‑IPOs Wave
Alibaba is preparing to spin off its Pingtouge AI‑chip unit and explore an IPO after years of quiet development, a move that lifted Alibaba’s share price sharply. The reorganisation—creating a partly employee‑owned entity—would strengthen Alibaba’s AI stack and feed investor appetite for China’s domestic alternatives to Western accelerators, though production scale, valuations and regulatory risks remain key uncertainties.
Alibaba to Float T‑Head Chip Unit as AI Hardware Ambitions Boost Shares
Alibaba plans to take its AI‑chip unit T‑Head public, a move that boosted the parent company’s U.S. pre‑market shares. The listing aims to fund and legitimise Alibaba’s push into in‑house AI accelerators, but faces manufacturing, software and competitive hurdles amid broader geopolitics over semiconductors.
China’s Yushu Says It Shipped Over 5,500 Humanoids in 2025—A Faster Commercial Roll‑out Than Analysts Expected
Yushu Technology announced it shipped over 5,500 humanoid robots in 2025 and produced more than 6,500 humanoid bodies, figures that exceed Omdia’s forecast by about 31%. The company is scaling manufacturing, expanding retail channels with JD.com, and preparing for a domestic IPO after reporting profitable 2024 revenue above RMB 1 billion.
Crisis Lifeline: Xibei Secures A‑Round Backing from Restaurant Veteran Zhang Yong and Ex‑Alibaba Partner Hu Xiaoming as It Seeks a Comeback
Xibei has completed an A‑round capital increase led by investors including Xinrongji founder Zhang Yong and former Alibaba partner Hu Xiaoming, after a reputation crisis and the closure of roughly 100 stores. The funding is intended to stabilise cash flow, bolster supply‑chain capability and potentially preserve a path to a future IPO, but substantial governance and brand repair work remains.
China’s Restaurant Industry Is Souring: Xibei’s Store Closures Expose Wider Structural Pain
Xibei’s closure of 102 stores has become a high‑profile symbol of wider distress in China’s restaurant sector. Structural pressures—rising food and labour costs, falling per‑capita dining spend and tougher social‑insurance rules—are squeezing margins, prompting widespread closures, weak IPOs and a wave of industry consolidation.
OpenAI’s Big Bet: $20bn Annual Revenue but a Trillion‑Dollar Gamble on Compute and Growth
OpenAI told investors and users that its 2025 annual recurring revenue exceeded $20 billion, driven by nearly tenfold compute growth since 2023 and soaring user engagement. The company is pursuing an aggressive strategy of large upfront compute investments to accelerate research and monetisation, while remaining unprofitable and negotiating huge financing and infrastructure deals.
A Founder’s Fight with Public Perception: Why Xi Bei’s 102 Store Closures Are More Than an Influencer Feud
Xi Bei will close 102 stores and lay off about 4,000 workers as it faces over RMB 600 million in projected losses, a crisis compounded by a public feud between founder Jia Guolong and influencer Luo Yonghao. The dispute highlights how consumer perceptions, amplified online, can inflict severe damage on dining chains already facing a broad consumption downturn and dimming IPO prospects.
How a Public Feud and Hardline Founder Pushed Xibei From IPO Hope to Cash Burn
Xibei’s founder‑led confrontation with online critics and a string of emotionally driven operational moves have coincided with steep closures, large losses and damaged investor confidence. The company’s heavy couponing, labour cost increases and disrupted supply chain have burned cash without restoring customer trust, leaving its IPO ambitions in jeopardy.