beursgang

Online fashion platform About You is experiencing rapid growth and is currently preparing a stock market flotation.

One of the most anticipated IPOs of the year, meal delivery service Deliveroo, has turned into an embarassing failure. The stock plummeted in the first hours of trading. This was partly due to the dual share structure that founder Will Shu implemented to cement his control over the company. But more importantly, it reflects market concerns over the long term profitability of the company.

Oatly, which is causing a great furore with its oat milk, is preparing an IPO in New York. The producer of plant-based dairy alternatives would be worth up to 10 billion dollars there.

Wish, the online store best known for its cheap gadgets, is going to Wall Street this month. The company hopes to raise around 1.1 billion dollars (907 million euros) with the IPO.

Fast growing Russian food retailer VkusVill is opening a first store in the Netherlands. A French branch is planned as well, as part a worldwide expansion that may also include China and Belgium.

Jacobs Douwe Egberts is merging with Peet's Coffee, its American competitor that is also owned by the JAB Holding Company. The idea is to introduce the merger company to the stock exchange.

Canadian department store group Hudson's Bay is being delisted from the stock market: a group of shareholders is prepared to pay seven euros per share to take the group into its own hands.