Call centre software company Aircall in no rush for IPO as revenues rise

South Africa News News

Call centre software company Aircall in no rush for IPO as revenues rise
South Africa Latest News,South Africa Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 66%

PARIS : Aircall, a call centre software company that has been valued at around $1 billion, said on Thursday it was in no rush for a stock market flotation, as it unveiled a new product to help smaller-sized businesses and added that its revenue had risen.Aircall CEO and co-founder Olivier Pailhes said ann

PARIS : Aircall, a call centre software company that has been valued at around $1 billion, said on Thursday it was in no rush for a stock market flotation, as it unveiled a new product to help smaller-sized businesses and added that its revenue had risen.

Aircall CEO and co-founder Olivier Pailhes said annual recurring revenue had increased to $130 million from $100 million a year ago, as it launched enhanced artificial intelligence tools to help small- and medium-sized companies generate phone call summaries.Pailhes said that while an initial public offering remained an option, it was something the company could examine once it reached annual recurring revenue of $200 million, which Aircall hopes to achieve in the next 18 months.

"Internally, we talk a bit less about it. Within two years, we'll talk about it again, but we don't need to rush," said Pailhes, speaking via Zoom from Spain, regarding any stock market flotation plans. Aircall, launched in Paris in 2014, is viewed as a success story from France's technology sector, although the company is now headquartered in New York.

"We have French origins but we want to think globally," Pailhes said."To be a global leader, you have to be big in the United States."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russian tech firm Astra to open IPO books on Oct. 5Russian tech firm Astra to open IPO books on Oct. 5MOSCOW : Russian technology company Astra plans to open the books for an initial public offering (IPO) on the Moscow Exchange on Thursday, two financial market sources told Reuters, with trading due to start on Oct. 13. Astra's listing, which is expected to result in a free float of about 5 per cent, coul
Read more »

Blackpink's Lisa shares sexy Crazy Horse Paris performance photos, sends fans into frenzyBlackpink's Lisa shares sexy Crazy Horse Paris performance photos, sends fans into frenzyThe wait is over — official photos of Lisa's performance at Crazy Horse Paris are out! The Blackpink star performed five shows at the cabaret from Sept 28 to 30, and only fans who were lucky enough to attend got to see her stunning outfits due to strict security measures preventing photos from being taken. One photo allegedly of Lisa...
Read more »

Singaporean designer makes her mark on international stage at Paris Fashion WeekSingaporean designer makes her mark on international stage at Paris Fashion WeekThe outfits featured on the runway were an extension of Ms Kavita Thulasidas’ collection that won her the Singapore Stories Award conferred by the Singapore Fashion Council and the Asian Civilisations Museum (ACM) last year.
Read more »

Chanel shows mismatched hems and flip-flops at Paris Fashion WeekChanel shows mismatched hems and flip-flops at Paris Fashion WeekPARIS — Chanel designer Virginie Viard unveiled a breezy, warm-weather collection in Paris on a drizzly Tuesday (Oct 3), showcasing a colourful lineup of asymmetric styles, paraded by models in flip-flops and thick-framed glasses. The audience, including actress Penelope Cruz, singer Usher and Blackpink singer Jennie Kim, sat in box-like rooms with large windows looking out on life-size photographs of...
Read more »

Doctors, advocacy groups call on women to make regular breast cancer screenings a priorityDoctors, advocacy groups call on women to make regular breast cancer screenings a priorityBreast cancer is the most common cancer among women in Singapore – one in 13 women will be affected by the disease in their lifetime.
Read more »



Render Time: 2025-02-28 15:05:45