The business-intelligence platform was valued at more than $14bn
ZoomInfo's headquarters in Waltham, Massachusetts, the US, June 3 2020. Picture: SCOTT EISEN/BLOOMBERGZoomInfo Technologies, a business-intelligence platform, soared in its US trading debut on Thursday after raising $935m in an initial public offering priced above a targeted range.
It is first technology listing in the US since Chinese cloud service provider Kingsoft Cloud Holdings’s IPO in April. Several companies that were planning to go public in 2020, such as Airbnb and Procore Technologies, have turned to private funding instead in the face of economic uncertainties.
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.
Global oil demand is up as the world starts moving againChina, which is leading the recovery, is back to more than 90% of its pre-coronavirus levels, with petrol and diesel use expected to accelerate
Read more »
Muzi Yeni looking for a better year after frustrating 2019Popular jockey copped a 90-day suspension, was admitted to hospital after a fall and lost out in the title race
Read more »
Confirmed Covid-19 cases soar to 37,525'We note the same pattern that drove up the outbreak in Western Cape is building up in the Eastern Cape,' Health Minister Zweli Mkhize said.
Read more »
OPINIONISTA: Covid-19 and South Africa: The end of the beginning or the beginning of the end?Court challenges, soaring coronavirus infection rates, political squabbling and government indecision are creating a perfect storm which threatens to batter South Africa even further.
Read more »
Cape Town deaths soar for second week as Covid-19 bitesThe weekly number of deaths from natural causes in Cape Town was above the upper prediction bound of 640
Read more »
Zoom earnings soar as video meets become pandemic normZoom reported that its earnings soared as its video-meeting service became a popular way to work or socialise while hunkered down due to the coronavirus.
Read more »