Arab Press

بالشعب و للشعب
Thursday, Jul 24, 2025

This sector of the economy raised a record half trillion dollars in 2021

This sector of the economy raised a record half trillion dollars in 2021

Initial public offerings, or IPOs, in which a company’s shares are sold to investors on one or more stock exchanges, raised a record $594 billion in 2021 globally, according to data providers.
More than 2,000 IPOs, not including special purpose acquisition companies (SPACs), raised $402 billion in 2021 globally, data from Refinitiv shows. This represents growth of 81% in proceeds and a 51% increase in the total number of IPOs from the year before.

SPACs, or shell companies listed on a stock exchange that tend to launch IPOs when they have secured investors without going through the traditional IPO process, added another $192 billion to the gains, data provider Dealogic said.

The biggest firms behind this year’s IPOs came from the technology and healthcare sectors, with 426 technology IPOs and 332 healthcare-related companies going public. Combined, these represented nearly 42% of all IPO proceeds raised in 2021 by companies worldwide, according to Refinitiv.

Electric car maker Rivian Automotive was one of the year’s largest IPOs, raising over $12 billion in its market debut in November. It was the largest US IPO since Alibaba went public in 2014. Kuaishou, a Chinese online video company and biggest rival to video sharing platform ByteDance, raised $6.23 billion in its Hong Kong debut in February, becoming the largest IPO in the tech industry since Uber raised more than $8 billion in 2019. Korean e-commerce platform Coupang, also known as “the Amazon of South Korea,” raised $4.6 billion. Polish package locker provider InPost was Europe’s biggest IPO since 2018, raising $3.9 billion in January on Amsterdam’s stock exchange.

While many of this year’s offerings were a hit, others didn’t fare so well. Shares of Chinese ride-hailing app DiDi lost over 40% of their value since its $4.4 billion debut on the New York Stock Exchange in June. British food delivery app Deliveroo was also down 46% despite raising $2.1 billion upon its launch in March. Still, many analysts say that investors are likely to continue taking risks with IPOs in the months to come, driven by low interest rates and the re-opening of economies due to the global Covid-19 vaccination push.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Qatar Airways Clears Backlog of Passengers Following Missile Threats
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
×