China's contribution to Arm: A double-edged sword for reviving the U.S. IPO market
23.08.23|Omer Kabir, Reuters
Arm did not disclose the valuation it is aiming for in its Nasdaq IPO, but according to estimates it hopes to raise as much as $10 billion at a valuation of $60-70 billion - the largest IPO in the technology industry since Alibaba's IPO in 2014
