With a sharp increase in valuations and profits due to the pandemic, the food delivery startup will debut as of one of the highest profile IPOs this year, expecting to sell 33 million shares.
The company has seen its value grow by a whopping 431% since its Initial Public Offering. As a result, CureVac was able to get up to $231 million in initial funding, which is expected to go towards research and development.
The American ride-hailing company will pay $1.4 billion in cash for the Dubai-based company and $1.7 billion in convertible notes, and Careem shareholders will have until Monday to agree with the terms.
Jack Ma,chairman and founder of the Alibaba company, appears to be less certain about creating jobs in the United States than his previous public appearances have stated.