SoftBank's Arm to join ranks with Alibaba, Meta as one of tech's biggest IPOs
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Giant Leap
SoftBank Group Corp.’s Arm Holdings took a step towards what’s set to become the biggest initial public offering of the year — a bet that may help the once-obscure designer of phone chips flourish in the era of artificial intelligence computing.
It could rank near or even just below the tech industry’s largest-ever IPOs: Alibaba Group Holding Ltd.’s $25 billion 2014 offering and 2012’s $16 billion debut by Meta Platforms Inc., then known as Facebook Inc. (Source: Bloomberg)
It could rank near or even just below the tech industry’s largest-ever IPOs: Alibaba Group Holding Ltd.’s $25 billion 2014 offering and 2012’s $16 billion debut by Meta Platforms Inc., then known as Facebook Inc. (Source: Bloomberg)
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Alibaba
Amount Raised: $25 billion
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Meta
Amount Raised: $16 billion
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4/10
Softabank's Arm
Amount To Be Raised: $10 billion
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