Private equity firm KKR plans to list Japan-based Kokusai Electric on the Tokyo Stock Exchange, aiming for a $3.7 billion valuation. China's Midea Group seeks to raise $1 billion through a Hong Kong IPO to fund R&D in automation and smart appliances. Telekom Austria intends to list its tower business EuroTeleSites on the Vienna Stock Exchange. Meanwhile, Chinese AI startup Beijing Fourth Paradigm is set for a Hong Kong IPO despite being added to the U.S. "Entity List."

Marketing firm Klaviyo raised $576 million in its NYSE IPO, valuing it at $9 billion. CVC Capital Partners, valued at $15 billion, plans a European IPO, likely in Amsterdam. Saudi drilling services provider Ades aims to raise $1.22 billion in its IPO on the Saudi Exchange, backed by Saudi Arabia's Public Investment Fund, valuing the company at approximately $4 billion. Hyundai Global Service, supported by KKR, targets a 2024 Seoul IPO, seeking a valuation between $3 billion to $4 billion.

U.S. grocery delivery firm, Instacart, debuts on NASDAQ, emphasizing its shift towards an advertising business model under CEO Fidji Simo. Carrier Global, an HVAC company, considers listing its fire unit, while Doosan Robotics celebrates South Korea's leading IPO for 2023, indicating the country's increasing focus on robotics. Meanwhile, Germany's Schott Pharma experiences high demand for its IPO, showcasing the growth potential in the medical glass sector.

U.S. grocery platform Instacart aims to raise $660 million with a focus on advertising and technology. Marketing firm Klaviyo Inc. has revised its IPO target to $557 million. Omani energy giant OQ SAOC seeks $771 million in the country's largest-ever IPO. German glassmaker Schott AG targets an IPO for its pharma subsidiary, while Spanish airline Volotea contemplates a Madrid stock market listing.

San Diego's RayzeBio and Massachusetts' Neumora Therapeutics launch U.S. IPOs for cancer and brain disease treatments, respectively. Instacart ups its IPO price range, focusing on grocery tech. SoftBank's conservative pricing strategy sees Arm's IPO succeed, with tech giants investing. Japan's J-League financially backs football clubs pursuing IPOs. Barito Renewables plans a $228m IPO in Indonesia. Novartis gets approval for the spinoff of its generics unit, Sandoz, aiming for a market debut in October.

Arm's monumental $4.87 billion IPO, backed by SoftBank, becomes the year's largest, overshadowing Rivian's 2021 listing. German sandal brand Birkenstock plans a NYSE debut, targeting an $8 billion valuation after a profitable history. ADES Holding gears up for a substantial $1.2 billion Saudi IPO, with major banks advising. CNGR Advanced Material ponders an IPO for its Indonesian assets, positioning itself in the EV battery supply chain. German cosmetics giant Douglas readies its IPO with a top-tier banking consortium.

Several companies are preparing for IPOs: SoftBank-owned Arm targets a $50-$54 billion valuation with significant backing from tech giants; Renault's EV arm, Ampere, seeks a €10 billion valuation; Novartis plans to list its generic drug unit, Sandoz, on the Swiss exchange after strong sales; Brazilian meatpacker JBS faces environmental concerns over its NYSE listing; ZF Friedrichshafen considers an IPO for its safety division; and Truth Social's public offering faces multiple challenges.

British firm Arm adjusts IPO expectations, targeting $5-7 billion on Nasdaq, amid revenue downturn and concerns over Chinese market exposure. Microsoft-backed Rubrik plans an IPO, potentially raising up to $700 million. Omani energy giant OQ SAOC plans a major IPO for its gas pipeline unit. Alibaba considers pre-IPO fundraising for its cloud division ahead of a Hong Kong listing. Australia's IPO market anticipates major listings, while South Korea sees a surge in pre-IPO activities. Novo Nordisk launches weight-loss drug Wegovy in the UK with limited supply.

Arm Holdings has set its IPO pricing date, aiming to raise $5-7 billion, valuing the company at $50-70 billion. SoftBank plans to retain over 90% of Arm. Due to a sluggish market, companies like Instacart and Arm are securing early backing from big investors. UK fintech Zilch is discussing its IPO with over 15 banks. Chinese EV maker Hozon Auto is planning a $1 billion Hong Kong IPO. Danish pharmaceutical company Novo Nordisk has become Europe's most valuable company, surpassing LVMH, fueled by the weight-loss drug market.

Goldman Sachs is leading upcoming IPOs including Arm, Instacart, Klaviyo, and Birkenstock to revive the dormant IPO market. Saudi auto rental firm Lumi could raise $290m in IPO, valuing it at up to 3.63 billion riyals. Swedish fintech Klarna is preparing for an IPO after achieving its first monthly profit in three years. Gene-editing firm Metagenomi is preparing for an IPO with JP Morgan. Egypt aims to attract $5 billion from IPOs by June 2024. South Korean EcoPro Materials' IPO review is expected to gain speed next month.

Marketing firm Klaviyo filed for a U.S. IPO, reporting $15M in net income on $321M revenue in 2023 first half. Oil and gas driller ADES Holding, backed by Saudi PIF, aims for a $1B Saudi IPO. China is slowing mainland IPOs to boost investor confidence amid declining growth, impacting fundraising. Australian childcare operator Nido initiated a $63.5M IPO with AustralianSuper's cornerstone bid. Philippine fast food giant Jollibee delayed the IPO of its Vietnam unit SuperFoods to improve operations first. Spanish football club FC Barcelona is moving its media unit Barça Media to the Netherlands before a planned Nasdaq SPAC IPO.

IPOX® CEO Josef Schuster discusses the challenges faced by Instacart in its upcoming IPO, emphasizing the need for a balance between robust valuation and initial shareholder satisfaction. Despite five consecutive quarters of profitability, Instacart's estimated worth has been a subject of debate, with significant interest from cornerstone investors. Schuster's insights highlight the broader challenges faced by gig-economy companies in a highly competitive market.