IPOs present buyer’s market amid tough valuations, especially for US tech, with many firms like Klaviyo and Instacart underperforming. Klarna is shifting towards profitability, eyeing an IPO. Renault's EV unit, Ampere, might spin off instead of an IPO. Dubai Taxi Company is preparing for a public offering amid market volatility. UL Solutions Inc. is planning a NYSE listing, demonstrating some optimism in the challenging IPO landscape of 2023.

Zeekr Intelligent Technology Holding Ltd. has filed for a U.S. IPO, aiming to raise up to $1 billion. Latin American REIT Fibra Next plans a Mexican IPO post-Thanksgiving, targeting $1 billion. LSEG CEO predicts a rebound in IPO activity. Investcorp Capital prices its Abu Dhabi IPO at the top range, raising $451 million. Syngenta Group's delayed Shanghai IPO reflects a downturn in the Asian IPO market.

Several firms are positioning themselves in the public market, with Geely's Zeekr planning a New York IPO, possibly raising over $1 billion. Fortegra eyes a NYSE listing to tap into the specialty insurance growth. Investcorp Capital boosts its Abu Dhabi IPO with heavyweight backing, aiming to raise $451 million. Syngenta delays its $9 billion IPO due to market volatility, while Rakuten Securities postpones its offering as Mizuho boosts its stake.

Cuscal has delayed its A$514 million IPO, while Oldenburgische Landesbank considers listing amidst profit growth. Klarna navigates regulatory challenges before its UK IPO, Euronext rejects a joint venture with Deutsche Börse for IPO support, and Circle eyes a 2024 IPO as stablecoin interest grows, highlighting the varied responses to current market conditions.

Shein eyes a $90 billion U.S. IPO valuation, Ecopro Materials adjusts IPO terms, EV firm GoZero is seeking funds pre-IPO, Bergé potentially delays Astara's IPO, CARGO Therapeutics aims for a $300 million Nasdaq listing, WuXi XDC targets a $520 million Hong Kong IPO, Hilton Grand Vacations confirms $1.5 billion acquisition of Bluegreen Vacations.

Amidst South Korea's short-selling ban, the IPOX® International Index, including stocks like LG Energy and Ecopro BM, saw substantial gains, though analysts advise caution. Meanwhile, Swedish BNPL firm Klarna is transitioning to a UK holding company, hinting at a $15 billion IPO, possibly in New York. Indian e-commerce startup Udaan is prepping for a 2025 IPO, aiming for operational profit and considering global listing locations.

U.S. gene therapy firm Lexeo Therapeutics prices its $100m IPO to advance R&D, despite a net loss in H1 2023. Chinese electric truck maker Windrose Technology plans a U.S. IPO in 2024, targeting a $200m raise and is currently undergoing pre-IPO fundraising. South Korean battery material producer Ecopro Materials adjusts its IPO pricing due to the European EV market slowdown. SpaceX's Starlink's breakeven cash flow triggers IPO speculations, with Elon Musk linking its IPO prospects to profitability.

Investcorp Capital targets a $403M Abu Dhabi IPO, while CVC Capital Partners postpones its IPO due to market uncertainties. Hamilton Insurance Group aims for a $270M US IPO, valuing at $2B. India sets a record with 184 IPOs in 2023, although it sees a 15% YoY drop in proceeds. Spinneys Dubai mulls a potential IPO. DoorDash, Palantir, Lottomatica Group, and Airtel Africa post positive Q3 earnings, while Confluent's stock declines after revising sales projections.

SAL Saudi Logistics shares rose by 28% in its Riyadh market debut. Waystar postponed its IPO due to U.S. market instability, while Renault reconsiders its EV business IPO amidst competition. India is allowing domestic companies to list abroad, with emphasis on GIFT City. Saudi firm Tabby achieved a $1.5 billion valuation. The UK IPO market faces downturns, with firms seeking US listings.

Several companies globally are eyeing IPOs and strategic mergers, with Western Digital splitting its flash memory and hard drive units, Tory Burch potentially considering an IPO, and Mamaearth raising $92M ahead of its $200M IPO, among others.

Dubai Taxi Corp. seeks $300M from its IPO as part of Dubai's privatization drive. Japanese battery-maker AESC, after a $1B funding round, considers a US IPO. Apex Fintech mulls a traditional IPO after a SPAC withdrawal in 2021. China's Shenzhen Shouhui Technology and noodle chain Maliuji are both evaluating Hong Kong IPOs. New York's Lexeo Therapeutics plans a 9M shares IPO, aiming at genetic medicine advancements.

Sanofi plans to spin out its consumer health unit by 2024, focusing on R&D. Chinese rural lender Chongho Bridge considers a $500m Hong Kong IPO. Bentley Innomed attracts major investors, eyes a 2024 IPO. SCG Decor targets Thailand's leading 2023 IPO, aiming for 6.59 billion baht.

Chicago-based UL Solutions plans a $1 billion NYSE IPO, possibly valuing at over $5 billion, with JPMorgan and Goldman Sachs advising. Australian bank Cuscal Limited prepares for an IPO, aiming to raise up to $238.3 million USD, with a listing date on November 28. French firm Sodexo intends to list its Pluxee division on Euronext Paris in 2024, taking on €600 million of Sodexo's debt.

Kokusai Electric celebrated a strong trading debut in Japan, with shares closing 27% above the offer price. Meanwhile, Russian messenger service Telegram, now UAE-based, eyes a potential 2025 IPO. Battery cell producer Northvolt leans towards a European IPO, possibly in Stockholm in 2024. Lastly, Korea's fashion platform, Musinsa, plans a 2024 IPO, aiming for a market capitalization of $2.3 billion.

OQ Gas Networks debuted on the Muscat Stock Exchange, achieving Oman's largest-ever listing demand. Chinese appliance giant, Midea Group, plans a Hong Kong Stock Exchange listing. Middle East's top alternative asset manager, Investcorp Holdings, eyes an Abu Dhabi listing. Digital platforms Starling Bank and Thought Machine explore London IPOs. Spotify's stock surged after impressive Q3 results, showing promising growth.

In recent business news: Roche acquires bowel drugmaker Telavant for $7.1B from IPOX member Roivant, furthering its therapy endeavors for inflammatory bowel disease. Fintech giant Plaid contemplates an IPO, signaling optimism for the fintech sector. Saudi's PIF explores an IPO for its medical procurement firm, Nupco. Seoul Guarantee cancels a $267M IPO due to valuation concerns. Spanish beauty leader Puig considers an IPO as its next-generation prepares to lead. German wheelchair maker Sunrise Medical prepares for an IPO with a potential valuation of €2 billion.