Over the last year, the markets have had to deal with a global shipping crisis, an ongoing pandemic, and a rise in prices. There were a lot of companies that went public in 2021, even though there were some risks.
Coinbase (COIN), Rent the Runway (RENT), Robinhood (HOOD), and electric car makers Lucid (LCID) and Rivian (RIV) are all on the list (RVIN). Not every company that went public did well. Some 399 initial public offerings raised $142.5 billion in 2021, but the majority of IPOs didn’t make as much money as they did when they first went on the market.
There will still be a pandemic and a chip shortage in 2022, so the market will start out slow. But a lot of big-name companies are ready to go public this year.
If you want to think of Reddit or Flipkart, or even Mobileye, these are a few. It doesn’t end there. We talked to Avery Spear, who works at Renaissance Capital, and he told us which initial public offerings are going to be hot in 2022.
During the year 2022, Vinfast will bring its cars to the United States, and they will be sold there. In this picture, Vinfast is being shown.
On the list of IPOs for 2022, Vinfast is at the top. Vinfast is a company that came out of Vingroup, a Vietnamese conglomerate that does everything from real estate to health care. Vinfast is now focusing on making electric cars for the U.S. and Europe.
Renaissance’s Spear told Editorials99 Finance that electric cars are “very hot right now.” The preorders have already begun, which is about where Rivian was when it first came out.
The VF e35 and VF e36 were shown off at the Los Angeles Auto Show in November. The company plans to open 60 showrooms in the U.S. in 2022. This year, the company plans to start taking pre-orders for its cars. By the end of 2022, they want to have them on the road, and they want to start taking them.
When Vinfast goes public, its value is expected to be $60 billion. That’s a lot of money, but it’s not as much as Tesla, which saw its value rise to $1 trillion in 2021. Rivian went public in November and raised nearly $12 billion.
In 2022, Intel (INTC) plans to separate its Mobileye business from the rest of the company. Mobileye, which was bought by Intel in 2018 for $15 billion, is working on developing advanced driver assistance systems (ADAS). They want to build the technology that will make self-driving cars possible. Can be worth up to $50 billion. Intel will be a big winner because of the IPO.
In December, the company started a robotaxi pilot programme in Paris to see how well its cars could drive on their own. For four days a week, people who work at the Galeries Lafayette in Paris Haussmann can get to work by taking the robot taxi. It will be a safety driver who drives.
Because of the Wall StreetBets subreddit’s meme stock craze, people didn’t know what Reddit was before 2021. More than 50 million people use Reddit every day, there are more than 100 million subreddits, and 50 billion people visit the site each month. Yeah, it’s a big deal. A lot of people call this site the “front page” of the internet because it’s so well-known.
It has been around since 2005, and users can talk about everything from local events to how to beat their favourite video games. But WallStreetBets brought even more attention to the service, and played a big part in the rise of retail investors in the United States.
Even though the company, which filed paperwork with the Securities and Exchange Commission in secret and wants to be worth $15 billion when it goes public next year, it’s no surprise.
Walmart’s (WMT) Flipkart is expected to go public in 2022 with a value of $38 billion when the company goes public. The company is based in India and competes directly with Amazon’s own India site. It has 100,000 sellers and 100 million registered users. It sells everything from clothes to home appliances.
Just this month, Flipkart and Walmart invested $145 million in Ninjacart, an Indian produce company, to help them improve their grocery delivery service. This is a new service that has become very popular in India.
Finally, there is a software company called Automation Anywhere. The company, which is owned by SoftBank, helps businesses make software, or “bots,” that can do things like enter data for everything from HR to sales and marketing.
Spear: “It’s robotic process automation, which, again, is kind of a hot thing.”
The goal is to speed things up by cutting down on the time it takes to do things that used to be done by hand. In the words of Spear, the company is worth about $7 billion.