7 Major IPOs of 2020

7 Major IPOs of 2020

Most companies that went public in 2020 faced tremendous uncertainty. Those that defied the pandemic were rewarded with a perfect storm of demand. Let's take a look at 7 relevant examples.

Li Auto and Xpeng

Both Chinese electric vehicles producers went public last summer: Li Auto on July 30, and Xpeng on August 27. Both reported raising more than $1 billion. Furthermore, their stocks tripled since the IPOs, which shows the incredible potential for EV businesses in today’s fast-paced world.

According to specialists, the intense competition between #NIO, #XPeng, #LI Auto, and #Tesla can only help the market, with the demand growing higher by the day in China, the U.S., and Europe.

Snowflake