Summary
A detailed presentation analyzing the key themes driving IPOs in the tech, media, and telecom (TMT) sector. It includes a review of activity since January 2018 and a look ahead to IPOs planned for 2021.
Key Highlights
Scope
Reasons to Buy
A detailed presentation analyzing the key themes driving IPOs in the tech, media, and telecom (TMT) sector. It includes a review of activity since January 2018 and a look ahead to IPOs planned for 2021.
Key Highlights
- Between 1 January 2018 and 31 December 2020, a clear trend has emerged in the TMT sector's IPO market. Mature technologies like ecommerce and mobile have been associated with the most successful capital raisings. Measured by IPO proceeds, these themes accounted for almost half of the total TMT IPO market proceeds.
- Cutting edge technologies like fintech, cloud, and the internet of things (IoT) have been moderately successful in raising capital.
- By contrast, early stage technologies like 3D printing, blockchain, and quantum computing have been distinctly unsuccessful in attracting capital through equity listings.
Scope
- This report provides an overview of initial public offering (IPO) activity in the global TMT market between 1 January 2018 and 31 December 2020.
- It assesses the impact of COVID-19 on the TMT IPO market.
- It identifies the top 10 themes driving TMT IPOs during the identified period. These include ecommerce, mobile, fintech, cloud, and the Internet of Things (IoT).
Reasons to Buy
- 2020 saw significant challenges and uncertainties for financial markets. The two largest economies were already locked in a trade war, and the world was then hit by a global pandemic, for which most countries were poorly prepared.
- The global economy falling into recession and the impact of the US presidential election made the outlook even more uncertain. These economic and geopolitical factors had an impact on the initial public offering (IPO) market for the tech, media, and telecom (TMT) sector.
- This report analyzes TMT IPO activity in 2020, compares it against 2018 and 2019, and provides an outlook for 2021.
Table of Contents
- TMT IPO market
- Thematic drivers
- Top 10 themes driving TMT IPOs
- Deal selection methodology
- Theme tagging methodology
- Glossary
- Further reading
- Thematic methodology
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Nanofilm Technologies
- Converge ICT
- LINK Mobility
- Shanghai Holy Star Info Tech
- Anker Innovations Technology
- Transsion Holdings
- Airtel Africa PLC
- SoftBank Corp
- China Tower Corp Ltd
- Xiaomi Corp
- DoorDash
- Airbnb
- Allegro
- The Hut Group
- KE Holdings Inc.
- JD.com
- Alibaba Group Holding
- Uber Technologies Inc
- Lyft Inc
- Meituan Dianping
- Lufax
- Multiplan
- Kaspi.kz
- GoHealth
- Network International Holdings
- Tradeweb Markets Inc
- StoneCo Ltd
- Adyen NV
- GreenSky Inc
- Pagseguro
- Ming Yuan Cloud
- Snowflake
- Rackspace Technology
- ZoomInfo
- Vertiv Holdings
- Beijing Kingsoft Office Software Inc
- Softwareone Holding AG
- Datadog Inc
- Ceridian HCM Holding Inc
- Dropbox Inc
- Hensoldt
- VeriSilicon Microelectronics
- Maxvision Technology Corp
- China Resources Microelectronics
- Vivint
- Arlo
- Appotronics Corp Ltd
- Sonos Inc
- Foxconn Industrial Internet Co Ltd
- ADT Inc
- JD Health
- GoodRx
- American Well (Amwell)
- Accolade
- 1Life Healthcare Inc.
- SmileDirectClub
- Health Catalyst Inc
- Livongo Health Inc
- Change Healthcare Inc
- Good doctor (Ping An Healthcare And Technology Co Ltd)
- Skillz
- Corsair Gaming
- Unity Software
- Kakao Games
- Archosaur Games
- NetEase, Inc.
- Draftkings Inc
- China Mobile Games & Entertainment Group Ltd (CMGE Technology)
- SciPlay Corp
- Codemasters Group Holdings Plc
- Romeo Power
- XL Fleet
- Canoo
- QuantumScape
- Lordstown motors
- Hyliion
- XPeng
- Li Auto
- Fisker
- Nikola
- Fujian Foxit Software Development Joint Stock
- Agora
- Warner Music Group Corp.
- Three’s Company Media Group
- China Bright Culture Group
- Nitro Software Inc
- Hitevision Co Ltd
- Tencent Music Entertainment Group
- Spotify Technology SA
- Bilibili
- Telos
- McAfee
- Qi An Xin Technology
- Ping Identity Holding Corp
- CloudFlare Inc
- CrowdStrike Holdings Inc
- Tenable Holdings Inc
- Avast Plc
- DocuSign Inc
- Zscaler Inc
- Qualtrics
- Playtika
- Robinhood
- Roblox
- Chime
- Affirm
- 17zuoye
- UiPath
- Instacart
- Bumble
- ThredUp
- Siwei Zaowu
- Baosheng Media Group
- Galaxycore
- Ant Group
- DiDi Chuxing
- TikTok Global
- Flipkart
- Universal Music Group
- Krafton
- Vodafone Towers
- JD Logistics
- DataBricks
- Coursera
- Royole
- DarkTrace
- Nextdoor
- Compass
- Zhangmen
- PolicyBazaar
- Bird (Bird Rides)
- Graphcore
- DataRobot
- Yanolja
- Zomato
- Robocash
- Peperfry
- Paysafe
- SoFi
- Arrival
- E2Open
- ChargePoint
- Aeva
- AvePoint
- Microvast
- BarkBox
- View
- Sports Data
- Indie Semiconductor
- Innoviz Technologies
- Electric Last Mile
- Stem
- Metromile
- Skillsoft
