普华永道：2017年Q1全球科技行业IPO回顾报告英文版_50页（51页）.pdf

1、 Global Technology IPO Review Q1 2017 Global Technology IPO Review Q1 2017 1 Led by two Unicorns, global tech IPO market starts on an optimistic note in Q1 2017 Raman Chitkara Partner and Global Technology Industry Leader PricewaterhouseCoopers LLP After a challenging 2016 for technology initial pub

2、lic offerings (IPOs), 2017 is off to a good start in the first quarter and that bodes well for the rest of the year. Welcome to the Q1 2017 issue of PwCs Global Technology IPO Review. With 18 technology companies listing in the first quarter of 2017, total proceeds reached US$5.8 billion, the highes

3、t in the last five consecutive quarters. The environment for technology IPOs was positive with two UnicornsSnap Inc and MuleSoft Inclisting in Q1 and many more tech Unicorns on the sidelines waiting to enter the market during the year. Snap, with US$3.9 billion proceeds, was the biggest IPO since th

4、e US$21.8 billion listing of Alibaba in Q3 2014. Geographically, China showed resurgence, following a slow last quarter of 2016, with 12 tech IPOs raising US$1.2 billion in Q1 2017. A stronger political and economic environment led Chinas stock market regulators to facilitate more homegrown tech com

5、panies listing on the Chinese exchanges. Apart from China, the technology IPO activity was limited to four IPOs from the US and two IPOs from Japan. The UK and Europe shied away from the technology IPO market, with uncertainty over Brexit and ongoing elections in Germany, France, the Netherlands and

6、 Norway likely to be playing a part. However, Europe is building up a healthy pipeline of technology IPOs and is expected to emerge stronger following the elections. The Internet Software See Methodology Table of contents 1. Q1 2017 global tech IPO summary 3 A resurgence of tech IPOs after a soft 20