Dubizzle Group Postpones IPO

Dubizzle Group Postpones Planned IPO

The company has decided to assess optimal timing for the offering in the future.

Dubizzle Group postpones IPO to assess ideal time for future offering

The group said it has seen strong engagement and interest from investors, reflecting the company’s market leadership, profitability, and growth prospects across the UAE and Saudi Arabia

Dubai Classifieds Firm Dubizzle Postpones IPO in Rare Move

Dubai-based Dubizzle Ltd. has postponed its initial public offering, a day before bookbuilding for the deal was set to begin.

Dubizzle Group postpones IPO

Company says it will assess optimal timing for future offering

Dubizzle Postpones Dubai IPO to Evaluate Market Conditions Amid Mixed UAE Listing Trends

Decision came a day before Dubizzle was to start bookbuilding for public listing on DFM Dubizzle Group has chosen to delay its initial public offering on the Dubai Financial Market, saying it will take additional time to evaluate the best moment to proceed with the listing. The decision came just before the company was set to begin pricing its IPO the stage where bids from potential investors are collected in what’s known as the bookbuilding pro…

Dubizzle delays IPO to assess ‘optimal’ market timing

Dubizzle, the Dubai-based classified advertising website, has deferred its proposed initial public offering on the Dubai Financial Market. Despite strong investor appetite following its IPO announcement, the company said it would pause the listing process to “assess optimal timing” for the offering, according to a statement. Dubizzle remains focused on growing its UAE business and expanding its reach in Saudi Arabia, the statement added. The com…