RIO DE JANEIRO, BRAZIL - The digitalization process imposed by the pandemic and the rapid growth of technology companies, driven by this phenomenon, have pushed a wave of startups to the Brazilian Stock Exchange (B3). The march toward initial public offering (IPO) is expected to gain momentum, provided market volatility does not change these companies' plans.
Investors' appetite is great, as evidenced by the IPOs of "tech" companies early this year. Mosaico, for example, owner of Buscapé and Zoom search engines, saw its market value virtually double in its debut, marking the largest surge of a share on the first trading . . .
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