![]() AxiCorp (ACN 127 606 348) is authorised and regulated by the Australian Securities & Investments Commission (ASIC) AFSL number 318232. Therefore the client money rules do not apply to the business currently undertaken by AxiCorp Financial Services Pty Ltd (DIFC Branch).Īxi is a brand name of AxiCorp Financial Services Pty Ltd (AxiCorp). Readers should seek their own advice.ĪxiCorp Financial Services Pty Ltd (DIFC Branch) is regulated by the Dubai Financial Services Authority (DFSA) and holds a category 4 license with a 'Retail' endorsement and is not authorized to hold client assets or client money. Axi makes no representation and assumes no liability regarding the accuracy and completeness of the content in this publication. Any references to past performance and forecasts are not reliable indicators of future results. It has been prepared without taking your objectives, financial situation, or needs into account. This information is not to be construed as a recommendation or an offer to buy or sell or the solicitation of an offer to buy or sell any security, financial product, or instrument or to participate in any trading strategy. ![]() The data is sourced from third-party providers. Join thousands of traders and trade CFDs on forex, shares, indices, commodities, and cryptocurrencies! Don’t forget to set risk management tools like a stop loss and take profit order. Choose your position and size and go long or short on share prices.Navigate to market watch, right-click, and select ‘show all’.Login to your live MT4 trading account ( sign up with Axi if you don’t have one).With Axi you can get exposure to Houzz IPO as soon as it’s listed on a specific exchange and prices from the exchange become available to our liquidity providers. An IPO is an important milestone for a company looking to raise capital and an opportunity for investors to get involved in a hopefully growing business. The company has landed a $4 billion valuation.Īn Initial Public Offering (IPO) is an investor’s first chance to gain exposure to an organisation. We will be following Houzz announcements closely and we will update you as soon as an official IPO announcement has been made. There has been no official announcement yet about a 2023 IPO date. ![]() Investors have been waiting for some years for Houzz to launch an Initial Public Offering. Last year, Houzz trimmed 8% of its total global workforce, affected by the macroeconomic conditions in the home improvement and interior design industry. The Houzz online platform makes money via subscriptions, referrals, foreign exchange, and late payment fees, as well as interest. Today Cohen and Tatarko own about a quarter of the company, which has 1,200 employees and has attracted 65 million users over its lifetime. As their business grew, the power couple also started selling project management software to home professionals. Houzz was founded in 2009 by married couple Adi Tatarko and Alon Cohen, who decided to launch a website to help home owners find ideas for remodelling their properties. It has raised up to $650 million up-to-date. In 2021 Houzz hired Goldman Sachs to prepare for an initial public offering. The Palo Alto-based company experienced rapid growth during the Covid pandemic when many home owners decided to renovate their houses. If you’ve never heard of Houzz before, it’s a popular online community connecting home owners to a variety of design and construction professionals.Īt the moment Houzz is a private company, but like many other US-based startups it has been planning to list its stock since last year. Home development and design platform Houzz could open its doors to investors in 2023.
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