Sunday, December 07, 2025 | 04:28 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Slack "seriously considering" direct market listing - source

Image

Reuters

By Joshua Franklin

(Reuters) - Slack Technologies Inc is "seriously" considering making its stock exchange debut through a direct listing, a source familiar with the matter told Reuters on Friday.

The Wall Street Journal reported reported earlier in the day that Slack, which operates a popular workplace instant-messaging and collaboration app, is likely to debut in the second quarter and currently expects to do so via a direct listing.

The plan for a direct listing will make Slack the second big technology company after Spotify Technology SA to bypass a traditional IPO process in going public.

This comes after Reuters reported in December that Slack had hired investment bank Goldman Sachs Group Inc to lead its initial public offering as an underwriter.

 

Slack did not immediately respond to a request for comment.

(Reporting by Bhanu Pratap in Bengaluru; Editing by Shounak Dasgupta)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 11 2019 | 7:58 PM IST

Explore News