TikTok rival Kuaishou aims to raise $5.4 billion in what could be the biggest tech IPO since Uber
The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion. Kuaishou competes with ByteDance's TikTok Reuters/Florence Lo/Illu.....»»
The Wall Street Journal: TikTok rival Kuaishou soars in Hong Kong IPO
Shares in Kuaishou Technology nearly tripled from their IPO price in early trading Friday, implying a market value of more than $160 billion, versus nearly $61 billion when the share sale was priced......»»
SoftBank reported an eye-watering $6.5 billion loss in the wake of WeWork"s catastrophic failed IPO
Thomson Reuters SoftBank Group recorded an eye-watering quarterly loss of $6.5 billion early Wednesday, spurred by some of it biggest tech invstments like Uber and WeWork. The Japanese investment giant last month spent over $10 billion bailing&nbs.....»»
SoftBank Group plunges to $6.5 billion quarterly loss as tech bets stumble
SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts' estimates, hit by the falling valuations of some of its biggest tech bets such as WeWork and Uber Technologies......»»
Best Buy targets $50 billion in revenue by 2025, eyes health tech boost
Best Buy Co Inc aims to rake in revenue of $50 billion and cut about $1 billion in costs by 2025, while ramping up its healthcare technology business, the biggest U.S. consumer electronics retailer said on Wednesday......»»
Uber prices shares at $45 for biggest U.S. IPO since Facebook
Uber Technologies Inc.’s highly anticipated public offering will raise more than $8 billion, the company disclosed Thursday afternoon, making it the biggest IPO for a U.S.-based company since Facebook Inc. went public in 2012......»»
Uber aims for $84 billion valuation in the year’s largest IPO
Uber Technologies Inc. is seeking to raise a.....»»
Uber aims to top $80B valuation in year"s largest IPO
Uber Technologies Inc. is seeking to raise as much as $9 billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84 billion......»»
Uber aims to top $80B valuation in year"s largest IPO
Uber Technologies Inc. is seeking to raise as much as $9 billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84 billion......»»
Uber aims to top $80 billion valuation in year"s largest IPO
Uber Technologies Inc. is seeking to raise as much as $9 billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84 billion......»»
Uber aims to top $80 billion valuation in year"s largest IPO
Uber Technologies Inc. is seeking to raise as much as $9 billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84 billion......»»
Uber files to go public in the year’s most-anticipated tech IPO
It’s a watershed moment for Uber, which is expected to list its shares on May 10 as it seeks to raise funding in the neighborhood of $10 billion at a $100 billion valuation......»»
Uber Kicks Off Its Road Show to be 2019’s Biggest IPO
It's seeking to raise $10 billion. Investors could get their first look .....»»
Uber buys Mideast rival Careem for $3.1 billion in its biggest acquisition to date
Uber Technologies Inc. Chief Executive Offi.....»»
Uber buys Mideast rival Careem for $3.1 billion in biggest deal
Uber Technologies Inc. Chief Executive Offi.....»»
China"s Xiaomi plans to raise up to $6.1 billion in Hong Kong IPO: sources
HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi is planning to raise up to $6.1 billion from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the biggest tech floats globally of recent years......»»
Uber"s biggest rival has raised new funding and doubled in valuation to $15 billion
Josh Edelson / AP Images for Lyft Lyft announced it has raised $600 million in funding, and is now worth $15.1.....»»
Lyft surpasses 5,000 self-driving rides with Aptiv fleet
Lyft has completed more than 5,000 self-driving rides through its ride-hailing app, the company said on Tuesday, as it aims to become a serious competitor in autonomous driving while its biggest rival, Uber, retrenches......»»
Lyft racks up 5000 rides with self-driving cars
Lyft has completed more than 5,000 self-driving rides through its ride-hailing app as it aims to become a serious competitor in autonomous driving while its biggest rival, Uber, retreats......»»
Tencent Music aims to raise $1 billion by going public in the US
Tencent Music has filed plans to go public in the United States in what could be one of the biggest recent US IPOs by a Chinese company......»»
SoftBank"s record IPO reaches $23.5 billion after extra share sale
SoftBank Group Corp is set to raise 2.65 trillion yen ($23.5 billion) in Japan's biggest-ever IPO - a share sale widely regarded as finalizing the group's transition from domestic telco to a monolithic global tech investor......»»