Business

Airbnb Said To Have Priced Shares Above Target In 2020s Biggest US IPO

Airbnb Inc on Wednesday sold shares in its initial public offering (IPO) on Wednesday at $68 apiece, above its tar... Read more

Chinese Chip Designer Bestechnics Pre-IPO Subscription Exercise Fetches $745m

Bestechnic (Shanghai) Co., Ltd, a fabless IC company with a focus on smart audio system-on-a-chip (SoC), has raised 4.8... Read more

DoorDash Garners $71b Valuation In Blockbuster Market Debut

DoorDash Inc shares popped more than 80% in their debut on Wednesday, valuing the food delivery company at $71.3 bi... Read more

Detergent Maker Blue Moon Is The Latest To Raise Over $1b In Hong Kongs Mega IPO Rush

Chinese detergent maker Blue Moon Group Holdings has become the latest in a record number of companies to raise at ... Read more

Chinese E-cigarette Firm Relx Technology Picks Citigroup For Planned IPO In The US

Chinese e-cigarette maker Relx Technology has picked Citigroup Inc. for its planned initial public offering in the U.S.... Read more

Chinas Ant Group IPO Debacle Triggers Tougher Scrutiny Of New Listings

The abrupt suspension of fintech giant Ant Group Co. Ltd.’s record-breaking IPO in November has fueled debate about... Read more

India: Blackstone Hires I-banks For $678m Aadhar Housing IPO

Private equity (PE) giant Blackstone plans to take portfolio firm Aadhar Housing Finance public by June and has hired i... Read more

JD Health Shares Soar 50% In Hong Kong Trading Debut, Valuation Nears $39b

JD Health International Inc shares rose as much as 46.5% above the issue price in their Hong Kong trading debut on Tu... Read more

Online Lending Startup SoFi Said To Explore Deal To Go Public

Online lending startup Social Finance Inc (SoFi) has held discussions with blank-check acquisition companies about a de... Read more

Chinas 17 Education IPO Sees 2nd Day Price Pop

China-based education-tech play 17 Education & Technology saw its shares pop higher on its IPO’s second day of tr... Read more

Airbnb Plans To Hike The Price Range For Its IPO, Seeks A Valuation Of $41.8b

Airbnb Inc has plans to raise the target price range for its initial public offering (IPO) to between $56 and $60 per ... Read more

Walmart Hires Goldman Sachs To Explore $10b Flipkart IPO In The US

Walmart Inc. has hired Goldman Sachs to explore an initial share sale of its Flipkart unit in the US to raise around... Read more

Founder Of Hong Kongs I.T Teams Up With CVC To Take The Fashion Retailer Private For $168m

Hong Kong fashion retailer I.T Ltd said on Sunday its founder and chairman Sham Kar Wai has teamed up with private e... Read more

Chinese State-backed AI Unicorn CloudWalk Files For $573m STAR Market IPO

CloudWalk Technology, a Chinese state-backed AI unicorn that develops facial recognition solutions, has filed a prospec... Read more

JD Logistics Invites Banks To Pitch For Lead Role In Its $3b Hong Kong IPO

JD Logistics has asked banks to pitch for the lead role in its Hong Kong initial public offering (IPO) of up to $3 bil... Read more