Business

SoftBank Group Plans $4.5b Bond Offering Targeting Retail Investors

SoftBank Group Corp said it will issue 500 billion yen (£3.4 billion) in bonds, its largest ever such issue, targeting... Read more

Lyfts Tumbling Stock Is A Worrying Sign For Other IPO-bound Unicorns

Lyft Inc. closed its second day of trading 4.2 percent below its $72 public offering price, an ominous sign for the s... Read more

Embassy Office Parks, Indias First REIT, Rises On Trading Debut

India’s first real estate investment trust, the Blackstone Group LP-backed Embassy Office Parks, rose on its tradin... Read more

China Drone Maker EHang Considers $200m Private Funding Instead Of US IPO

Chinese drone maker EHang has delayed plans for a U.S. initial public offering (IPO) and is instead looking to raise up... Read more

Japans Rakuten To Harvest Gains Of $900m From Lyft IPO

Japan’s Rakuten said on Monday it will book a 110 million yen ($989.74 million) gain in the quarter through March o... Read more

Venture Backers Reap Multi-billion Dollar Payday In Lyft IPO

Lyft Inc’s initial public offering on Thursday marked the latest chapter in the seven-year journey of the U.S. ride-h... Read more

Lyft Soars In Trading Debut After Raising $2.34b In IPO

Lyft Inc., the No. 2 U.S. ride-hailing giant, soared in its debut after raising $2.34 billion in an initial public offe... Read more

Tencent-backed EV Maker NIO Blocks 8 Banks From Working For Rivals

Chinese electric vehicle (EV) maker NIO Inc has blocked the eight top investment banks that did its IPO from working ... Read more

Asian Bankers Place Bets On Follow-on Capital Raising From Newly-listed Firms

Bankers in Asia are betting on newly-listed companies returning to the markets for fresh capital as last year’s flood... Read more

Lyft Valued At $24.3b In First Ride-hailing IPO

Lyft Inc was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup on Thursday... Read more

Tokyo Bourse To Take Over Japans Commodities Exchange In Consolidation Move

Japan Exchange Group (JPX), owner of the Tokyo Stock Exchange, said on Thursday it would take over the Tokyo Commodit... Read more

Reebonz Sees Sudden Stock Price Surge Days Before Nasdaq Delisting Deadline

Singapore-based luxury goods marketplace Reebonz Holding Ltd – which faces the Nasdaq Exchange listing compliance dea... Read more

Lyft Raises IPO Price Target As Investors Fear Missing Out On Mega Offering

Lyft Inc on Wednesday raised the price range for its initial public offering, as investors looked past the ride-hailing... Read more

Google-backed AI Startup Mobvoi Said To Seek Pre-IPO Funding At $1b Valuation

Google-backed Mobvoi is close to securing funding that will value the artificial intelligence startup at more than $1 b... Read more

Crypto Mining Chip-maker Bitmain Lets HK IPO Application Lapse

Bitmain Technologies Ltd., the world’s biggest producer of cryptocurrency mining chips, has let its application for H... Read more