Business

Uber CEO Khosrowshahi Urges Indians To Shun Car Ownership Trap

Uber Inc. chief executive Dara Khosrowshahi on Tuesday dived into the raging debate in India on whether millennials pre... Read more

PropertyGuru Said To Lean Towards Lower End Of IPO Range

PropertyGuru, the Southeast Asian online realty company, is offering shares at the lower end of the A$3.70 to A$4.50 in... Read more

Australian IPO Market On Tenterhooks After Two Failed Floats In Weeks

Two failed Australian floats in two weeks – including one touted as the country’s biggest of the year – have jack... Read more

SoftBanks WeWork Financing Would Lead To Co-founder Adam Neumanns Exit

SoftBank Group Corp offered close to $10 billion to WeWork owner The We Company, its employees and its investors on Mon... Read more

Asia Witnessing A Flurry Of IPOs This Week With ESR Cayman Leading Pack

Asia is embracing a flurry of initial public offerings this week, with more than 20 deals totaling over $5 billion bein... Read more

Warburg Pincus-backed ESR Relaunches Larger HK IPO Of Up To $1.45b

ESR Cayman Ltd, backed by private-equity firm Warburg Pincus, relaunched a bigger Hong Kong initial public offering (IP... Read more

Chinas Sneakerheads Chase 6,600% Returns Trading Air Jordans

One of the hottest commodities in China right now is a pair of sneakers. The SoleFly x Air Jordan 1 in black patent lea... Read more

China Opens Up Access To Dual-class Shares Listed In Hong Kong

China will allow onshore investors to buy dual-class shares traded in Hong Kong for the first time, giving them access ... Read more

Hong Kong IPOs Signal Renewed Confidence In Chinas Film Studio Companies

More of China’s film and TV studios are looking to Hong Kong investors to raise money on renewed confidence in a cine... Read more

Aramco Delays Planned IPO Launch, Hopes Q3 Results Will Boost Investor Sentiment

Saudi Aramco has delayed the planned launch of its initial public offering in hopes that pending third-quarter results ... Read more

Blackstone, K Raheja Pick More Banks For Indian REIT IPO

Blackstone Group and Indian developer K Raheja Group have selected more banks for an initial public offering of their j... Read more

Singapore REITs Raise Record Capital Via Secondary Share Sales

Singapore real estate investment trusts are back for more cash, pushing secondary share sales to record levels. Keppel ... Read more

Chinese AI Startup Megvii Goes Full Tilt With IPO Despite US Blacklisting

Chinese artificial intelligence startup Megvii Technology Ltd. is pressing ahead with plans for an initial public offer... Read more

Qatars Dairy Firm Baladna To Raise Around $392m In IPO

Qatari company Baladna, which has built a dairy business in the desert following a trade embargo by Saudi Arabia and it... Read more

Dubais Biggest Bank Seeks To Raise $1.76b From Rights Share Offering

Dubai’s biggest bank is seeking to raise 6.45 billion dirhams ($1.76 billion) from a rights share offering as it expa... Read more