Business

Japans Slack Competitor Chatwork Gets Nod For IPO On TSE

Japan’s Slack competitor Chatwork announced that its application for initial public offering (IPO) at the Tokyo Stock... Read more

JD.com JV In Talks To Raise $500m In US Listing: Report

China’s e-commerce company JD.com is in talks with bankers to list shares of its online grocery and delivery joint ve... Read more

Amid Hong Kong Protests, When Will Alibaba List?

Hong Kong’s political unrest is posing a dilemma for Alibaba Group Holding Ltd on the timing of its planned $15 billi... Read more

Trade Spat Helps Asian Food Giant Olam Post 40% Jump In Sales In First Half

In a world where many global trading houses have taken a hit from the U.S.-China trade war, a giant food trader in Sing... Read more

SoftBanks Investment In Form Of Convertible Note Helped Cut WeWork Losses

Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public,... Read more

Chinese Credit Card Repayment Firm Samoyed Cancels US IPO

Samoyed Holdings Limited (Samoyed), a financial technology service firm that focuses on China’s credit card repayment... Read more

AI Startup AInnovation Plans IPO At Value Of At Least $1b In China

The promise of artificial intelligence has yet to translate into big business. Now Kai-Fu Lee, a prominent venture capi... Read more

Alibaba Earnings Beat Top Estimates As Sales Defy Slowdown

Alibaba Group Holding Ltd.’s quarterly revenue beat the highest analyst estimate after personalized shopping recommen... Read more

WeWork Gave Founder Adam Neumann Loans As It Paid Him Rent

Adam Neumann is more than a founder and chief executive at WeWork. He’s also a landlord, a seller of intellectual pr... Read more

Uber Stock Drops To Record Low Since Its IPO Launch In May

Uber Technologies Inc. shares, which have spent more time below their recent IPO price than above it, fell to a record ... Read more

Chinese Companies Reconsider IPO Plans Amidst HK Protests

Several Chinese companies are rethinking fundraising plans in Hong Kong as anti-government protests rock the city, an o... Read more

Luckin Coffees Earnings Weighed Down By Costly Battle With Starbucks

Luckin Coffee Inc posted a bigger-than-expected quarterly loss in its first results as a public company, hurt by soarin... Read more

WeWork Reports Growing Revenues, Widening Losses Ahead Of IPO

WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breaknec... Read more

Saddled With Slowing Economy And ByteDance Rivalry, Tencents Earnings Disappoint

Tencent Holdings Ltd.’s comeback is taking a little longer than expected. China’s leading social media and gaming c... Read more

Singapores Electrify Aims To Raise $5m In Series A Funding By Year-end

Singapore-based energy startup Electrify is aiming to raise $5 million in a Series A funding round by the end of 2019 t... Read more