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BYTEDANCE IPO PROSPECTS
SpaceX seen as make-or-break test for mega IPOsThe global IPO market has needed a win for years and Elon Musk's SpaceX could be the breakthrough. The last company to make a market debut ...- ByteDance valued at $550 billion in proposed share sale by General AtlanticGeneral Atlantic, which first invested in ByteDance in 2017 when the company was valued at about $20 billion, started the process to sell s...
- Chinese AI unicorn MiniMax soars 109% in Hong Kong debutShares in Chinese AI startup MiniMax soared 109% as it went public in Hong Kong on Friday, raising US$619 million in a sign that strong inv...
- H-1B fee hike risks; PhonePe's losses shrinkThe H-1B visa fee hike threatens education lenders with riskier loans. This and more in today's ETtech Top 5.
- Shein backers offer to sell at 30% discount as IPO prospects dimShein investors are trying to sell shares in private market deals that value the online fashion giant at as low as $45 billion, reflecting ...
- Shein targets up to $90 billion valuation in US IPOIn private trades, Shein’s valuation has dropped below the $66 billion it got in a funding round in May, the people said. Stakes that have ...
- TikTok owner ByteDance increases price of share buyback for staff -sourcesThe higher price is aimed at motivating employees by helping them monetise their holdings, the sources said
- SoftBank deal flow halved after portfolio takes heavy lossesSoftBank put money into 35 startups and participated in financing rounds valued at $5.1 billion over the past three months.
- Mobikwik faces RBI auditFrom RBI ordering a forensic audit of Mobikwik, Musk's satellite Internet plan hitting a roadblock in India and Big Tech workers slowly com...
- ByteDance considers listing Douyin in New York or Hong Kong: ReportThe company had also been considering listing some of its Chinese businesses including news aggregator Toutiao in Hong Kong or on Shanghai'...
- Alibaba, Tencent put talks to buy iQIYI stake on hold due to price, regulatory concerns: SourcesBut the discussions have stalled with little hope of recommencing soon as they balk at a valuation of around $20 billion demanded by Baidu ...
- A TikTok-Microsoft deal may be the best and most elegant solution for all parties involvedIn this instance, though, Microsoft may be the best suitor. On the surface, it may seem strange to contemplate such a large deal in an envi...
- Jack Ma is telling China’s startup founders it’s time to go publicAnt will be the largest of that cohort, a potentially $200 billion-plus first-timer that’s likely to dwarf all peers apart from major backe...
- 2019’s biggest tech breakthroughs and what to look forward to in 2020: AirPods, Amazon Echo & TikTokOn its surface, 2019 was the difficult year that most of us anticipated.
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