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KUAISHOU IPO
Slowdown fears grip China tech despite upbeat salesChinese tech stocks have succumbed to the pull of gravity after investors’ hopes for a swift rebound in growth failed to materialise.- Five facts about missing star Chinese dealmaker and his firmThe dealmaker's disappearance is the latest in a series of cases of high-profile Chinese executives going missing with little explanation d...
- IPOs run out of steam as selloff rattles global equity marketsGlobally, $26.7 billion worth of IPOs have priced, marking a 60% drop from the same period a year earlier. Now, pulled deals are piling up ...
- China’s tech moguls see $80 billion of wealth evaporate in 2021The country’s 10 richest tech tycoons lost $80 billion in combined net worth in 2021, according to the Bloomberg Billionaires Index, amid w...
- Record IPO binge in 2021 leaves investors hung overCompanies ranging from technology start-ups to blank-check acquisition firms flooded the market with offerings, capitalizing on investors' ...
- Global IPOs smash previous record, blow past $600-billion markLeading the pack is electric-truck startup Rivian Automotive, which raised nearly $12 billion in New York this month. Asia's biggest was Ch...
- Chinese tech’s brief revival is already showing signs of fatigueThe rally in the Hang Seng Tech Index, which tracks Chinese tech stocks listed in Hong Kong, fizzled out toward the end of this week amid h...
- More fuel for Indian startups as global capital shifts from ChinaIndian startups, which are clocking record inflows of venture capital this year, will gain further as global capital moves away from China ...
- Bankers see Asia IPO market getting tougher after record first halfFirms in Asia have raised $82 billion through initial public offerings so far this year, the most ever for a first half, and beating the pr...
- 14th unicorn risesFrom Zeta becoming India's latest startup unicorn to Food delivery firms facing curbs and upGrad buying Impartus, here's a quick look at th...
- TikTok founder Zhang Yiming enters world's richest people-club with over $60 billion net worthDuring its last fundraising round, ByteDance reached a $180 billion valuation.
- ByteDance is restructuring TikTok India team, transfers country headThe restructuring is in line with the impending TikTok Global IPO in October, wherein retained employees of TikTok India will look to redee...
- After best-ever start to a year, $49 billion Asia IPO boom likely to taper offAsian companies, like their global peers, notched their best first quarter for listings ever, thanks to a flood of liquidity during the pan...
- I spy TeslaIn today’s ETtech Evening Briefing: Hackers breach cameras at Tesla, banks, jails, and more in the US; Netflix pilots Mobile+ subscription ...
- Ant's employees expected a windfall. They got unsellable sharesIt has shelved a share buyback program for current and departing staff, in part because of uncertainty over how to value the company.
- ETtech Morning Dispatch on March 1, 2021: Govt vs WhatsApp (again)Here's a look at the top tech news to start your day.
- Kuaishou IPO valuation lights up India’s short-video spaceIndian short-video apps—from Sharechat’s Moj to MXPlayer’s MX TakaTak—see the blockbuster Kuaishou IPO as underscoring the massive potentia...
- TikTok owner's sales doubled to $35 billion despite US banThe Chinese company managed to grow operating profit to roughly $7 billion in 2020 from less than $4 billion the prior year.
- Bytedance rival Kuaishou aims to raise up to $5.42 billion in Hong Kong IPOKuaishou operates apps that allow user-uploaded videos as well as live-streaming programs through which vendors can promote consumer produc...
- Asia's capital markets to focus on vaccine in 2021, say bankersEquity capital markets (ECM) deals in the Asia Pacific region, including Japan, totalled $439.1 billion in 2020, the highest ever, which ac...
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