Alibaba shares surge on Hong Kong debut
Chinese online retail giant Alibaba surged Tuesday as it drew back the curtain on a Hong Kong listing the firm described as a vote of confidence in the embattled city.
Nov 26, 2019
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Page 9 - News tagged with initial public offerings
Business
E-commerce giant Alibaba raises $11 billion in share listing
The Chinese e-commerce giant Alibaba has raised at least $11 billion in a share offering in Hong Kong, netting the city's biggest offering since 2010 despite recent political turmoil.
Nov 21, 2019
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Microsoft competes for popularity with upstart Slack
Microsoft says that its own workplace collaboration service Teams now has more than 20 million daily active users.
Nov 19, 2019
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WeWork loses $1.25 billion in third quarter
WeWork racked up $1.25 billion in losses in the third quarter as it geared up for, and ultimately scuttled, its debut as a public company.
Nov 14, 2019
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Alibaba sets eyes on $15 bn Hong Kong listing: report
Chinese online retail titan Alibaba is hoping to raise up to $15 billion in a Hong Kong IPO, a report said Friday, which would be the city's biggest listing for nine years.
Nov 8, 2019
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Lyft loses money again but eyes profits in about 2 years
Lyft is continuing to lose staggering sums of money as it barrels ahead with impressive revenue growth, but its executives said they believe the company will turn a corner and reach profitability in about two years.
Oct 30, 2019
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Maker of China's TikTok denies report it is planning HK listing
Chinese internet start-up ByteDance, whose globally popular app TikTok has raised US security concerns, on Tuesday denied reports that it was considering an initial public offering in Hong Kong in the first quarter of next ...
Oct 29, 2019
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WeWork accepts SoftBank bailout plan valuing WeWork at $8 bn: source
Japan-based SoftBank will take control of WeWork in a bailout plan that will see the office-sharing startup's co-founder Adam Neumann exit the board, a person close to the matter said Tuesday.
Oct 22, 2019
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UK Oscar-winning special effects firm mulls London IPO
British special effects firm DNEG, winner of five Oscars for work on blockbusters including "Blade Runner 2049" and "Inception", said Tuesday that it planned launching on the London stock market.
Oct 15, 2019
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WeWork to close its New York elementary school next year
WeWork says it will close its elementary school in New York next year, as the office-sharing company grapples with a cash crunch following its botched attempt to sell its stock on Wall Street.
Oct 11, 2019
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