Business

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.

Business

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 ...

Business

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.

Business

Indonesia's Lion air set to list shares

Indonesia's Lion Air is set to launch an initial public offering, according to a company spokesman, in a listing that could reportedly raise up to $1.0-billion—one of the country's biggest-ever share sales.

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