Business
Chinese artificial intelligence start-up SenseTime said Monday it was postponing a $767 million initial public offering in Hong Kong after it was blacklisted by the United States over accusations of genocide in Xinjiang.
Dec 13, 2021
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Business
India's biggest-ever initial public offering opened Monday with digital payments platform Paytm looking to raise nearly $2.5 billion, in what has already been a record year for share listings.
Nov 8, 2021
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Business
Alibaba shares surged more than six percent on Wednesday after billionaire founder Jack Ma was reported to be in Europe, fuelling investor hopes that the worst of China's regulatory crackdown for the internet giant might ...
Oct 20, 2021
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Business
When the pandemic hit the U.S. last year, grocery delivery company Instacart suddenly became a lifeline for millions of consumers. Sales volumes skyrocketed; in one month, the company added 300,000 drivers to keep up with ...
Oct 11, 2021
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Business
The billionaire founder of Chinese e-commerce giant JD.com is to step back from daily operations, his company announced, making him the latest A-list CEO to retreat from the limelight as Beijing squeezes the tech industry.
Sep 7, 2021
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4
Business
International takeaway food app Deliveroo cut losses in the first half as the coronavirus pandemic boosted home deliveries, a results update showed Wednesday.
Aug 11, 2021
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Business
Robinhood had a rough start on Wall Street Thursday, falling sharply in its Nasdaq debut after the fast-growing online trading app raised $1.9 billion in an initial public offering.
Jul 29, 2021
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Business
Indian food delivery giant Zomato announced plans Thursday to raise 93.75 billion rupees ($1.3 billion) via an initial public offering, the latest firm to take advantage of a strong rally in local equities.
Jul 8, 2021
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Business
Shares of Didi Chuxing plunged in pre-market trading Tuesday after Beijing required app stores to pull the Chinese ride-hailing program as part of a widening crackdown on technology companies.
Jul 6, 2021
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Business
Chinese regulators urged ride-hailing giant Didi Chuxin to delay its $4.4 billion New York IPO to examine security concerns, advice the company did not heed, according to a report.
Jul 6, 2021
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