Vietnam internet firm VNG files for US IPO
Vietnamese internet firm VNG has filed to list in the United States, soon after electric vehicle maker VinFast made its debut in New York.
Aug 24, 2023
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Business
News tagged with initial state
Business
Jack Ma living in Japan after China tech crackdown: FT
Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources.
Nov 30, 2022
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Business
China's SenseTime postpones Hong Kong IPO after US blacklisting
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
Tycoon JD.com founder steps back as China tech scrutiny deepens
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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Business
Indian food delivery giant Zomato eyes $1.3bn IPO
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
China asked ride-hailing service Didi to delay IPO: report
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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Business
Chinese ride-hailing app Didi files for New York listing
Ride-hailing giant Didi Chuxing has filed to list its shares in New York, a high-profile move by a Chinese tech firm in the United States despite soaring tensions between the superpowers, with reports saying it could be one ...
Jun 11, 2021
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Business
UK food giant Deliveroo set for £7.6bn London IPO
Britain's app-driven food delivery firm Deliveroo is set for London's largest stock market launch in a decade with a valuation of £7.6 billion, despite mounting criticism over its treatment of riders.
Mar 30, 2021
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Engineering
Army looks to improve quadrotor drone performance
When an aircraft veers upwards too much, the decrease in lift and increase in drag may cause the vehicle to suddenly plummet. Known as a stall, this phenomenon has prompted many drone manufacturers to err on the side of extreme ...
Dec 8, 2020
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Business
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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