Abhishek Manikandan
Stories by Abhishek Manikandan
Chinese wealth management platform Lufax files for US IPO
Lufax was valued at $38 billion before its latest fundraising in 2018.
SoftBank-backed insurance startup Lemonade raises IPO price range
It was valued at $2.1 billion last year after it raised $300 million in a round led by SoftBank.
SoftBank-backed Lemonade takes 30% valuation cut, seeks to raise $286m via IPO
Lemonade was valued at $2.1 billion last year after it raised $300 million in a funding round led by SoftBank.
China’s Dada Nexus raises $320m in upsized US IPO
Dada priced its IPO of 20 million American Depository Shares (ADS) at $16 each, valuing it at $3.5 billion.
China’s online grocer Dada Nexus seeks to raise $280m in US IPO
Dada’s IPO plan comes amid tighter restrictions from US lawmakers and stock exchange operators on flotations by Chinese firms.
Chinese precision oncology firm Burning Rock Biotech files for US IPO
The filing marks the latest Chinese company to opt for an American listing amid tighter rules by lawmakers.
eBay in talks with multiple parties for sale of classified business
In March 2019, the company announced a strategic review of the classifieds-ads business and its StubHub ticketing unit.
SoftBank-backed OneConnect shares rise 5% in US market debut
The company had slashed its IPO size by 28% on Wednesday and lowered its target price range.
Taiwan’s Yageo to buy US-based rival Kemet in $1.8b deal
The deal is expected to close in the second half of 2020 and would result in combined annual revenues of about $3 billion.
