AlexBarinka
Stories by AlexBarinka
SoftBank IPO banks said to commit to $9b Vision Fund loan
The almost $100 billion Vision Fund has holdings in companies including ARM Holdings Plc, Uber Technologies Inc., WeWork Cos., Slack Technologies Inc.
Top banks queue up as Uber, Lyft firm up plans for 2019 listing
Wall Street’s top banks, vying for a coveted underwriting spot on Uber’s IPO, suggest the San Francisco company could produce one of the most valu
Lyft invites bank pitches for underwriting 2019 IPO
Lyft was valued at $15.1 billion in a private funding round announced in June. The company raised $600 million in a round led by Fidelity Management &
SoftBank-backed Guardant Health raises $238m in US IPO
The company raised $360 million last year led by Japan’s SoftBank, which is expected to remain its biggest holder with a 33% stake after the offerin
Uber said to be in talks to acquire Dubai ride hailing firm Careem
Uber and Careem held preliminary talks in July to combine their Middle Eastern ride-hailing services, hoping to resolve a costly rivalry in the region
Tencent-backed Qutoutiao more than doubles in US trading debut
Qutoutiao is the 25th Asia-based company to list on New York exchanges this year to raise a combined $7.4 billion in IPOs.
SoftBank said to seek loans from banks pitching for IPO of wireless unit
SoftBank Group Corp. has told potential underwriters seeking a large role in the blockbuster IPO of its Japanese wireless unit that they should offer
Lyft said to start process to prepare for 2019 IPO
Lyft plans to begin taking pitches from banks as soon as September, targeting March or April for the listing.
Xiaomi-backed home appliances supplier Viomi submits U.S. IPO papers
Xiaomi, which raised $5.4 billion in its Hong Kong IPO in June, is Viomi’s strategic partner and shareholder.
SoftBank Vision Fund to appoint ex-Deutsche exec Rahman to head Middle East ops
Rahman will help manage relations with the Vision Fund’s two key backers - Saudi Arabia’s Public Investment Fund and Abu Dhabi wealth fund Mubadal
