Ankit Ajmera
Stories by Ankit Ajmera
China’s Didi reveals US IPO filing, sets stage for blockbuster float
The ride-hailing giant could raise around $10 billion and seek a valuation of close to $100 billion.
Chinese online grocer Dingdong Maicai files for US IPO
Dingdong last month raised $330 million in a funding round led by SoftBank Vision Fund.
Cubic Corp receives $2.4b buyout offer from Singapore’s ST Engineering
ST Engineering’s offer is superior to a rival bid by Veritas Capital and Elliott Management.
Sequoia-backed Stanza Living in final stages of raising up to $120m
Stanza has so far raised $70 million from Accel, Matrix, Falcon Edge, Sequoia and Equity International.
SoftBank said to back away from part of planned WeWork bailout
SoftBank sent a notice to WeWork shareholders on Tuesday informing the company about its decision.
SoftBank-backed Zume Pizza to lay off up to 80% of its staff
The company raised $375 million from SoftBank in 2018.
Brookfield, GIC to buy freight rail operator Genesee & Wyoming for $6.4b
Including debt, the deal is valued at about 8.4 billion.
Reference price for Slack’s direct listing set at $26 per share
At this price, the owner of the workplace instant messaging app is valued at around $16 billion.
France’s Total close to buying 30% in Adani Gas for more than $800m
The deal is expected to trigger an open offer to public shareholders of Adani Gas.
US chipmaker Qualcomm sets up $100m fund to invest in AI startups
Qualcomm Ventures AI Fund has already made its first investment via a Series A funding round of AnyVision, a face, body, and object recognition start
