Bharath Manjesh
Stories by Bharath Manjesh
SoftBank-backed OneConnect downsizes IPO by 28%, lowers target valuation
The company also downsized the offering from 36 million American depositary shares (ADSs) to 26 million ADSs.
China’s shared workspace provider Ucommune files for US IPO
Ucommune has shared workspaces in 200 locations across 44 cities.
SoftBank said to be selling stake in US dog-walking startup
SoftBank is amicably parting ways with Wag Labs and will no longer have board representation.
Uber said to near deal for self-driving car simulation startup Foresight
The price mainly covered the cost of hiring the team behind the Silicon Valley-based company.
Chubb to hike stake in China’s Huatai Insurance for $1.53b
Chubb already holds a nearly 27% stake in Huatai.
Pinterest is said to confidentially file for US IPO
The company is planning for a late-June listing and is seeking a valuation of at least $12 billion, Wall Street Journal reported.
US-based Flexport in talks to raise $500m in SoftBank-led deal
Excluding the potential deal with SoftBank, Flexport could be valued around $3 billion.
Blackstone to take controlling stake in Tallgrass Energy for $3.3b
Singapore's sovereign wealth fund, GIC, will also be a minority investor in the deal.
Goldman names co-COOs for Asia investment banking unit, ex-Japan
Goldman Sachs Group Inc has named Aaron Arth and Iain Drayton co-chief operating officers of its investment banking division in Asia Pacific, excludin
Visa takes minority stake in Indian payment gateway BillDesk
According to media reports, Visa was looking to invest close to $250 million in BillDesk, valuing the company at $1.5-2 billion.
