JoshuaFranklin
Stories by JoshuaFranklin
Home rental firm Airbnb aims to raise roughly $3b in IPO
Airbnb said in August it had filed confidentially for an IPO with U.S. regulators.
How ByteDance CEO rejected Microsoft’s TikTok bid in favour of Oracle partnership
The decision to not pursue an outright sale of TikTok to a US company is risky.
ByteDance said to have picked Oracle as winning bidder for TikTok’s US ops
ByteDance will need approval for the deal from governments of the United States and China.
Home rental firm Airbnb spurns approach from Ackman’s blank-check firm
Airbnb said last month it had filed confidentially for an IPO with US regulators.
Holidayers will favour boutiques over large hotels in post-COVID world, says Oyo chief
SoftBank-backed Oyo had cut thousands of jobs at the height of the pandemic earlier this year.
Peter Thiel-backed Palantir to go public via direct listing, reveals $580m loss in 2019
Revenue came in at $742m last year, compared to $595m in 2018.
TikTok sues Trump administration, says app ban is an election ploy
TikTok and its parent ByteDance rejected the White House’s position that it was a national security threat.
ByteDance investors seek to use stakes to finance TikTok bid
The TikTok assets for sale could be worth between $25 billion and $30 billion.
Airbnb files confidentially for IPO as short-term rental market rebounds
Airbnb’s decision to go public came as U.S. capital markets stage a stunning recovery.
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.
