JoshuaFranklin
Stories by JoshuaFranklin
SoftBank to sell T-Mobile shares at $103 apiece to raise $13.76b
SoftBank on Monday unveiled a series of transactions to divest more than $21 billion worth of stock in T-Mobile.
Chinese investor group-owned Playtika hires banks for $1b US IPO
Playtika’s IPO would come amid a surge in demand for mobile gaming, as more consumers stay at home amid the COVID-19 pandemic.
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 delivery firm Dada Nexus to kick off $500m US IPO this week
Shanghai-based Dada is backed by Chinese e-commerce firm JD.com and Walmart Inc.
WeWork directors seek to preserve right to sue owner SoftBank
It is the latest salvo in a heated legal dispute between the two sides.
Kingsoft Cloud raises $510m in first China IPO in US since virus outbreak
Existing shareholders Kingsoft Group, Xiaomi and Carmignac Gestion anchored the IPO.
China’s Kingsoft Cloud sets terms for US listing in first major IPO since COVID-19
The IPO is also the first gauge of US investor demand for Chinese companies going public in New York since Luckin Coffee freefall last month.
WeWork co-founder Neumann sues SoftBank over failed tender offer
The tender offer was part of a $9.6 billion rescue financing package that SoftBank agreed with WeWork in October.
Social Capital defies IPO lull with $720m blank-check deal
Palihapitiya is understood to have originally been looking to raise $600 million in the IPO but increased the deal's size deal following strong demand
Airbnb garners new $1b loan on top of $1b bond deal
Airbnb said in September it planned to list its shares in 2020.
