JoshuaFranklin
Stories by JoshuaFranklin
WeWork sues SoftBank for dropping $3b tender offer
SoftBank said it would not press ahead with the tender offer because several pre-conditions had not been met.
Airbnb secures $1b investment from Silver Lake, Sixth Street
Airbnb had reportedly lowered its internal valuation by 16% to $26 billion in early March.
India’s Oyo sees signs of recovery in China after coronavirus outbreak
China is Oyo's second-largest market.
Softbank’s Masayoshi Son tells US investors he’ll be more careful
Son is now having to defend his track record after several of its expensive bets on startups soured.
Coronavirus outbreak slows down global dealmaking
Once the volatility subsides, advisers to companies expect many potential acquirers to seize on targets’ lower valuations and pursue their dream dea
WeWork inks office space deal with SoftBank-backed Gympass
The move is seen as majority owner SoftBank using its connections to buoy WeWork's business.
Shelved 2019 US listings create a crowded field for next year
Some 44 companies withdrew their IPO registration in 2019 as of Dec. 3, up almost 50% on 2018 and the highest level since 2016.
NYSE seeks to allow firms to raise capital via direct listings instead of IPOs
This new hybrid model comes after criticism by venture capital investors of the traditional IPO.
Impossible Foods eyes doubling valuation with new funding round
The fundraising could set the stage for an IPO for Impossible Foods as early as next year.
Alibaba said to weigh Hong Kong listing as early as November
The company had been preparing to launch the listing in late August, but delayed it because of the political unrest.
