JoshuaFranklin
Stories by JoshuaFranklin
Uber plans to sell shares worth $10b, in one of the biggest tech IPOs ever
Uber is seeking a valuation of between $90 billion and $100 billion, influenced by the poor performance of smaller rival Lyft Inc's shares following
Blackstone said to accumulate over $22b for its largest buyout fund yet
It is anticipated that the Blackstone fund will overtake Apollo Global's $24.6-billion fund as the largest ever.
Lyft valued at $24.3b in first ride-hailing IPO
Lyft's valuation makes it the biggest company to go public since Alibaba Group Holding Ltd in 2014.
Lyft raises IPO price target as investors fear missing out on mega offering
Lyft raised its IPO price range to between $70 and $72 per share, meaning the ride-hailing company is now targeting a valuation of up to $24.3 billion
Foxconn Ventures sells $398.4m worth of Alibaba stock
Foxconn sold 2.2 million Alibaba shares on Wednesday at $181.10 per share.
Lyft’s IPO said to be oversubscribed on roadshow’s second day
Lyft's progress in its IPO could bode well for larger rival Uber Technologies Inc, which is said to be planning to kick off its IPO in April.
Ride-hailing platform Lyft to launch road show for up to $2b IPO
Lyft's IPO will mark the first time a ride-hailing company has debuted on the US public markets.
Uber said to hire more IPO underwriters as listing preparations gain steam
The preparations are aimed at giving Uber the flexibility to go public as early as the first half of 2019.
Lyft plans to launch IPO roadshow in week of March 18
Lyft expects to be valued at between $20 billion and $25 billion in its IPO, and the roadshow is expected to last about two weeks.
Lyft to pitch fast US growth to investors in IPO race with Uber
Lyft is under pressure to sell investors on its prospects as it races neck-and-neck with Uber to an IPO that could take place in the second quarter of