Sohini Podder
Stories by Sohini Podder
Chinese EV maker Xpeng to list on Hong Kong Stock Exchange
It is looking to list its common shares on the HK bourse as part of a global offering to raise as much as $2 billion.
China’s Full Truck Alliance valued at over $24b in strong NYSE debut
The valuation makes it the biggest US listing for a Chinese company this year.
SoftBank, Franklin invest $210m in OneTrust at over $5b valuation
SoftBank has made many investments in recent weeks such as Invitae and Meesho.
Tiger Global, SoftBank invest in cloud firm Redis Labs at $2b valuation
Existing investor TCV also participated in the round which raised $110 million.
Fetch Rewards joins unicorn club with $210m round led by Vision Fund 2
The Series D round was joined by existing shareholders ICONIQ Capital, DST Global, Greycroft and e.ventures.
SEC warns against investing in SPACs based only on celebrity backing
The SEC said a celebrity endorsement of a SPAC does not necessarily make it a safe bet for investors.
Japan’s SoftBank said to write down $1.5b Greensill investment
SoftBank is considering dropping the valuation to close to zero.
SoftBank-backed robotics firm Berkshire Grey to go public via $2.7b SPAC deal
The deal is expected to provide Berkshire Grey about $413 million in cash.
Wheels Up to go public via merger with Ravi Thakran’s SPAC in $2.1b deal
Wheels Up's merger with Aspirational Consumer Lifestyle is the latest SPAC deal in the aviation sector.
