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Investors are preparing to vote on whether China's ride-hailing app Didi will delist from the NYSE after year-long slide that erased $60 billion from its market value
Last June, Didi listed on the New York Stock Exchange despite Beijing's reluctance. Shortly after, …
Weilun Soon
PE and VC investors make a killing in the 2023 bull market
Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…
PolicyBazaar plans to raise close to $870 million through its IPO at a likely valuation of $3.5 billion
PolicyBazaar’s parent company PB Fintech is planning to raise ₹6,500 crore (around $871 million) IP…
Here's how much Uber, Softbank and Tencent can possibly gain from Didi’s IPO — the largest Chinese share sale since Alibaba
China’s ridesharing behemoth, Didi Chuxing, is finally ready to go public after years of speculatio…
Tencent and Alibaba Group have lost more than $100 billion in July as China cracked down on internet giants
The storm of regulatory changes — from new protection for workers to enforcement of minimum salari…
SoftBank has agreed to sell its entire 21% stake in Flipkart to Walmart
According to reports, SoftBank was considering not selling the Flipkart shares due to many opt…
SoftBank, Naspers, and Warren Buffett's Berkshire Hathaway are cutting their iconic bets on Chinese tech stocks
Berkshire has sold about $600 million of BYD stock, SoftBank is slashing its Alibaba stake by nearl…
Theron Mohamed
Tencent joins Softbank as investor in one of India’s largest online insurance selling platform Policybazaar.com as Tiger Global sells part stake
Chinese investment giant Tencent has bought a 10% stake in one of India’s largest online insurance …
E-commerce platform Flipkart to buyback employee stock options worth ₹600 crore, say sources
Earlier in the day, Flipkart announced raising $3.6 billion (about Rs 26,805.6 crore) in funding…
PTI
Flipkart bags huge investment from SoftBank Vision Fund; it has over $4 billion in cash now
Flipkart has also raised capital from three other companies - Tencent, eBay and Microsoft. No…
Ola to get ammunition to counter rising Uber; may get $400 million investment from Tencent
As per various reports, if Ola gets the investment from Tencent, the former will then have more…
Amazon has invested more than $2-billion in India so far
After this round, its total capital invested in India stands at over Rs13,800 crore ($2.1billio…
SoftBank pumps in Rs 1,675 crore in Ola
SoftBank subsidiary SIMI Pacific Pte picked 12,97,945 shares valued at Rs 10 at a premium of Rs …
Ola raises half-a-billion dollars from Temasek and Warburg ahead of its IPO
Ride hailing giant Ola has raised $500 million from investment titans Temasek and Warburg Pincus, a…
Hike raises $175mn from Foxconn and Tencent
“Hike deeply understands India; a highly diverse market with many nuances. It is on a mission syner…
How Kavin Mittal Hitched Hike to the Unicorn Club
At a time when start-ups are trying to stay away from devaluation, homegrown messaging app Hike Mes…
Uala, a fast-growing personal finance app in Argentina, just closed a $150 million fundraising led by Tencent and SoftBank's Latin America innovation fund
"Ever since our time together in the classroom at Harvard, Pierpaolo and I have been obsessed with …
Dakin Campbell,Bradley Saacks
SoftBank-backed Ola reportedly picks Citigroup and Kotak Mahindra for its $1 billion IPO
India’s Uber-rival Ola has picked up banks to manage its share sale to the public, as per a media r…
NEW: Uala, a fast-growing personal finance app in Argentina, just closed a $150 million fundraising led by Tencent and SoftBank's Latin America innovation fund
Dakin Campbell and Bradley Saacks The latest funding is more than three times what the company has…