US Reportedly Considering Sanctions Against China’s Ant Group
The world’s largest fintech unicorn could join Huawei and ByteDance on the Trump administration’s “Entity List”.
Browsing Tag
IPO
A Record Week for IPOs
The week beginning 14 September has been the busiest for IPOs since Uber floated in May 2019.
Warren Buffett-Backed Snowflake Nets Largest Software IPO Ever
The firm’s debut on the public market also marks the biggest US IPO of 2020.
IPO Briefly Makes Bottled Water Entrepreneur China’s Richest Man
A record flotation saw Zhong Shanshan’s personal wealth elevated above that of Jack Ma, if only for a few hours.
Goldman Sachs Reportedly Joins Ant’s IPO Banking Syndicate
The renowned investment bank has joined a group of others working on an IPO of up to $30 billion, according to sources.
The Spectacular Rise and Fall of WeWork
In less than one year, WeWork went from having a $47 billion valuation and being the darling of the venture capital world to needing an $8 billion infusion to avoid running out of money. This is the story of Adam Neumann, Softbank's risky…
Softbank Boss Loses $6 Billion on WeWork Flop
Japan’s Softbank boss has lost about $6 billion since aggressively backing tech firms in 2019.
WeWork IPO Delay Could Have Wider Implications on Investment
This week WeWork shelved its initial public offering (IPO) after struggling to drum up investor interest in the multibillion-dollar listing.
Here’s Why Uber Is Losing Money
Uber will hit the public markets this morning with a valuation that could top $75 billion. The world's biggest ride-hailing business debuts weeks after Lyft, its smaller rival.
Prepaid Financial Services: One of the World’s Leading FinTechs
Already in 2019, Noel Moran, Chief Executive Officer at Prepaid Financial Services has been honoured with three CEO awards, two of which are international. The current European Entrepreneur of the Year was showcased at the prestigious World…