Twitter shares plunged to new lows Tuesday, under pressure after the expiration of the so-called lockup period, which banned sales by company insiders after its public offering.
Sina Weibo sold fewer shares than expected in its US IPO which was priced below expectations ahead of a Thursday listing that takes place after tech selloffs on Wall Street.
Twitter co-founders Jack Dorsey and Evan Williams and chief executive Dick Costolo have no short-term plans to sell their shares in the social network, according to documents released Monday.
Wall Street has a major craving for takeout. Investors sent shares of GrubHub Inc. up more than 30 percent Friday in an initial public offering that gave the online food ordering service a market capitalization of nearly ...
The microblogging service Weibo—often described as China's version of Twitter—will raise at least $340 million in its US stock offering, an updated filing showed Friday.
Jack Ma, the billionaire founder of Chinese e-commerce giant Alibaba, is to pay $531 million for a stake in a domestic software developer for the financial industry, a statement said.
King Digital Entertainment raised a sweet half-billion dollars on Wall Street, and now it is time for the market to show its taste for the makers of mobile game Candy Crush.
Online storage provider Box is the latest rapidly growing Silicon Valley company seeking to strike it rich in the stock market.
In picking the US to launch initial public offerings rather than their home market, Chinese technology companies Alibaba and Weibo are opting for maximum visibility and access to capital.
Yahoo is getting another lift from its stake China's Alibaba Group, a thriving Internet company that has helped mask Yahoo's own financial funk.