Japanese technology giant SoftBank has invested $2 billion in shared-office provider WeWork, considerably less than the US start-up was hoping for to fund its expansion.
SoftBank is scaling back plans for fresh investment in shared-office provider WeWork, reports said Tuesday, slashing a multi-billion-dollar injection in the loss-making company.
Shares in the mobile unit of Japanese technology giant SoftBank rebounded after steep early declines on a rollercoaster second trading day Thursday, after a bruising debut saw stocks close 14.5 percent lower.
Tencent Music, the streaming division of Chinese technology giant Tencent, said Tuesday it will raise $1.07 billion from the pricing of its US public share offering.
Ride-share company Uber quietly filed paperwork this week for its initial public offering, the Wall Street Journal reported late Friday.
American office space-sharing company WeWork has obtained $3 billion in funding from Japanese technology conglomerate SoftBank Group Corp.
Snapchat's parent company Snap said Wednesday US officials are looking into how forthright the company was with aspiring investors prior to its stock market debut last year.
Ride-share companies are capitalizing on voter enthusiasm ahead of Tuesday's midterm elections by offering free or discounted rides to the polls in shared cars, bikes and scooters.
Workplace collaboration software firm Slack is actively preparing for a share offering in early 2019, which be the largest in the tech sector since Snap's debut last year, The Wall Street Journal reported Friday.
Aston Martin, the luxury British sports car brand favoured by fictional spy James Bond 007, said Thursday that its upcoming stock market flotation would look to value the group at up to £5.1 billion ($6.7 billion, 5.7 billion ...