Chinese electric vehicle start-up NIO has abandoned plans to build a manufacturing plant in Shanghai after net losses doubled to $1.4 billion last year.
Pinterest, the online "visual discovery" service which claims some 250 million users, has filed confidentially for a stock market listing, The Wall Street Journal reported Thursday.
Lyft is preparing to list its shares on the Nasdaq exchange as early as next month, jumping ahead of ride-hailing rival Uber, the Wall Street Journal reported Wednesday.
Airbnb on Thursday said that it hired airline industry veteran Fred Reid away from an autonomous flight vehicle startup backed by Google co-founder Larry Page.
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.