Business / Corporate Feb 9, 2021
SoftBank’s Vision Fund posts record $8 billion profit on IPO boom
by Pavel Alpeyev
A global rally in technology shares has boosted the value of SoftBank’s stakes in publicly traded firms like Uber Technologies Inc.
Business / Tech Jan 20, 2021
Jack Ma emerges for first time since crackdown on Ant and Alibaba
by Lulu Yilun Chen and Coco Liu
While his location is unknown, Ma's emergence in a public forum may help quell persistent rumors about his fate while Beijing pursues investigations into online businesses.
Business / Corporate Jan 7, 2021
SoftBank’s Masayoshi Son is poised for another IPO windfall in 2021
by Pavel Alpeyev
The IPOs could give Son another round of enormous gains after successful offerings from DoorDash Inc. and KE Holdings Inc. in 2020.
Business / Financial Markets Dec 22, 2020
WealthNavi gives Tokyo Stock Exchange one of its biggest IPOs of year
by Shoko Oda and Komaki Ito
The wealth management platform has debuted at a time when amateur investment in Japan is heating up.
Business / Financial Markets Dec 11, 2020
Airbnb and DoorDash rallies stoke renewed debate on pricing IPOs
Had the shares priced closer to where they started trading, Airbnb could have raised $4 billion more for the company and early investors.
Editorials Nov 12, 2020
The $37 billion initial public offering would have been the world’s largest and conferred a value of $316 billion on the Chinese financial giant.
Business / Corporate Nov 4, 2020
China is planning a bigger Ant crackdown with bank funding curbs
China abruptly halted Ant’s IPO after summoning Ma to a meeting earlier in the week to outline an array of concerns and new regulations.
Business / Corporate Oct 27, 2020
Jack Ma’s Ant set to raise $35 billion in biggest-ever IPO
by Lulu Yilun Chen
The move will mean the fintech giant will have a market value of about $315 billion, about the same as JPMorgan Chase & Co.
Business Oct 15, 2020
South Korea's Big Hit market debut tempered by reliance on K-pop group BTS
Big Hit Entertainment, the management label of South Korean superstar K-pop group BTS, hit the stock market with a 9.6 trillion won ($8.38 billion) valuation on Thursday before worries over its narrow revenue stream pulled shares below the debut price. Big Hit, which relies heavily ...
Business / Corporate Oct 2, 2020
Secrecy and speed: Inside Ant Group’s unusual IPO process
by Kane Wu, Julie Zhu and Scott Murdoch
The fintech giant is following a highly unusual process that draws on some of the tactics its former parent and affiliate Alibaba Group has previously used.
Business / Corporate Sep 28, 2020
Kioxia delays listing on Tokyo bourse amid U.S.-China tensions
The firm formerly known as Toshiba Memory Holdings Co. said it will delay what would have been Japan's largest initial public offering on the Tokyo Stock Exchange this year.