text

As Uber and Lyft continue to melt, the 2019 unicorn class loses its shine

You’d be excused for feeling that mid-2019 was in a different decade as far as venture-backed IPOs go.Last year saw a number of successful flotations of venture-backed technology and technology-

text

Confidence of foreign firms in China growing as supply chain recovers

Foreign-invested companies in China are rapidly regaining confidence as normal production and operation resumes and order fulfillment keeps improving amid a steadily recovering supply chain, the

text

TransferWise partners with Alipay for international money transfers

TransferWise, the London-headquartered international money transfer service most recently valued by investors at $3.5 billion, has partnered with China’s Aliplay for international transfers.The

text

Countries should stand by each other to combat COVID-19, says Chinese ambassador

In combating COVID-19, countries should stand by each other and work together in the spirit of a community with a shared future for mankind, Chinese ambassador to Britain Liu Xiaoming has said. "Vir

text

China conducts second central bank bills swap in 2020

The People's Bank of China, the central bank, conducted the second central bank bills swap (CBS) operation in 2020 on Friday to improve the liquidity of perpetual bond

text

Quick notes on the DoorDash IPO filing

Earlier today, during an eye-popping market selloff, DoorDash announced that it has privately filed to go public. The decision to file privately will allow the high-valued startup to get its S-1 docum

text

What the $13B E-Trade deal says about Robinhood’s valuation

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.Today we’re living up to the introduction of this daily column by digging in

text

Meet 5 cybersecurity unicorns that could IPO in 2020

There was a lot of moving and shaking in the cybersecurity unicorn world in 2019.It was a year that saw two of the biggest exits in cybersecurity history: CrowdStrike went public valued at $3.35 bill

text

APD | Iran’s shrimp output doubles to 45,000 tons

By APD writer Muhammad SohailIran’s production of shrimps has doubled since the beginning of the current Iranian calendar year on March 21, 2019, as compared to the sam

text

Uber sells food delivery business in India to Zomato

Uber said on Tuesday it has sold its food delivery business, UberEats, in India to local rival Zomato as the American ride-hailing giant continues to shed lossmaking operations and become profitable

text

China conducts first central bank bills swap in 2020

The People's Bank of China, the central bank, has conducted the first central bank bills swap (CBS) operation in 2020 to improve the liquidity of perpetual bonds issue

text

Saudi Aramco raises IPO to record $29.4 billion by over-allotment

State-owned oil company Saudi Aramco said on Sunday it had exercised its "greenshoe option" to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a rec

text

The electric scooter wars of 2019

Throughout 2019, a number of mobility companies launched in additional markets, while many pulled out of areas that no longer served them. Meanwhile, transportation startups continued to raise more mo

text

Chinese AI firm Megvii back on track for $500 million IPO: Sources

Chinese artificial intelligence (AI) company Megvii's plans for a 500 million to one billion U.S. dollars initial public offering (IPO) in Hong Kong are back on track after its application was cleare

text

Alphabet-backed primary care startup One Medical files to go public

One Medical, a San Francisco-based primary care startup with tech-infused, concierge services filed for an IPO with the Securities and Exchange Commission today.Internal medicine doctor Tom Lee founde

text

John Lennon MBE return letter valued at £60k

A letter John Lennon wrote to the Queen explaining why he was returning his MBE was found tucked in a record sleeve from a £10 car boot haul.

text

2 Vietnamese charged for possession of wildlife trophies

Two Vietnamese were on Thursday charged in a Nairobi court with being unlawfully in possession of wildlife trophies.