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Monday, 6 December 2021

Goldman, Morgan Stanley bid to buy into mapmaker MapmyIndia’s IPO

MapmyIndia, officially C.E. Info Systems Ltd., said Monday it’s raising as much as Rs 1,040 crore ($138 million) by selling shares at Rs 1,000 to Rs 1,033 apiece.

from Tech-Economic Times https://ift.tt/3In53ou

Bitcoin below $50,000, at early October levels, after weekend's battering

The rout sent bitcoin's price and the amount invested in bitcoin futures back to where they were in early October, before the massive price surge that sent the token to its all-time high of $69,000 on Nov. 10.

from Tech-Economic Times https://ift.tt/3oq4qCI

Sunday, 5 December 2021

SenseTime launches Hong Kong IPO to raise up to $767 million

The deal launched on Monday for the company to sell 1.5 billion primary shares within a price range of HK$3.85 to HK$3.99 each, the term sheet said.

from Tech-Economic Times https://ift.tt/3Drl0GH

Didi's New York exit a further blow to Chinese listings in US

Independent research analyst Mitchell Kim, who publishes on the Smartkarma platform, said that already cautious investors would become more nervous about future Chinese IPOs in the world's largest economy.

from Tech-Economic Times https://ift.tt/31sMi25

Toshiba walked away from potential buyout talks and Brookfield offer

Toshiba's decision to not pursue either course - some details of which have not been previously reported - and instead focus on a plan to split itself in three, has widened the gulf between the conglomerate and a number of its hedge fund investors, according to sources.

from Tech-Economic Times https://ift.tt/3Giswpe

SoftBank shares slide 9% as portfolio upside evaporates

SoftBank shares were trading at 5,122 yen at 10:39 a.m. (0139 GMT), down by half from March highs and at the lowest level in 15 months.

from Tech-Economic Times https://ift.tt/31vmWB4

Alibaba overhauls ecommerce businesses, appoints new CFO

Alibaba said it would form two new units to house its main ecommerce businesses - international digital commerce and China digital commerce, in a bid to become more agile and accelerate growth.

from Tech-Economic Times https://ift.tt/3prxUj6