(Bloomberg) — TikTok-owner ByteDance Ltd. is getting more confident its envisioned alliance with Oracle Corp. will pass muster with China’s regulators, a critical step in the political clash over the … ( read original story…
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Silicon Valley’s most prominent VC firm had a banner week: $9 billion in IPO shares while helping TikTok negotiations
Venture capital firm Sequoia has long been the envy of its Silicon Valley peers, but has rarely had a week like this one. ( read original story …)
Jiuzi Holdings Commences U.S. IPO Effort
Jiuzi Holdings has filed to raise $29 million in a U.S. IPO. The firm operates a small mostly franchised network of electric and hybrid car dealerships in China. JZXN has suffered from a sharp drop…
IPO Preview: Jiuzi Holdings Seeks $29 Million U.S. IPO
The firm has developed a mostly franchised car dealer network in China for primarily electric and hybrid transportation vehicles. ( read original story …)
Blockchain Bites: Airdrops, Record Volumes, $1B BTC on Ethereum
Ethereum miners are reaping revenue from increased transaction volume from DeFi, as more than $1 billion worth of BTC migrates over. ( read original story …)
Money Reimagined: Climate-Friendlier Crypto
How Bitcoin can improve its energy efficiency, reduce its climate impact and help manage the electricity grid. ( read original story …)
JD Health makes an US$3 billion IPO appointment in Hong Kong for later this year
JD Health, the healthcare arm of e-commerce giant JD.com, is looking to raise up to US$3 billion via an initial public offering in Hong Kong later this year, according to people familiar with the ……
ByteDance floats US IPO for TikTok in effort to win White House approval
A TikTok IPO would likely mark the largest tech IPO in recent years. The company was recently valued at about $50 billion in private funding rounds. ( read original story …)
UBS Group Plans to Boost Asset Management Business in China
UBS Group AG UBS is mulling to use the new relaxed regulations in China to its advantage by strengthening its asset management business. The news was reported by Bloomberg. Chinas … ( read original story…
Ant Group gets the green light for mega IPO in Shanghai’s Star Market as China pulls out all stops to help tech champions raise funds
Shanghai’s speedy approval of Ant Group’s IPO paperwork showcases China’s eagerness to attract fast-growing technology companies to its markets as it competes with the US for technological supremacy. ( read original story …)
UPDATE 1-China eases cross-border yuan policy to help trade and investors -c.bank
China will make it easier for firms to make cross-border yuan settlements on foreign trade, and relax some curbs on foreign investment, the central bank said on Friday, as part of steps to support ……
China flies 18 warplanes near Taiwan during US envoy’s visit
Taiwan’s defense ministry says China flew 18 warplanes including fighter jets near Taiwan in an unusually large show of force as a U.S. envoy held talks with officials on the self-governing island … ( read…
ByteDance mulls TikTok IPO to clinch U.S. agreement
ByteDance is planning a U.S. IPO of TikTok Global, a new company that will operate the popular video app, should its deal be cleared by the U.S. government. ( read original story …)
