The China-based owner of TikTok is reportedly planning to take the wildly popular dance-video app public — if it manages to avoid a US ban that’s being threatened by the White House. ( read original…
Tagged By business
ByteDance plans TikTok IPO as U.S. deal talks advance: sources
An IPO of TikTok would be one of the technology sector’s biggest … Earlier this year, Chinese gaming company Beijing Kunlun Tech Co Ltd sold gay dating app Grindr, bought in 2016, for $620 million…
TikTok’s US Spinoff Would File for IPO in 2021
TikTok’s U.S. spinoff would look to file for an IPO about a year from now, a person familiar with the company said on Thursday … ( read original story …)
ByteDance Rival Kuaishou Aims to Raise up to $5 Billion in Hong Kong IPO: Sources
HONG KONG (Reuters) – Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the…
Tencent-backed Kuaishou prepares for $5bn Hong Kong IPO
Chinese online video startup Kuaishou, the Tencent Holdings-backed challenger to the domestic version of ByteDance’s TikTok, is preparing for an initial public offering that would value the company at … ( read original story …)
ByteDance rival Kuaishou aims to raise up to US$5 billion in Hong Kong IPO – sources
Chinese online short video start-up Kuaishou aims to raise up to US$5 billion in a Hong Kong initial public offering (IPO) as early as January, … ( read original story …)
China, Once Germany’s Partner in Growth, Turns Into a Rival
An informal partnership that kept Germany’s economy tethered to China’s for decades is unraveling, threatening Berlin’s—and Europe’s—post-pandemic recovery as the Asian giant stages a powerful … ( read original story …)
ByteDance rival Kuaishou aims to raise up to $5 billion in HK IPO: sources
Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the matter said, gearing ……
Jack Ma’s Ant faces new rules as it aims to be world’s largest IPO
China’s largest provider of online consumer loans needs to limit the use of asset-backed securities to fund quick personal lending … ( read original story …)
UPDATE 1-ByteDance rival Kuaishou aims to raise up to $5 bln in HK IPO -sources
Chinese online short video start-up Kuaishou aims to raise up to $5 billion in a Hong Kong initial public offering (IPO) as early as January, people with direct knowledge of the matter said, gearing ……
Jack Ma’s Ant Group Hit by Flurry of New Rules Ahead of Mega IPO
Ant Group was dealt another blow by yet more regulations to contain risks in the country’s burgeoning online lending industry as Jack Ma’s financial technology giant prepares for its initial public … ( read original…
China’s BSN to ‘Localize’ 24 Public Blockchains by Making Them Permissioned
China’s state-sanctioned blockchain infrastructure project is finally bringing public chains to its Chinese users – but with a significant twist. The Blockchain-Based Service Network (BSN), a … ( read original story …)
China welcomes U.S. firms to expand investment: commerce official
Tourists admire the skyline view of Lujiazui area at the Bund in Shanghai, east China, Jan. 6, 2020. (Xinhua/Wang Xiang) BEIJING, Sept. 17 (Xinhua) — U.S. companies are welcome to step up investment … (…
