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Showing results for "Lalamove"

relates to Lalamove Said to Seek Fresh Funds at $10 Billion Valuation
markets
Lalamove Said to Seek Fresh Funds at $10 Billion Valuation
By John Liu, Dong Cao, and Vinicy Chan
Chinese on-demand logistics and delivery firm Lalamove is considering raising about $500 million in new funds at a valuation of roughly $10 billion, according to people familiar with the matter.
March 30, 2022
relates to Driverless Firm Plus Said to Mull U.S. IPO of Non-China Business
markets
Driverless Firm Plus Said to Mull U.S. IPO of Non-China Business
By John Liu, Dong Cao, and Lulu Yilun Chen
Plus is considering listing its non-China businesses in a U.S. initial public offering, according to people familiar with the matter, after the self-driving-truck startup scrapped a merger with a blank-check company.
April 1, 2022
relates to Talking high technology valuations and weak IPO markets in Europe
business
Talking high technology valuations and weak IPO markets in Europe
By Katie Roof
Hello, it’s Katie back from Switzerland after moderating some panels with top tech investors in Europe, which I’ll recap in today’s Bloomberg Deals newsletter. Speaking of the continent, we have a lot of scoops from there on big names from BP to Porsche. Today's top stories
March 30, 2022
relates to Top 20 Richest Families In Asia: Why $495B Dynasties Are Turning to Crypto, Tech
wealth
Top 20 Richest Families In Asia: Why $495B Dynasties Are Turning to Crypto, Tech
By Venus Feng
The Ambanis, Hartonos and Mistrys lead Asia’s wealthiest clans as the dynasties behind some of the region’s oldest fortunes pivot to crypto, tech and e-commerce.
January 29, 2022
relates to Tencent-Backed Tuhu Said to Shift IPO to Hong Kong From U.S.
business
Tencent-Backed Tuhu Said to Shift IPO to Hong Kong From U.S.
By Vinicy Chan, Pei Li, and Dong Cao
A Chinese online car-services platform backed by investors including Goldman Sachs Group Inc. and Tencent Holdings Ltd. is shifting its proposed initial public offering to Hong Kong from the U.S., people with knowledge of the matter said.
January 6, 2022
relates to Why China, U.S. Clash Over Stock Listings Like Didi: QuickTake
markets
Why China, U.S. Clash Over Stock Listings Like Didi: QuickTake
By Sofia Horta E Costa and Richard Frost
Chinese companies in need of capital have long headed to the U.S. stock market to tap deep-pocketed investors, raising more than $100 billion in first-time share sales over the past two decades. The money flow was profitable for company founders, bankers, early investors and new shareholders. All this has changed due to actions by both countries. Ride-hailing giant Didi Global Inc. said it would withdraw from the New York exchange, a stunning reversal as it yielded to demands from Chinese regula
January 4, 2022
relates to Food Delivery Demand Increased Amid Lockdowns: Lalamove
business
Food Delivery Demand Increased Amid Lockdowns: Lalamove
Blake Larson, managing director of international at Hong Kong-based technology startup Lalamove, which provides on-demand and same-day delivery services by connecting users with delivery drivers on its mobile and web app, discusses how the coronavirus outbreak has been affecting the company's businesses and the industry. He speaks on "Bloomberg Markets: Asia." (Source: Bloomberg)
June 22, 2020
relates to Hong Kong Logistics Unicorn GogoX Said to Weigh $400 Million IPO
technology
Hong Kong Logistics Unicorn GogoX Said to Weigh $400 Million IPO
By Vinicy Chan
Hong Kong-based logistics unicorn GogoX is considering an initial public offering that could raise $400 million to $500 million as soon as this year, according to people with knowledge of the matter.
March 30, 2021
relates to Three Chinese Firms Said to Eye Shifting U.S. IPOs to Hong Kong
technology
Three Chinese Firms Said to Eye Shifting U.S. IPOs to Hong Kong
By Julia Fioretti, Dong Cao, and Pei Li
The startups behind Chinese social networking platform Soul and home workout trainer Keep are the latest to join a slew of companies weighing Hong Kong initial public offerings after suspending plans for U.S. listings, according to people familiar with the matter.
November 3, 2021
relates to China Tightens Rules on Foreign IPOs in New Blow to Tech Firms
business
China Tightens Rules on Foreign IPOs in New Blow to Tech Firms
By John Liu and Claire Che
China proposed new rules that would require nearly all companies seeking to list in foreign countries to undergo a cybersecurity review, a move that would significantly tighten oversight over its internet giants.
July 10, 2021