IPOs & Markets
The company lost more than $900 million in the first half of 2019, up 25% from a year earlier, even as its revenue doubled to $1.54 billion.
Earlier this week, Wanda Sports had cut the size of its IPO to up to $308 million from a previous size of up to $500 million.
WeWork is looking to raise $3-$4 billion in debt before it goes public.
The firm was reportedly struggling to secure enough demand from long-term investors.
Slack's trading price gave it a valuation of more than 50 times revenue.
XIO's acquisition of J.D. Power in 2016 attracted US government scrutiny.
The latest round for Impossible Foods brings the Silicon Valley-based startup's total raised to more than $750 million.
The protests underscore the challenge for Uber of finding a way to lower driver costs in order to become profitable while also paying them enough.
The valuation it is seeking is less than the $120 billion that investment bankers told Uber last year it could fetch.
The disclosure also highlighted how far Uber remains from turning a profit.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in a
rapidly evolving landscape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more.
Be a part of our growing community now.