By Tim Culpan
Such a fast decline by two early adopters — Xiaomi and Meituan — doesn’t augur well for Hong Kong’s reputation. It already tried relaxing listing rules when it introduced the Growth Enterprise Market two decades ago.
As it preps for its IPO next year, Lyft has been stressing its gains in ride-hailing. Uber, meanwhile, is trumpeting just about everything else.
Two hip, young startups are set to become the latest challenge to Tencent Holdings Ltd. just as China’s dominant social-media company struggles with shrinking margins and slowing growth.
Shares of SoftBank Group Corp. were down 13% in the two weeks to last Friday. Nvidia Corp., in which the Japanese technology company’s SoftBank Vision Fund is a major investor, plummeted 12.3% over the same period.
Grab seems to have caught up in Indonesia with its Ovo partnership. Will this make the payments field difficult for Go-Jek?
More and more Indian founders and investors are getting used to this new playbook. At the heart of it is SoftBank, and its founder and CEO Masayoshi Son. He is known for taking investment decisions relying on his gut—and his “gut” draws inspiration from Yoda, the Jedi master from Star Wars.
The longer the dispute with China and the U.S. goes on, you are going to see more opportunities for investment in ASEAN, Kravis said.
While Tencent is cutting the number of business groups to six from seven, the company is actually adding to its structure.
Fear of foreign influence simmers in Indonesia (understandably so after decades of being colonized) and the pot gets stirred in election season.
Recycling capital can benefit both LPs and GPs as long as both parties understand the different trade-offs involved and align interests.