By Carl O'Donnell
Son is optimistic that U.S. President Donald Trump’s escalation of trade disputes and heightened scrutiny of foreign investments would not affect the Japanese firm’s prolific deal-making.
Seeing the VC world running dry, China’s unicorns are scrambling to find sugar daddies in the public markets.
As SE Asia’s fastest-growing economy began the transition from five decades of military rule to democracy with the swearing in of the first popularly-elected government in March 2016, western investors adopted a wait-and-see approach.
The U.S. pipeline of Chinese IPOs has been light since President Donald Trump started making noises about tariffs in early March. The only billion-dollar offering is the pending sale by e-commerce site Pinduoduo, for which an American listing makes sense because it competes directly with Alibaba Group Holding Ltd and JD.com Inc., which already trade there.
Of the 27 billionaires to surface in Asia this year, about a third did so through initial public offerings in Hong Kong and Shenzhen, according to the Bloomberg Billionaires Index.
Advantage Partners Inc. is increasingly buying companies from younger Japanese people who’ve been there, done that and want to move on to their next big idea. And that’s creating opportunities for private equity
The new services are a net good only if they complement traditional public transportation systems rather than compete with them.
The investment in JD.com is a significant commitment from Google. The US tech giant has made fewer than a dozen investments with a ticket size of over $100 million (counting all MagicLeap rounds as one).
For PE investors who began betting big on the ride-hailing firm in second half of 2015, the paper returns are yet to be ‘huge’.
Xiaomi Corp. deserves to trade at a premium to global phone brands due to its market-share gains and faster growth trajectory, according to research from Morgan Stanley, one of banks leading its Hong Kong IPO.