Chinese ride hailing company Didi announced this week that it will begin delisting from the New York Stock Exchange and has plans to list in Hong Kong instead. The move comes less than 6 months after the company’s IPO in the U.S. Shares of Didi have plunged 44% since its IPO on June 30, and … Continue reading “China’s Didi to Delist from NYSE Less Than 6 Months After its IPO”
Tag: softbank
Featured
SoftBank is Investing $500M into Better.com
Wall Street learned this week that SoftBank's latest investment is going to be $500 million…
April 9, 2021
Company News
Delivery Start-up GoPuff Now Has a Staggering $8.9B Valuation
GoPuff, the delivery start-up company that is being backed by SoftBank, has a valuation of…
March 24, 2021
Company News
Under Proposed Settlement SoftBank to Buy About 25% of Adam Neumann’s Stake in WeWork
Wall Street has learned that WeWork Co-founder Adam Neumann and SoftBank Group Corp. are nearing…
February 23, 2021
Hot Stocks
Softbank is Selling Arm Holdings to Nvidia for $40B
According to an announcement made over the weekend from both SoftBank and Nvidia, the former…
September 15, 2020
Hot Stocks
SoftBank is Planning to Sell Up to $21B of T-Mobile Stock
In an announcement on Monday, telecom giant SoftBank announced that it is planning to sell…
June 22, 2020
WeWork Directors are Working Hard to Be Able to Sue Softbank
A special committee of WeWork board members have filed a motion on Monday that would…
May 11, 2020
SoftBanks Pulls $3 Billion Tender Offer for WeWork Shares
SoftBank announced this week that it has terminated its $3 billion tender offer for WeWork…
April 3, 2020
Company News
SoftBank Allowed OneWeb to File for Bankruptcy
As the largest shareholder of internet satellite company OneWeb, SoftBank had been the one to…
March 30, 2020
This is How Much WeWork Lost in Q3
Struggling commercial real estate company WeWork has informed investors this week that it has lost…
November 14, 2019
SoftBank Reports Huge Vision Fund Loss
According to Softbank's CEO Masayoshi Son, his investment judgement was poor after the company revealed…
November 7, 2019
Softbank Could Soon Be Taking Control of Struggling Startup WeWork
WeWork, which was once expected to be a Sillicon Valley darling on Wall Street, may…
October 22, 2019
SoftBank Is Reportedly Asking WeWork to Shelve its IPO For This Reason
SoftBank, which is the biggest outside investor of co-working company WeWork, is urging the startup…
September 10, 2019
SoftBank Launches a Huge Fund to Invest into Artificial Intelligence
Japanese multinational conglomerate holding company SoftBank has launched a new $108 billion fund to invest…
July 29, 2019