Japanese telecommunications giant SoftBank is considering an IPO of its Japanese mobile phone business, in a move that could raise ¥3 trillion ($18bn). The share sale, to take place on the Tokyo…


THE BUSINESS OF TECHNOLOGY
Japanese telecommunications giant SoftBank is considering an IPO of its Japanese mobile phone business, in a move that could raise ¥3 trillion ($18bn). The share sale, to take place on the Tokyo…
Just a fortnight ago Delivery Hero, the Berlin-based food ordering company, announced impressive financials to back up a June IPO which made it one of Europe’s hottest ‘unicorn’ tech firms. The company, whose…
Red Herring Asia 2017 took place in Manila Wednesday and Thursday last week. The gathering showcased the best Asian tech and entrepreneurship across a variety of talks, discussions and presentations. It culminated in the announcement…
Berlin-based Delivery Hero, which went public this June, has posted impressive financials for the first half of 2017–putting it well on track to break even ahead of schedule. The company, who food…
Technology is making the world smaller. In our personal lives, we can speak face-to-face with people on the other side of the planet, we can share data and files with friends and…
Israeli high-tech exits in the first half of 2017 have fallen far short of their total this time last year, according to a report. The IVC-Meitar Exits Report today discovered that the…
Last week it was Delivery Hero’s successful IPO, which has valued the Berlin company at over $5 billion. This week it’s the turn of London’s Deliveroo, whose Uber-like platform has whetted the…
IPOs are risky business–just ask Snap CEO Evan Spiegel, whose first financial report post-IPO left much to be desired. But while the Los Angeles-based social media firm will have had few traders…
Snapchat parent company Snap has released its first earnings report post-IPO, and they’re not great. Revenue for the first quarter of 2017 was $149.6 million. That compares to a loss of $2.2bn,…