Ping An’s OneConnect to launch $500 million U.S. IPO in rare down round: sources

Ping An’s OneConnect to launch $500 million U.S. IPO in rare...

HONG KONG, Dec 2 (Reuters) - Ping An Insurance’s OneConnect Financial Technology plans to launch a U.S. initial public offering (IPO) for about $500...
Temasek-backed Mapletree raises $443m for new Australian private trust

Temasek-backed Mapletree raises $443m for new Australian private trust

Singapore-based real estate asset manager Mapletree Investment has closed its Australian private commercial trust, Mascot Private Trust (MASCOT), after raising A$654 million in equity. The...
Jumia closes shop in Tanzania, after Cameroon, to focus on mature African markets

Jumia closes shop in Tanzania, after Cameroon, to focus on mature...

Jumia, an ‘Amazon’ for Africa has closed its e-commerce operations in Tanzania, after a similar move in Cameroon, raising questions on the future of...
ByteDance plans to loan 2 billion US dollars to the bank

ByteDance plans to loan 2 billion US dollars to the bank

A person familiar with the matter said that ByteDance is currently in negotiations with banks and plans to loan about $ 2 billion. As...
Zomato in talks to acquire UberEats; Uber puts price tag of $500 million

Zomato in talks to acquire UberEats; Uber puts price tag of...

Uber has put its food delivery business UberEats on the block again for a price tag of $500 million. Zomato is learned to be...
Standard Chartered : China is the NO1 Contributor to Global Economy Among Emerging Economies

Standard Chartered : China is the NO1 Contributor to Global Economy...

Bill Winters, CEO of Standard Chartered, noticed that China is contributing the most to global economy when asked about the leader among emerging economies....
realme announced to enter into the Middle East and Africa

Realme announced to enter into the Middle East and Africa

According to the Chinese entrepreneur magazine report, realme announced official entry into the Middle East and Africa. November 19 news, the smartphone brand realme...
Cambricon Launched Edge AI Chip “Siyuan 220”

Cambricon Launched Edge AI Chip “Siyuan 220”

Cambricon formally launch edge AI product line Siyan 220 and M.2 Accelerator Card on the 21 Hi-Tech Fair in November 14th . Siyuan 220...
SINA Reports Third Quarter 2019 Unaudited Financial Results

SINA Reports Third Quarter 2019 Unaudited Financial Results

SINA Corporation (the "Company" or "SINA") (NASDAQ: SINA), a leading online media company serving China and the global Chinese communities, today announced its unaudited...
Allianz gains approval for China holding company

Allianz gains approval for China holding company

Allianz has received approval from the China Banking and Insurance Regulatory Commission (CBIRC) to commence operation of China’s first fully foreign-owned insurance holding company. The...
Indonesia’s KinerjaPay to get $22.5m bank guarantee from Gabriel Capital

Indonesia’s KinerjaPay to get $22.5m bank guarantee from Gabriel Capital

KinerjaPay (OTCMKTS: KPAY), a US-listed Indonesian digital payment and e-commerce platform, expects to receive a $22.5-million bank guarantee this week from Gabriel Capital, a...
Boon for Hong Kong as Alibaba plans $15 billion listing in late November - sources

Boon for Hong Kong as Alibaba plans $15 billion listing in...

Chinese retail titan Alibaba (BABA.N) plans to list in Hong Kong in the final week of November, two people with direct knowledge said, aiming...
Do NOT follow this link or you will be banned from the site!

South Africa Today

Join our mailing list to receive news every day

Your email is safe with us. We hate spam too!