tencent

Tencent Music To Launch USD 1.2 Billion IPO In The U.S.

Tencent Music To Launch USD 1.2 Billion IPO In The U.S.

Tencent Music Entertainment announced on Monday it is moving forward with its plans to launch its highly-anticipated U.S. initial public offering of up to USD 1.2 Billion after global stock markets were boosted by a truce brokered by U.S. and Chines..

Study shows 20% Growth of the Worlds Billionaires

Study shows 20% Growth of the Worlds Billionaires

This is something nobody ever wants to hear… the rich just keep getting richer. On Friday a study released by UBS and PwC revealed that the wealth of the world's billionaires increased 20% in 2017 to $8.9 trillion!China’s rich are l..

Chinese E-Commerce Pinduoduo Raises $1.6B with U.S. IPO

Chinese E-Commerce Pinduoduo Raises $1.6B with U.S. IPO

Chinese commerce startup Pinduoduo Inc. (NASDAQ: PDD) priced its U.S. initial public offering at USD 19 per share, the high-end of the range, and raised USD 1.63 Billion to become the second largest U.S. float from a Chinese company this year. Pindu..