The deal reportedly raises the media, sports and fashion agency's valuation to $5.5 billion. » Read More
*Didi's biggest rival in China is U.S. firm Uber. BEIJING, Dec 1- Ride-hailing company Didi Kuaidi, the Chinese front of an anti- Uber Technologies Inc alliance, said it is seeing better than expected results from its September investment in Lyft, Uber's main rival on its U.S. home turf. Didi, backed by Chinese tech behemoths Tencent Holdings Ltd and Alibaba Group...
Nov 20- Sprint Corp said it would raise about $1.1 billion in cash through a sale and lease-back deal with a company whose backers include Japan's SoftBank Group Corp, the U.S. telecom company's majority owner. Sprint cut its full-year adjusted EBITDA forecast to $6.8 billion- $7.1 billion from $7.2 billion- $7.6 billion, based on the deal with and the inclusion of "...
Nov 20- Sprint Corp said it would raise about $1.1 billion in cash by selling and then leasing back some leased-out mobile devices to a company whose backers include SoftBank Group Corp.. Sprint also cut its full year adjusted EBITDA forecast to $6.8 billion- $7.1 billion from $7.2 billion- $7.6 billion, based on the deal and the inclusion of "transformation...
Asian equities closed higher on Thursday afternoon after U.S. markets reacted positively to the release of the Fed's October meeting minutes.
Asian shares traded mixed on Wednesday, as investors remain cautious over the latest global geopolitical developments in the wake of Paris terror attacks.
Asian stocks were battered on Friday, amid sharp falls in commodity prices and growing expectations that the Fed will hike rates next month.
Asian stocks mostly edged up on Wednesday following fresh economic data from China that largely met expectations.
Asian shares retreated on Tuesday, as a fresh batch of Chinese data added to the uncertainty from a looming rate hike in the U.S.
Asian shares traded mixed on Friday, as investors awaited the release of U.S. jobs data that could provide hints to when the Fed will raise interest rates.
Monetary policy decisions will hog the spotlight in Asia this week, with policymakers in Australia, Thailand and Malaysia set to convene.
Asian stocks mostly fell on Thursday, after the Fed signaled that a December rate hike was still on the table.
Asian stocks traded mixed on Tuesday, with energy shares taking a hit as signs of weakness in China rekindled declines in oil prices.
India has drafted regulations for ride-hailing companies, including Uber and its domestic rival Ola.
Asian shares outside China slid deeper into the red on Tuesday, after trade figures added to concerns over China's economy.
A flurry of activity in Singapore's venture capital market highlights just how excited global investors are about Southeast Asia's start-up scene.
SoftBank led a $1B investment in U.S. financial technology startup SoFi, calling it the largest single financing round in the fintech space.
Asian equities kicked off the fourth quarter on a positive note, as an overnight rally on Wall Street spurred risk appetite.
Asian shares plummeted on Tuesday, with commodity plays among the biggest casualties on the back of China-related worries.
Chinese taxi-hailing app Didi Kuaidi said it has invested in India's largest ride-hailing app, Ola, according to Reuters.
Asian shares traded mixed on Thursday, with Japan's Nikkei 225 index lagging on its first day of trade following a five-day long weekend.