Bloomberg Wanda Sports Group Co fell 36 percent in its trading debut after its US initial public offering raised only $190 million, less than half its earlier goal for the listing. The American depositary shares priced in the IPO at $8 and then opened at $6. The shares ended the day worth only $5.16 a share, valuing the Beijing-based company ...

Bloomberg Reliance Jio Infocomm Ltd won more subscribers to become India’s biggest telecom operator, as companies prepare for the planned rollout of a 5G network next year. Reliance Jio’s subscriber base grew to 331.3 million in the quarter ended in June, the company reported. That’s higher than nearest rival Vodafone Idea Ltd, which said its users fell to 320 million ...

Bloomberg Askul Corp plans to exercise its right to demand Yahoo Japan sell its 45 percent stake, escalating a public dispute between two major Japanese internet companies. CEO Shoichiro Iwata said he intends to propose the move at a board meeting scheduled for August 1. Whether the online retailer can force a sale hinges on the interpretation of an agreement ...