Recent Posts

Sneaker brand Allbirds seeks to raise up to $269m in IPO

Bloomberg Shoemaker Allbirds and its existing shareholders are seeking to raise up to $269 million in an IPO, adding to a fast-paced season for consumer-oriented listings in the US The San Francisco-based company is marketing 15.4 million shares for $12 to $14 each, according to its filing with the US Securities and Exchange Commission. Existing backers are selling an additional ...

Read More »

Thrasio raises $1b in funding round

Bloomberg Thrasio Holdings Inc, an aggregator of Amazon.com Inc products, has raised more than $1 billion in a private funding round led by technology investor Silver Lake. Silver Lake, a new investor in Thrasio, was joined by existing investors including Advent International, Upper90, Oaktree Capital Management and Peak6 in the Series D financing, according to a statement. The round valued ...

Read More »

US support for Taiwan poses ‘huge risks’ to relations: China

Bloomberg China condemned the US’s latest overture towards Taiwan, warning that ties between the two countries faced “huge risks” just weeks after Presidents Joe Biden and Xi Jinping agreed to hold a video summit. US Secretary of State Antony Blinken’s call for greater participation by Taiwan in UN organisations violated the “one China” understanding between Beijing and Washington, Foreign Ministry ...

Read More »
Send this to a friend